Compound Derivative definition
Examples of Compound Derivative in a sentence
Milestone payments shall be payable only once with respect to a particular Optioned Lead Program, even though the Optioned Lead Program, Optioned Lead Program Compound, Derivative Compound or Drug Product may be subsequently developed for indications other than those for which Regulatory Approval was initially sought.
Neither party may charge the services of its personnel or any third party to research or develop an Independent Compound, Derivative Compound thereof or Independent Product to the other party.
If a Third Party sells a product that contains the same Compound, Derivative or Additional Licensed Compound as found in the Licensed Product sold in a country in the Territory, then VIA’s royalty obligations to Roche under Sections 4.1 and 4.3 with respect to sales in such country shall be reduced as follows: ***.
In the event that an Optioned Lead Program Compound, Derivative Compound or Drug Product fails in development, any milestone payments previously paid with respect to such Optioned Lead Program Compound, Derivative Compound or Drug Product shall be fully creditable toward the same milestone due with respect to another Optioned Lead Program Compound, Derivative Compound or Drug Product included within the same Optioned Lead Program.
Each Party shall thereafter be bound by the decision of the Industry Expert as to whether the compound is deemed a Compound Derivative.
In the event IBP makes a determination to commence human clinical trials of any particular Product or Product(s), the Parties will discuss whether it is practical to assign to IBP any of the patent applications or patents arising from Program Inventions that are specific to the Product in question, or the Compound or Compound Derivative contained therein, or related compounds within the same Active Substructure.
If such compound is not an Excluded Compound and the RMC agrees that such compound otherwise satisfies the definition of a “Compound Derivative” with respect to the Compound from which such compound was originally derived, then such compound shall be deemed to be a Compound Derivative of such Compound and shall comprise an additional compound within the Compound Set associated with such Compound.
Subject to the limitations herein, 3DP --------------------- hereby grants to Heska, for the term of the Agreement, an exclusive, worldwide right and license under the 3DP Intellectual Property and 3DP's interest in the Joint Intellectual Property to make and have made any Test Compound, Derivative Compound or Licensed Product for use in the Fields or any Heska Compound or Heska Product for use within the Other Fields throughout the Territory.
The license granted by Immusol under Section 4.1 (b) shall survive any expiration or termination of this Agreement with respect to any Designated Shared Compound, Derivative Compound thereof, Shared Product, Independent Compound, Derivative Compound thereof and Independent Product for which the amounts due under Section 3 have been paid (in accordance with the terms of this Agreement).
The license granted by Tularik under Section 3.1(b) shall survive any expiration or termination of this Agreement with respect to any Designated Shared Compound, Derivative Compound thereof, Shared Product, Independent Compound, Derivative Compound thereof and Independent Product for which the amounts due under Section 4A have been paid (in accordance with the terms of this Agreement).