EXPLORATORY DEVELOPMENT definition

EXPLORATORY DEVELOPMENT means development and testing, beyond the RESEARCH PROGRAM, designed to document the pharmaceutical profile of a RESEARCH COMPOUND to demonstrate whether such RESEARCH COMPOUND may be reasonably expected to be useful in the FIELD.
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EXPLORATORY DEVELOPMENT means development and testing, beyond the Research Program, designed to document the pharmaceutical profile of a Research Compound to demonstrate whether such Research Compound reasonably may be expected to be useful in the Field.
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Examples of EXPLORATORY DEVELOPMENT in a sentence

  • LIGAND's right to develop and commercialize shall not come into effect if SB, an AFFILIATE, or a sublicensee is diligently conducting EXPLORATORY DEVELOPMENT or FULL DEVELOPMENT of a COMPETING PRODUCT in the affected country or diligently marketing a COMPETING PRODUCT in such country.

  • SB shall also not be deemed to have abandoned or elected not to develop a PRODUCT in a country (or countries) if SB has commenced EXPLORATORY DEVELOPMENT or FULL DEVELOPMENT with respect to such PRODUCT in the U.S.A. or one or more of the MAJOR MARKET COUNTRIES and has a reasonable intention to commence EXPLORATORY DEVELOPMENT or FULL DEVELOPMENT with respect to such PRODUCT.

  • Within thirty (30) days after the end of each six (6) month period following the commencement of EXPLORATORY DEVELOPMENT by SB of the first RESEARCH COMPOUND, SB shall provide to LIGAND a reasonably detailed written summary report which shall describe the progress of the EXPLORATORY DEVELOPMENT and/or FULL DEVELOPMENT of RESEARCH COMPOUNDS and PRODUCTS under this Agreement.

  • The RESEARCH PROGRAM and all preclinical testing of RESEARCH COMPOUNDS before commencing EXPLORATORY DEVELOPMENT shall be conducted under the direction of the LRC.

  • SB shall keep LIGAND informed as to the progress of the EXPLORATORY DEVELOPMENT and FULL DEVELOPMENT of all RESEARCH COMPOUNDS and PRODUCTS under this Agreement and the filing and obtaining of the approvals necessary for marketing.

  • LIGAND, SB and/or the LRC from time to time shall make recommendations of those RESEARCH COMPOUNDS that have completed EXPLORATORY DEVELOPMENT for FULL DEVELOPMENT by SB.

  • If requested by the other party, LIGAND and SB shall cause appropriate individuals working on the RESEARCH PROGRAM, EXPLORATORY DEVELOPMENT or FULL DEVELOPMENT to be available ***Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission.

  • If SB has abandoned or elected not to develop or commercialize such RESEARCH COMPOUND or PRODUCT, then SB additionally shall inform LIGAND in writing whether it is diligently conducting EXPLORATORY DEVELOPMENT or FULL DEVELOPMENT with respect to, or diligently marketing, a COMPETING PRODUCT, and if so requested, shall provide a reasonable explanation of its efforts with respect to such COMPETING PRODUCT.

  • It is understood and agreed by the parties that, except for Transferred Technology, the Agreement does not grant to either party any license or other right in basic technology of the other party except to the extent necessary to enable the parties to carry out their part of the RESEARCH PROGRAM, EXPLORATORY DEVELOPMENT, FULL DEVELOPMENT, manufacture, marketing and sales of RESEARCH COMPOUNDS and PRODUCTS.

  • The purposes of the LRC shall be to supervise and coordinate the RESEARCH PROGRAM and all preclinical testing of RESEARCH COMPOUNDS before commencement of EXPLORATORY DEVELOPMENT.

Related to EXPLORATORY DEVELOPMENT

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Exploratory well means a well that is not a development well, a service well or a stratigraphic test well.

  • Clinical Development means the conduct of clinical trials in humans to assess the dosing, safety and/or efficacy of the Product, including but not limited to Phase I Clinical Trials, Phase II Clinical Trials, Phase Ill Clinical Trials and Phase IV Clinical Trials.

  • Development means the division of a parcel of land into two or more parcels, the construction, reconstruction, conversion, structural alteration, relocation or enlarge- enlargement of any building or structure, any mining excavation or landfill, and any use or change in the use of any building or other structure, or land or extension of use of land, for which permission is required under the Municipal Land Use Law, N.J.S.A. 40:55D-1 et seq.