Examples of MT203 Product in a sentence
Any Third Party Patent rights which in Micromet’s good faith evaluation potentially related to the MT203 Product shall be brought to Nycomed’s attention without unreasonable delay.
The JPT shall be disbanded upon the earlier to occur of (a) anytime following the receipt of the first Marketing Approval of the MT203 Product, at the option of Micromet, (b) anytime Micromet is no longer actively participating in the development of the MT203 Product under this Agreement, or (b) the [***] anniversary of the Effective Date.
Without limiting the Parties’ obligations under this Agreement, the Parties acknowledge that the ultimate objective of the collaboration is to develop one or more pharmaceutical products including formulation, packaging and application systems as an MT203 Product or Product to be launched and marketed in the Field in the Territory.
At any time following the completion of the [***] for the MT203 Product described on Exhibit C and performed pursuant to the Development Plan, Nycomed may terminate this Agreement it its entirety, for any reason or no reason by written notice to Micromet effective upon [***] days from the date of receipt of the notice by Micromet.
In addition, Micromet and Nycomed shall agree and describe in the Development Plan the appropriate timeframe and activities that provide for the transfer of the applicable manufacturing processes for the MT203 Product to a Third Party manufacturer designated by Nycomed.
MT203 Product in such additional Indications, subject to reasonable commercial and technical considerations, promptly after the achievement of proof of principle of such Product [***] in a clinical trial.
Upon the request of Nycomed, Micromet shall use reasonable efforts to search, monitor, collate and evaluate Third Party Patent rights that may be potentially related to the MT203 Product during a period not to exceed [***] months following the Effective Date.
The Parties further agree to pursue a development strategy that initially focuses on the clinical development of the MT203 Product in [***] , and subject to reasonable commercial and technical considerations to expand the Development Plan to include additional Indications following the achievement of clinical proof of principle of such Product in [***] in a clinical trial.
Such development activities shall be performed in parallel with the development of the MT203 Product in [***] .
For the avoidance of doubt, the terms and conditions of this Agreement applicable to Products (other than those specifically limited to the MT203 Product) shall apply to such Additional Product.