Fluorinov Product definition

Fluorinov Product means any product in finished dosage form containing a Fluorinov Compound, the development, manufacture, use or sale of which would (but for ownership rights or a valid license from Fluorinov), infringe one or more issued or pending Valid Claims of a Fluorinov Royalty Patent in the country in which it is sold (provided that in the case of a patent application, if the patent (when issued) contains claims which are lesser in scope than those contained in the patent application, then only if the issued patent would be infringed).
Sample 1

Examples of Fluorinov Product in a sentence

  • Royalties on the Fluorinov Product shall commence upon the First Commercial Sale of a Fluorinov Product and will continue on a product-byproduct and country-by-country basis until expiration of the last to expire Valid Claim covering such Fluorinov Product, it being understood, for greater certainty, that no royalties shall be paid on any Net Sales in any country where there is not a Valid Claim at the time of sale.

  • No Fluorinov Product has ever infringed, violated or made unlawful use of any intellectual property right of, or has ever contained any intellectual property or intellectual property right misappropriated from, any other Person.

  • For purposes of determining which royalty rate shall apply pursuant to Section 2.2(a), Net Sales shall be calculated on a calendar year basis, with the first calendar year running from the date of First Commercial Sale of a Fluorinov Product until the following December 31st and the final calendar year running from January 1 until the date of expiration or termination of this Agreement.

  • Dosing of the first patient with a Fluorinov Compound in a Phase 2b Trial (payable one time only) $10,000,000 Regulatory Approval of the first Fluorinov Product by a Regulatory Authority (payable one time only) $20,000,000 For greater certainty, payments shall be made pursuant to this Section 2.1 only to the extent that the Fluorinov Compound is the subject matter of a Fluorinov Patent.

Related to Fluorinov Product

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Nicotine product means a product that contains nicotine and is not any of the following:

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • medicinal product means any substance or combination of substances presented for treating or preventing disease in human beings or animals and any substance or combination of substances which may be administered to human beings or animals with a view to making a medical diagnosis or to restoring, correcting or modifying physiological functions in humans or in animals;

  • Biological Samples means any physical samples obtained from Study Participants in accordance with the Protocol for the purposes of the Study.

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • Licensed Product means any pharmaceutical product containing a Licensed Compound (alone or with other active ingredients), in all forms, presentations, formulations and dosage forms.

  • Licensed Compound means [***].

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.

  • Hemp products means all products made from industrial hemp,

  • Cannabis product means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • Biological product means a virus, therapeutic serum, toxin, antitoxin, vaccine, blood, blood component or derivative, allergenic product, protein other than a chemically synthesized polypeptide, or analogous product, or arsphenamine or any derivative of arsphenamine or any other trivalent organic arsenic compound, applicable to the prevention, treatment, or cure of a disease or condition of human beings.

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • Tobacco product manufacturer means an entity that after the date of enactment of this act directly (and not exclusively through any affiliate) meets 1 or more of the following: