Discovery Programs definition
Examples of Discovery Programs in a sentence
AnaptysBio shall hold the primary responsibility for executing each of the Discovery Programs in accordance with each Discovery Plan.
Except as otherwise expressly provided herein, the Parties agree that, for the term of this Agreement and for ten (10) years thereafter, the receiving Party shall not, except as expressly provided in this Section 10, disclose to any Third Party any Confidential Information furnished to it by the disclosing Party hereto pursuant to this Agreement, or any results of the Discovery Programs (“Results”).
By way of example, if the ▇▇▇-3 Discovery Program is terminated, then the exclusivity shall no longer apply to ▇▇▇-3 alone or dual-reactivity to ▇▇▇-3 and PD-1, but the exclusivity for the other non-terminated Discovery Programs (or Development Programs) shall continue.
TESARO and AnaptysBio specifically disclaim any guarantee that the Discovery Programs will be successful, in whole or in part.
The goals of the Discovery Programs are the discovery of Development Antibodies directed to the applicable Targets, and characterization and certain testing, including certain efficacy, pharmacology and toxicology studies, provided that none shall be a GLP Study, all as set forth in the applicable Discovery Plan for such Discovery Program.
In the event that GSK's Percentage Interest is 50.1% or greater and GSK breaches its obligation not to dispose of beneficial ownership of Voting Stock prior to September 1, 2012 pursuant to Section 2.2(b)(i)(B), the "Research Term" under the Alliance Agreement shall lapse simultaneously with such breach and in accordance with Section 3.1.1 of the Alliance Agreement, GSK's future opt-in rights to the Company's Discovery Programs on or after the date of such breach shall terminate.
During each Discovery Program Term, AnaptysBio shall use Commercially Reasonable Efforts to conduct each Discovery Program in accordance with the applicable Discovery Plan within the time schedules contemplated therein and to keep TESARO informed as to the progress and results of the Discovery Programs hereunder.
Subject to the terms and conditions set forth herein, AnaptysBio agrees to conduct research under the Discovery Programs, which shall be funded as set forth in Section 6.
In partial consideration for the right to Opt-In for Discovery Programs hereunder, GSK shall on the Effective Date, pay to Theravance a non-refundable amount of Twenty Million United States Dollars (U.S. $20,000,000).
Theravance shall use Diligent Efforts at all times to initiate at least three new full Discovery Programs during the Research Term.