Valneva definition
Examples of Valneva in a sentence
Valneva has developed a proprietary vaccine for the prevention of COVID-19, the disease caused by SARS-CoV-2 and Valneva Austria wishes to undertake clinical testing of and commercialize that vaccine initially in the UK under an agreement with the UK Government.
If Purchaser desires to use any of the CpG Material supplied under this Agreement in any Product for use after the Pandemic, any such use shall be subject to [***] Valneva Austria’s SARS-COV2 Vaccine Supply Agreement with the Secretary of State for Business, Energy and Industrial Strategy, on behalf of the UK Crown (the “Vaccine Supply Agreement”), and where Purchaser has already paid the Final Payment for such shipment of CpG Material, Purchaser would be obligated to pay Dynavax [***].
Valneva Austria hereby grants Dynavax (a) [***] license under the Joint Patents to make, use, develop, sell, and commercialize, any vaccine other than the Product or a Biosimilar Version of the Product, and (b) [***] license under the Joint Patents to make, use, develop, sell, and otherwise commercialize the CpG Adjuvant [***].
Any and all notices to be given to the Company shall be deemed to have been duly given if personally delivered or sent by mail, air courier or cable, telex or facsimile transmission, confirmed by letter personally delivered or sent by mail or air courier, addressed to Valneva SE, 6 ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, 44800 Saint-Herblain, France, Attention: T▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, or to any other address which the Company may specify in writing to the Depositary.
Valneva will have the right to consult with Pfizer about such litigation and to participate in and be represented by independent counsel in such litigation at Valneva’s own expense.
LimmaTech will have the right to consult with Valneva about such litigation and to participate in and be represented by independent counsel in such litigation at LimmaTech’s own expense.
At Valneva Austria’s request and cost, Dynavax shall cooperate and assist Purchaser in the preparation, prosecution and maintenance of such Joint Patents.
Valneva Austria and Dynavax shall cooperate, at the cost of the requestor, in any enforcement or defense actions of the Joint Patents, including being joined as a party, if required under the relevant Applicable Law.
The Company hereby irrevocably designates, appoints and empowers Valneva USA, Inc.
By way of example, if renegotiations result in a royalty reduction of [***], Valneva shall be entitled to a royalty reduction of [***].