Long-Term Collaboration definition

Long-Term Collaboration means the portion of the Research Program pursuant to which the Parties will conduct research to identify and characterize Lead Compounds or Research Compounds, and the Parties shall conduct research on Lead Compounds or Research Compounds to identify Collaboration Lead Compounds, all as described in Section 3.01(b). The Long-Term Collaboration will be conducted [ * ] and [ * ].

Examples of Long-Term Collaboration in a sentence

  • Pursuant to the Research Plan, Tularik shall develop, and Tularik and Sankyo shall perform, [ * ] assays to determine (i) the effect of Substances selected for screening by the RMC on Current Program Targets during the Feasibility Study and Collaboration Targets during the Long-Term Collaboration and (ii) the [ * ] of such Substances, for the purpose of identifying Lead Compounds and determining whether to make and develop Research Compounds based upon such Lead Compounds.

  • In the event that work on any Collaboration Target under the Long-Term Collaboration is terminated by Sankyo, such Program Target shall cease to be a Collaboration Target and be removed from Appendix C, and such rejected Collaboration Target may be pursued independently by Tularik without any obligation to Sankyo whatsoever.

  • The Long-Term Collaboration shall immediately commence upon the designation of the first Collaboration Target pursuant to Section 3.03(b).

  • The Long-Term Collaboration shall terminate following the earlier of: (i) the termination of all Collaboration Targets pursuant to the immediately preceding sentence; or (ii) the end of Year Four.

  • During the Feasibility Study, Sankyo may designate [ * ] Current Program Target as a Collaboration Target for further research as part of the Long-Term Collaboration.

  • The Long-Term Collaboration shall be conducted by the Parties against such Collaboration Targets to identify and characterize Lead Compounds or Research Compounds and to select Collaboration Lead Compounds pursuant to the Research Plan.

  • Within thirty (30) days from the end of each quarter during the Long-Term Collaboration, Tularik shall send to Sankyo a written report describing the results of the Long-Term Collaboration during such quarter, such report to include without limitation a reasonably detailed summary of the Scientific FTEs funded by Sankyo.