Definition of POZEN Product

  1. POZEN Product means any product that combines a Gastroprotective Agent and any NSAID in a single fixed combination dosage form, that would, if made, used, sold, offered for sale, had made, imported or exported in the Territory without a license from POZEN of the Licensed Patents, infringe one or more Valid Claims of the Licensed Patents.

Examples of POZEN Product in a sentence

  1. Upon expiration (but not earlier termination) of the Term pursuant to Section 12.2 (Term), Licensee will have a non exclusive, irrevocable, perpetual, fully-paid license, with the right to sublicense, under the Licensed Technology to research, develop, make, use, sell, offer for sale, and import the POZEN Product in the Field of Use in the Territory.
  2. AstraZeneca will consult in good faith with POZEN regarding the identification of such proposed substitute POZEN Product, and POZEN shall either approve or disapprove the identification of such proposed substitute Initial POZEN Product within ****** (******) days of AstraZeneca's providing POZEN with such notice, such approval not to be unreasonably withheld, conditioned or delayed.

Definition of POZEN Product in Collaboration and License Agreement

POZEN Product means any product that combines a Gastroprotective Agent and any NSAID in a single fixed combination dosage form, that would, if made, used, sold, offered for sale, had made, imported or exported in the Territory without a license from POZEN of the Licensed Patents, infringe one or more Valid Claims of the Licensed Patents.