CRO Business definition

CRO Business means generally the business of managing or conducting clinical trials on a contract basis as further defined by reference to Quintiles' contract research business as of the date of this Agreement, giving effect to future developments in the natural evolution of the contract research industry; "CSO Business" means generally the business of providing pharmaceutical sales services on a contract basis as further defined by reference to Quintiles' contract sales business as of the date of this Agreement, giving effect to future developments in the natural evolution of the contract sales industry. The steering committee shall review these restrictive covenants six months after the effective date of this Agreement and annually thereafter at the request of either party.

Examples of CRO Business in a sentence

  • Each of the U-Gene Subsidiaries is duly qualified or licensed to do business as a foreign corporation in each jurisdiction in which the present conduct of its respective CRO Business requires such qualification or licensing.

  • All of the patents, trademarks, copyrights and other intellectual property used by gmi in the conduct of its CRO Business are either owned by gmi or can be used according to licensing agreements to which gmi is party and which, to the best of Sellers' knowledge and belief after due investigation, are valid.

  • Sellers shall cause gmi to provide representatives of Kend▇▇ ▇▇▇l access to all offices, books, records, files, agreements and computer databases and information pertaining to gmi's CRO Business, its assets and liabilities.

  • All equipment and inventory used for or in the conduct of the U-Gene Companies' CRO Business are either owned by U-Gene or the U-Gene Subsidiaries or can be used according to valid agreements to which U-Gene or a U-Gene Subsidiary is a party.

  • U-Gene has full corporate power and authority to own its assets and to carry on its contract research organization business specifically including all Phase I activities, whether conducted through U-Gene's Clinical Research Unit or otherwise ("CRO Business"), as now being conducted.

  • The facilities leased by the U-Gene Companies pursuant to the Real Property Leases comply with all applicable zoning, land use, health and safety laws and are adequate for the conduct of the U-Gene Companies' CRO Business as currently conducted and as planned to be conducted.

  • The tangible personal property of the U-Gene Companies is, as of the signing of this Agreement, in working condition and adequate and suitable for the U-Gene Companies' CRO Business, except for ordinary wear and tear, and will be maintained under U-Gene's regular maintenance policy until Closing.

  • None of the Sellers knows of any information which is, or which may reasonably be regarded as, material to an accurate appraisal of the CRO Business, assets, liabilities and affairs of gmi and which has not been disclosed to Kend▇▇ ▇▇▇H.

  • Each of the U-Gene Subsidiaries has full corporate power and authority to own its respective assets and to carry on its respective CRO Business as now being conducted.

  • All objects in the asset side of the attached gmi Financial Statement and used by it in its CRO Business are in an operational state.