Cortrosyn definition
Examples of Cortrosyn in a sentence
No Person other than Organon, by virtue of the Organon Security Agreement and DRC has any agreement, option, warrant or right, or any right capable of becoming any of the foregoing, for the purchase of all or any of Amphastar's right, title or interest in Cortrosyn or any of the Acquisition Agreements, the Product Rights or Intellectual Property.
No representation or warranty made by Amphastar in this Agreement contains any untrue statement of a material fact or omits to state any material fact necessary to make any such representation or warranty not misleading to a prospective investor seeking full information as to Amphastar, Cortrosyn and the Intellectual Property.
Amphastar has no current proposal or intention to abandon or delay the marketing, sales and distribution of Cortrosyn nor is it aware of any existing circumstance, event or condition which could have a material adverse effect on the marketing, sales and distribution of Cortrosyn.
To Amphastar's knowledge, there is no proceeding by any Governmental Agency pending, nor is any Governmental Agency threatening with respect to Cortrosyn a product recall or market withdrawal, or the revocation or suspension of the NDA.
For avoidance of doubt, this clause shall not be construed to alter the deductions permitted in connection with the sales of Cortrosyn as set forth in the definition of Net Sales of Cortrosyn.
There is not presently outstanding against Amphastar or any of its Affiliates any judgment, decree, injunction, rule, order or award of any court, Governmental Agency or arbitrator that may adversely affect Amphastar or any of its Affiliates or Amphastar's right or ability to manufacture, market, sell or distribute Cortrosyn or the ownership or rights of Amphastar to any of the Product Rights or Intellectual Property.
Amphastar shall also provide DRC with timely information pertaining to Cortrosyn with respect to all correspondence with or from the FDA.
Amphastar shall maintain at its usual place of business in Rancho Cucamonga, California, up-to-date records, reports, accounts, books and files which shall accurately reflect all particulars known to or under the control of Amphastar which pertain to Cortrosyn and the operation of its business generally.
If so requested by DRC, DRC shall annually have the right, but not the obligation, to audit Amphastar's books and records and other supporting documentation pertaining to Net Sales of Cortrosyn for any calendar year not previously audited by DRC.
Subject to Section 2.2(g) and Section 2.4, for avoidance of doubt, no royalty shall be paid to DRC in respect of any Net Sales of Cortrosyn in excess of $7.5 million per Quarter.