Examples of Proprietary drug in a sentence
If the Proposed Field is not a Ciba Field and if the Drug proposed to be delivered pursuant to the Dermion Proposed System is not a Ciba Proprietary Drug for treatment of the Specified Indication, Dermion may freely develop the Dermion Proposed System for a third party (which development may be pursuant to an agreement under which Dermion grants exclusive licenses to such third party).
If during the term of this Agreement Ciba makes the determination to engage a third party (other than Dermion) to develop a System for a Drug owned, licensed or manufactured by Ciba (other than a Ciba Proprietary Drug for treatment of the Specified Indication, which shall be covered by Section 3.5(a) above) (a "Ciba Proposed System"), prior to initiating discussions with such third party, Ciba shall notify Dermion in writing.
If the Dermion Proposed System relates to the delivery of a Ciba Proprietary Drug for treatment of the Specified Indication, Ciba shall have the right during the term of this Agreement to elect to have Dermion develop a Product for such Ciba Proprietary Drug for treatment of the Specified Indication for it pursuant to the Program instead of the Proposed Dermion System.
Such Ciba Field or Ciba Proprietary Drug, as the case may be, shall thereafter automatically and without further action of the parties cease to be a Ciba Field or a Ciba Proprietary Drug, as the case may be, for purposes of this Agreement.
If, at any time during the Exclusivity Period, any Ciba Field or, during the term of this Agreement, any Ciba Proprietary Drug ceases to qualify as such, Ciba shall within ninety (90) days notify Dermion in writing of such fact.