Pharmaceutical Application definition
Examples of Pharmaceutical Application in a sentence
Subject to the terms of this Agreement, Foundation grants to Licensee a non-exclusive license under the Patent Rights and Know-How and Material Rights to make, have made, use, sell and offer for sale Licensed Products and Licensed Services in the Field for Pharmaceutical Application and Territory and during the Term.
For greater clarity, nutritional or dietary supplements, even if they are consumed as a medicinal product, shall not be considered a Pharmaceutical Application, whereas prescription products and the products classified as Medical Foods by US FDA regulations (and equivalent regulations in foreign territories with comparable guidelines) are Pharmaceutical Applications.
If the parties fail to reach an agreement with respect to any such Pharmaceutical Applications, CLINTEC may solicit other offers and engage in negotiations with third parties with respect to that specific Pharmaceutical Application.