IP Analysis definition
IP Analysis means a freedom-to-operate search and review of Third Party and Anacor’s intellectual property related to the composition, use, manufacture, and commercialization of the proposed Project Compound (or product containing or comprising a Project Compound), which search and review shall include analysis of the scaffold structure of the applicable Project Compound and which shall be appropriate and reasonable in light of (i) the phase of development of the Project Compound, (ii) the intended use of such compound, and (iii) the Global Access requirements of the Foundation.
Examples of IP Analysis in a sentence
If an analysis of the IP situation is mutually agreed upon, SURGIVISON will cover any costs related to the IP Analysis.
If SURGIVISION unilaterally decides that the IP Analysis to a Change Request shall not be performed, section 13.5.2 (ii) applies.
Anacor shall also provide (orally or in writing, at Anacor’s election) an IP Analysis for such nominated Project Compound to the Foundation at least [ * ] prior to the applicable JSC meeting.
Prior to performing any IP Analysis hereunder, the parties shall enter a confidentiality agreement or joint defense agreement related thereto.