Permax® definition
Examples of Permax® in a sentence
From and after the Closing Date, all regulatory responsibilities relative to the ownership, use, sale and distribution of Permax® in the Territory shall be discharged either by ▇▇▇ ▇▇▇▇▇ or Buyer, as the case may be, under the ▇▇▇ Lilly/Amarin License Agreement, or any successor agreement thereto.
Amarin specifically represents and warrants to Buyer that (i) neither ▇▇▇ ▇▇▇▇▇ nor Elan has assigned to Amarin, and Amarin does not currently own, the “Elan Retained Rights” (as defined and contemplated in the ▇▇▇ Lilly/Amarin License Agreement), and (ii) ▇▇▇ ▇▇▇▇▇ has not granted Amarin, and Amarin does not currently own, a license to manufacture Permax® in the Territory as contemplated in [Section 14.5] of the ▇▇▇ Lilly/Amarin License Agreement.
Buyer shall assume Amarin’s obligation to pay Elan an adjustable royalty on “Net Sales” of Permax® in the Territory under Section 3.10(e) of that certain Amended and Restated Distribution, Marketing and Option Agreement, dated September 28, 2001, as amended, by and between Elan and Amarin.
In May, 2003, Amarin entered into a settlement of patent litigation with Ivax Corporation concerning two U.S. patents licensed to Amarin by Lilly upon Amarin’s acquisition from Elan of the exclusive U.S. license rights to Permax® (pergolide mesylate) tablets.
SELLER: AMARIN CORPORATION PLC By: Name: Title: BUYER: VALEANT PHARMACEUTICALS INTERNATIONAL By: Name: Title: Zelapar Rights* $ 16.0 million Permax® Rights $ 18.4 million PCP Products and Rights $ 10.0 million API Shares $ 1.6 million TOTAL $ 46.0 million * Reflects the allocation to the Zelapar Rights of the payment in full of the deferred conditional payments provided for under Section 2.3(a)(ii) and 2.2(a)(iii).
Schedule 3.9 contains an accurate and complete list, and Amarin has delivered to Buyer current and complete copies, of all Product Registrations owned by Amarin or in Amarin’s possession relative to the ownership, use, sale or distribution of Zelapar, Permax® and the PCP Products in the Territory.
From and after the Closing Date, Amarin shall advise Buyer in writing of any inquiries received or other contact from the FDA or any other Governmental Body relative to the Amarin Products including the manufacture, storage, handling, marketing, selling, promotion or distribution of Zelapar, Permax® or the PCP Products.