Copromotion definition
Examples of Copromotion in a sentence
All sales of Warner-LeukoSite Products will be completed, distributed, accounted for, billed and booked by Warner at prices established by Warner, provided, however, that Warner will not grant a preference to or otherwise favor other products of Warner over Warner-LeukoSite Products or Warner Products based on the fact LeukoSite is entitled to royalties or a share of Co-promotion rights.
In no event shall ChemoCentryx’s Co-promotion Right or any license granted to ChemoCentryx under Section 5.6.1 or under any resulting definitive co-promotion agreement be assignable, sublicenseable or transferable, in any way, by ChemoCentryx.
The first meeting of the JCC shall be held within twenty (20) calendar days of the later of (a) the NDA Filing date for the first NDA for the Co-Promoted Product to which Ambit as previously exercised its Co-promotion Option or (b) the effective date agreed to by the Parties for the Co-Promotion Agreement.
If Ambit elects to exercise the Co-promotion Option with respect to a Product, then promptly after such election the Parties shall form a Joint Commercialization Committee (the “JCC”) to plan and oversee the Co-Promotion activities by both Parties in the U.S. with respect to Co-Promoted Products and to approve Co-Promotion Plans.
Upon exercising the co-promotion option, Centocor shall be obligated to perform fifty percent (50%) of the details (as determined by the Product Committee) in the Core Co-promotion Territory.
The Company entered into a Co-promotion Agreement, dated April 1, 2001, with Amarin Pharmaceutials, Inc.
If Centocor commences co-promotion of the Product in the Core Co-promotion Territory and any other countries in the Territory pursuant to Section 2.1(b), Schering-Plough shall grant back to Centocor the right to use the Trademark in those countries for the purposes of co-promoting the Product.
Such access shall be available during normal business hours not more than once each calendar year during the Copromotion Term and only until two years after the relevant period in question.
It is understood that ChemoCentryx’s Co-promotion activities shall be supplemental to and consistent with, the promotion capabilities of GSK.
The Copromotion Option shall constitute a right but not an obligation of Valera.