Early Stage Development definition
Examples of Early Stage Development in a sentence
Subject to Section 18.3 below, the Term of the Early Stage Development Program shall continue from the Effective Date until October 1, 1997 or such later date as the parties may agree.
Notwithstanding the foregoing, it is understood that Introgen may conduct research and development work on potential products and technologies for use within the Field outside the Early Stage Development Program; provided that Introgen may not license to third parties or market any product within the Field during the ten (10) year period specified in this Section 6.2, without RPRP's prior approval.
The Program Plan and Budget may include reasonable depreciation charges or lease expenses for certain capital equipment to be purchased or leased by Introgen for use in connection with the Early Stage Development Program.
With respect to matters relating to Early Stage Development, Introgen's lead representative shall chair meetings of the Development Committee, and with respect to matters relating to Later Stage Clinical Development, RPRP's lead representative shall chair such meetings.
Introgen shall be responsible for preparing reasonably detailed plans and budgets on an annual basis for the "Program Plan and Budget" through which the Early Stage Development Program will be carried out.
Neither Introgen nor RPRP makes any representation or warranty or guaranty that the Program Plan and Budget will be sufficient for the successful completion of the Early Stage Development Program.
Concurrently with the submission and establishment of Product Plans and Budgets for the Early Stage Development to be conducted under the Early Stage Development Program in accordance with Section 3.4 above, RPRP shall submit to the Development Committee an outline of the Product Plan and Budget for Later Stage Clinical Development for each Collaboration Product in North America.
RPRP and Introgen shall each have access to and the right to use for any purpose, including incorporation in any regulatory filing, any preclinical and/or clinical data with respect to the Collaboration Product developed by Introgen or RPRP in the course of the Early Stage Development Program or otherwise (including in the Co-Exclusive Territory or the RPRP Territory).
Title to all inventions and other intellectual property made jointly by employees of Introgen and RPRP in connection the Early Stage Development Program shall be jointly owned by RPRP and Introgen.
At its meetings, the Development Committee will (i) formulate and review the Early Stage Development Program objectives, (ii) monitor the progress of the Early Stage Development Program toward those objectives, (iii) review and approve the Program Plan and Budget, and Product Plans and Budgets, pursuant to Section 3.4 of this Agreement, and (iv) monitor the progress of both Early Stage Development and Later Stage Clinical Development.