Life cycle Management definition
Life cycle Management means a "cradle to grave" approach to asset management that looks at products and services from initial concept through procurement, to disposal once the item is no longer usable or required. Life Cycle means the natural life or the intended period of use or applicability of a good or service, license or right, from beginning to end.
Life cycle Management means the range of activities to be performed on a Company Product after such Company Product has been Commercialized in the Applicable Field or a subset of the Applicable Field at the time of Good Actor Termination for the purpose of maximizing the value of such Company Product for as long as reasonably practicable and in the exercise of Commercially Reasonable Effort. Life Cycle Management activities may include, but are not limited to, improving the formulation, using such Company Product in combinations with other products, expanding the label to include additional use(s) of such Company Product in the Applicable Field or a subset of the Applicable Field or geography of registration, or extending the patent life of such Company Product.
Life cycle Management means management of the potential environmental impacts of a product in all stages of production, distribution, use, collection, reuse, recycling, reprocessing and disposal of that product.
More Definitions of Life cycle Management
Life cycle Management. Life Cycle Management shall mean efforts, whether prior to or after obtaining Regulatory Approval of a Collaboration Product, to maximize long term commercial sales and commercial potential of such Collaboration Product.
Life cycle Management means those additional Development activities for any Collaboration Product, including the preparation and filing of Regulatory Filings therefor, after the first Regulatory Approval for a Collaboration Product has been obtained, but excluding Post-Approval Studies.