Ribozyme Product definition
Examples of Ribozyme Product in a sentence
RPI will promptly notify LILLY of any regulatory inspections and inquiry/communications which involve Ribozyme Product and give LILLY an opportunity to assist RPI in responding to any such inquires.
RPI will assure compliance with regulatory commitments and will correct any deficiencies prior to manufacturing of any Ribozyme Product.
As soon as practicable following product launch of a Ribozyme Product, the parties shall meet to review whether it is appropriate to continue the collaboration under the day to day management of the JDT, or whether the objectives of the JDT have been substantially achieved and it is appropriate to disband or reorganize the JDT.
Upon receiving Regulatory Approval for a Ribozyme Product, the parties agrees to coordinate the application for any patent term extension which may be available under the Patent Rights in any country; however the responsibility of applying for any such extension shall be the Party having the right to make the extension application under the applicable law.
Each Party shall promptly notify the other if it receives notice that activities involving the Research Collaboration or the development or commercialization of Ribozyme Product allegedly infringe a Third Party's proprietary rights.
LILLY shall be responsible for determining all regulatory responsibilities for the preparation and filing of all Drug Approval Applications in the name of LILLY and all activities necessary for such Drug Approval Applications including but not limited to the manufacture, marketing and sale of any Ribozyme Product.
LILLY shall have the right to audit and approve all subcontractors selected by RPI to manufacture Ribozyme Product or bulk products as provided and in addition to Section 7.3. LILLY quality assurance shall have the right to audit all manufacturing facilities for Ribozyme Product for clinical studies and commercial sale.
If RPI becomes subject to a voluntary or involuntary bankruptcy not discharged within one hundred and eighty (180) days after commencement, RPI will use its best efforts to transfer its interests in assets related to the development and commercialization of a Ribozyme Product, including the employment contracts (if any) with the scientists involved in the Research Collaboration to LILLY.
LILLY shall pay RPI Royalties on the Net Sales of each Ribozyme Product for the Royalty Term according to the following schedule ("Base Royalties").
The Parties agree to cooperate in taking commercially reasonable legal actions to protect the commercial interests of the Parties in a Ribozyme Product against infringement by Third Parties.