Examples of Product IP in a sentence
Investigational Product (IP) (also known as Test Article): Defined by the FDA as any drug (including a biological product for human use), medical device for human use, human food additive, color additive, electronic product, or any other article subject to regulation under the act or under sections 351 and 354-360F of the Public Health Service Act (42 U.S.C. 262 and 263b-263n).
During any period of time that Created Product IP Rights and the Owned Product IP Rights are jointly owned by the Parties, such IP Rights shall be considered the Confidential Information of both Parties.
For clarity, following assignment of the rights to Created Product IP Rights and the Owned Product IP Rights to ALVOTECH, such IP Rights shall be considered the Confidential Information of ALVOTECH only.
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Product IP infringementarising directly or indirectly from the actual or alleged infringement of any intellectual property right by any product manufactured, designed, formulated, licensed, distributed, or sold by you or the misappropriation of any trade secret by you or a third party.20.