Licensed Product definition

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

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Licensed Product means a product or part of a product in the Licensed Field of Use: (A) the making, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent; or (B) which is made with, uses or incorporates any Technology.

Licensed Product means any product or component (i) whose manufacture, use, sale, offer for sale or import is covered by any Valid Claim, or (ii) which is made using a Licensed Process or another Licensed Product.

Examples of Licensed Product in a sentence

Company will provide Mayo with annual reports within [***] days of each anniversary of the Effective Date describing in detail: (a) all development and marketing activities for each Licensed Product and the names of all Sublicensees, including which of the Sublicensees are Affiliates; and (b) an updated development plan for the next annual period.
Each report will include product names, part numbers and quantity sold for each country in which the Licensed Product was sold.
Company shall consult with Mayo in selecting the patent covering each Licensed Product for patent term extension for or supplementary protection certificate under in accordance with the applicable laws of any country.
In the event a third party institutes a suit against Company for infringement of intellectual property involving a Licensed Product, Company will promptly inform ▇▇▇▇ and keep ▇▇▇▇ regularly informed of the proceedings.
Company agrees to comply with the provisions of the ▇▇▇▇-▇▇▇▇ Act, including promptly providing to Mayo with information requested to enable Mayo to meet its compliance requirements and substantially manufacturing Licensed Product in the U.S. Mayo (Mayo file #s 2026-028 & 2026-076) / Profusa, Inc.

More Definitions of Licensed Product

Licensed Product means any method, process, composition, product, service, or component part thereof that would, but for the granting of the rights set forth in this Agreement, infringe a Valid Claim contained in the Licensed Patents.

Licensed Product means any composition, product or service which, in the course of manufacture, use, sale or importation, would be within the scope of one or more pending or issued and unexpired claims of Patent Rights or which was identified, isolated or developed through the use of a Licensed Method.

Licensed Product means a Product comprising or containing one or more Licensed Compounds.

Licensed Product means any product commercialized by a Licensee that embodies or utilizes Generated Information, a Subject Invention, or Copyrightable Work, or Other Intellectual Property.

Licensed Product means any product that cannot be developed, manufactured, used, or sold without (a) infringing one or more claims under the Patent Rights, (b) using or incorporating some portion of one or more Biological Materials, or (c) using some portion of the Related Technology.

Licensed Product means any product, the manufacture or sale of which is within a Valid Claim within the Licensed Patents in the country of manufacture or sale.

Licensed Product means any material for which the manufacture, use, sale, or import would constitute an infringement of a Valid Claim within the Regents’ Patent Rights if not for the license granted to the Licensee under this Agreement.