Common use of Development and Commercialization Clause in Contracts

Development and Commercialization. Merck shall use reasonable efforts, --------------------------------- consistent with the usual practice followed by Merck in pursuing the commercialization and marketing of its other similar pharmaceutical products, at its own expense, to develop and commercialize a Licensed Product on a commercially reasonable basis in such countries in the Territory where in Merck's opinion it is commercially viable to do so.

Appears in 2 contracts

Samples: License Agreement (Cytrx Corp), License Agreement (Cytrx Corp)

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Development and Commercialization. Merck MERCK shall use reasonable efforts, --------------------------------- consistent with the usual practice followed by Merck MERCK in pursuing the commercialization and marketing of its other similar pharmaceutical products, at its own expense, to develop and commercialize a Licensed Product on a commercially reasonable basis in such countries in the Territory where in MerckMERCK's opinion it is commercially viable to do so.

Appears in 2 contracts

Samples: Development and License Agreement (Isis Pharmaceuticals Inc), Development and License Agreement (Isis Pharmaceuticals Inc)

Development and Commercialization. Merck MERCK shall use reasonable efforts, --------------------------------- consistent with the usual practice followed by Merck MERCK in pursuing the commercialization and marketing of its other similar pharmaceutical productsproducts of similar market potential, at its own expense, to develop and commercialize a Licensed Product on a commercially reasonable basis in such countries in the Territory where in MerckMERCK's opinion it is commercially viable to do so.

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Neogenesis Pharmaceuticals Inc)

Development and Commercialization. Merck shall use reasonable efforts, --------------------------------- consistent with the usual practice followed by Merck in pursuing the commercialization and marketing of its other pharmaceutical products of similar pharmaceutical productsmarket potential, at its own expense, to develop and commercialize a Licensed Product on a commercially reasonable basis in such countries in the Territory where in Merck's opinion it is commercially viable to do so; provided, that such countries shall include the United States and at least one other Major Market Country.

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Interneuron Pharmaceuticals Inc)

Development and Commercialization. Merck shall use reasonable --------------------------------- efforts, --------------------------------- consistent with the usual practice followed by Merck in pursuing the commercialization and marketing of its other similar pharmaceutical products, at its own expense, to develop and commercialize a Licensed Product on a commercially reasonable basis in such countries in the Territory where in Merck's opinion it is commercially viable to do so.

Appears in 1 contract

Samples: License Agreement (Cytrx Corp)

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Development and Commercialization. Merck MERCK shall use reasonable efforts, --------------------------------- consistent with the usual practice followed by Merck MERCK in pursuing the commercialization and marketing of its other pharmaceutical products of a similar pharmaceutical productscommercial value, at its own expense, to develop and commercialize a Licensed Product or Test on a commercially reasonable basis in such countries in the Territory where in Merck's MERCK’s opinion it is commercially viable to do so.

Appears in 1 contract

Samples: License and Research Collaboration Agreement (Decode Genetics Inc)

Development and Commercialization. Merck shall use reasonable efforts, --------------------------------- consistent with the usual practice followed by Merck in pursuing the commercialization and marketing of its other similar pharmaceutical products, at its own expense, to develop and commercialize a Licensed Product on a commercially reasonable basis in such countries in the Territory where in Merck's opinion it is commercially viable to do so.

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Decode Genetics Inc)

Development and Commercialization. Merck MERCK shall use reasonable efforts, --------------------------------- consistent with the usual practice followed by Merck MERCK in pursuing the commercialization and marketing of its other pharmaceutical products of a similar pharmaceutical productscommercial value, at its own expense, to develop and commercialize a Licensed Product or Test on a commercially reasonable basis in such countries in the Territory where in MerckMERCK's opinion it is commercially viable to do so.

Appears in 1 contract

Samples: License and Research Collaboration Agreement (Decode Genetics Inc)

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