Target Selection Process definition
Examples of Target Selection Process in a sentence
Each Party hereby grants to the other Party and its Affiliates under the Target Results the non-exclusive, non-sub-licensable right and licence to use the same in relation to the Target Selection Process, Target Validation Work and any Joint Discovery Programme, AstraZeneca Discovery Programme or CAT Alliance Discovery Programme as the case may be.
The Parties shall within twenty-eight (28) days of the Effective Date establish a research management committee (the “RMC”) to oversee the Target Selection Process and the initiation, planning and performance of all Joint Discovery Programmes and AstraZeneca Discovery Programmes.
Notwithstanding anything contained in Clauses 17.4, 17.5 and 17.6, AstraZeneca shall exclusively own all Know-How, Materials and related IP Protection Rights that constitute Improvements to AstraZeneca Other Technologies and which arise during the course of the Target Selection Process or any Programme.
The Cost Reports shall (i) be in a format agreed between the Parties; (ii) compare the actual Programme Costs incurred by each Party in the relevant Calendar Quarter against the Programme Budget; and (iii) contain a cumulative record by Programme of all Programme Costs incurred by each Party in the Target Selection Process or within the Shared Programme since its initiation.
The maximum overall annual FTE resource for activities in relation to the Joint Discovery Programmes and the Target Selection Process will be no more than the number set out in the Initial FTE Schedule.
The Parties shall equally share the Alliance Co-Funded Costs and the Programme Costs of all work carried out in relation to the Target Selection Process, Joint Discovery Programmes and Joint Development Programmes.
Once the Alliance Discovery Goals have been determined by the ASC, the RMC and the Target Selection Committee will, in accordance with Clause 4, ensure that the Target Selection Process and initiation of Joint Discovery Programmes are conducted in a manner consistent with such Alliance Discovery Goals during the Initiation Year in question.
For each Joint Discovery Programme, the relevant Joint Discovery Project Team shall appoint a Programme Cost Manager, for each Joint Development Programme and Final Development of an Alliance Co-Funded Product the relevant GPT shall appoint a Programme Cost Manager, and for the Target Selection Process the Target Selection Committee shall appoint a Programme Cost Manager.
Both Parties shall make the number of FTEs set out in the Initial FTE Schedule available for the Alliance at the times specified in the Initial FTE Schedule provided always that once the Discovery Initiation Phase has expired neither Party shall be required to make the FTEs for the Target Selection Process available for the Alliance and once the Discovery Term has expired neither Party shall be required to make FTEs for the Discovery Programmes available for the Alliance.
The Programme Cost Manager shall, for the Target Selection Process and each Joint Discovery Programme, Joint Development Programme and Final Development of an Alliance Co-Funded Product (collectively, “Shared Programmes”), prepare within forty-five (45) days of the end of each Calendar Quarter a detailed report on the Programme Costs incurred by each Party during that Calendar Quarter in the Target Selection Process and each Shared Programme (a “Cost Report”).