Develop definition
Examples of Develop in a sentence
Licensee, by itself or through an Affiliate of Licensee or Sublicensee, shall use Commercially Reasonable Efforts to Develop and Commercialize Licensed Products in the Field in the Territory.
An initial high level development plan describing how Neurocrine intends to Develop the Sanofi Products is attached hereto as Exhibit D.
Neurocrine wishes to take a license, and Sanofi wishes to grant a license, under such Sanofi intellectual property rights and ▇▇▇▇▇▇▇▇▇▇ wishes to receive by assignment from Sanofi such Sanofi regulatory filings and such Sanofi materials to Develop (as defined herein) and Commercialize (as defined herein) the Sanofi Products and/or the Neurocrine Products (as defined herein) in the Territory (as defined herein), in each case in accordance with the terms and conditions set forth below.
Subject to Licensor’s Opt-In Right and subject to the terms and conditions of this Agreement, during the Term, Licensor, on behalf of itself and its Affiliates, hereby grants to Licensee an exclusive (even as to Licensor), royalty-bearing, transferable (pursuant to Section 14.1), and sublicensable (through multiple tiers) license under the Licensed Patent Rights to Develop, Manufacture, and Commercialize Licensed Products in the Field in the Territory.
Without any additional consideration to Licensee, Licensee will grant to Licensor, its Affiliates, and its sublicensees a Right of Reference and Use, as that term is defined in 21 C.F.R. § 314.3(b) and any foreign counterpart to such regulation, under any and all Regulatory Materials of Licensee and its Affiliates in the Territory to the extent necessary or reasonably useful for Licensor to Develop, Manufacture, or Commercialize Licensed Products in the Field in the Opt-In Territory.