Reference Compound definition
Reference Compound means any non-proprietary (to either Party) compound that has a known chemical structure and known activity.
Reference Compound means for each Collaboration Target, any compound which is publicly known to be an inhibitor or other modulator of such Collaboration Target and which is approved by the JSC for inclusion in the Research Collaboration.
Reference Compound has the meaning set forth in Section 1.39.
Examples of Reference Compound in a sentence
In the event VERTEX chooses alternative (b) above, it shall pay to SERONO within [************************************************* **********************************], and SERONO shall use reasonable efforts to transfer to VERTEX any existing regulatory filings and clinical trials agreements, and otherwise assist in a smooth transition to VERTEX of the Development Program relative to the Reference Compound.
If SERONO chooses not to continue development of the Reference Compound it will so notify VERTEX in writing at any time prior to the submission of the first application for Regulatory Approval with respect to the Reference Compound in either the United States or the European Union.