Tool Compound definition
Examples of Tool Compound in a sentence
If the Tool Compound is provided by Bayer, Bayer shall inform Recursion that the Tool Compound is in clinical or therapeutic use.
In the event that CombinatoRx decides to not file a patent application covering any Novartis Tool Compound Project Intellectual Property or to abandon any such patent application or Patent issued therefrom, CombinatoRx shall provide notice to Novartis [*] PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST.
Upon delivery of the Option Exercise Notice to CombinatoRx, the license to CombinatoRx’s interest in such Novartis Tool Compound Project Intellectual Property pursuant to Section 3.2(c) shall immediately and automatically become the Exclusive License.
At the time GSK provides a GSK Tool Compound to Pharmacopeia, GSK shall grant, and hereby does grant to Pharmacopeia, a non-exclusive license to use the GSK Tool Compound under the relevant GSK Tool Compound IP owned or Controlled by GSK for use only in biological assays pursuant to a Program (i) as a positive control in an assay to modulate the activity of the applicable Target and/or (ii) to find non-active site inhibitors, and for no other purpose.
In addition, the Parties understand and agree that Pharmacopeia shall not use the GSK Tool Compound or the GSK Tool Compound IP as a starting point or as an intermediate in any chemistry efforts or any structure-activity-relationship studies (SAR studies) under a Program to identify or optimize any chemical compound or series to be progressed by Pharmacopeia pursuant to any Program.
Ownership of all Information generated by or on behalf of Hanmi and its Affiliates and Third Party subcontractors using the Tool Compound or Compound in the course of the Research Program (“Research Results”), and RAPT’s right to use and disclosure such Research Results, shall be governed by Section 4.3 (Information Transfer to RAPT).
For avoidance of doubt, Pharmacopeia shall not be permitted to transfer or disclose any GSK Tool Compound or any GSK Tool Compound IP or any information regarding the chemical structure of any GSK Tool Compound to a Third Party without GSK’s prior written consent.
To the extent practical, CombinatoRx shall provide Novartis with all filings related to the prosecution and maintenance of Novartis Tool Compound Project Intellectual Property reasonably in advance of the filing thereof and shall consider all of Novartis’ comments on such filings in good faith.
With respect to publications containing Novartis Tool Compound Project Intellectual Property that has not been exclusively licensed to Novartis pursuant to Section 3.5, each Party shall review each such proposed publication in order to avoid the unauthorized disclosure of such Party’s confidential information and to preserve the patentability of inventions arising from the Research Collaboration.
Publications containing any Novartis Protected Compound Project Intellectual Property, and/or any Novartis Tool Compound Project Intellectual Property that is exclusively licensed to Novartis pursuant to Section 3.5, shall not be made without the prior written consent of Novartis, such consent to be in Novartis’ sole and absolute discretion.