BII Product definition

BII Product means any pharmaceutical product developed by or on behalf of BII using the Acquired Assets.
BII Product has the meaning set forth in Section 5.1.1 (BII Products Report).
BII Product means one or more nucleic acids encoding [...***...] and all other material for inclusion in a Product-Kit with the exception of any components purchased from Genetronics or a Genetronics Affiliate.

Examples of BII Product in a sentence

  • For the avoidance of doubt, BII is permitted to suspend or stop the development of a BII Product for a period that does not exceed [***] months even as such suspension or stoppage would be a breach of BII’s obligation to use Commercially Reasonable Efforts.

  • After the Closing Date until the [***] anniversary of the Closing Date, MABVAX undertakes to BII that it shall not, and shall procure that its Affiliates shall not, directly or indirectly conduct any activity involving the research, development, commercialization or other exploitation of a [***] Program and/or any product competing with a BII Product, or fund, authorize or assist any such activity.

  • BII shall use Commercially Reasonable Efforts to advance the development of at least one (1) BII Product into a Phase I Clinical Trial.

  • During the applicable Earn-Out Period, if a BII Product sold in a country in the Territory is not covered by a Valid Claim in such country at the time of its sale, then the Earn-Out Payment for such BII Product in such country shall be reduced by [***] percent ([***]%) as determined pursuant to Section 5.4.1.

  • No multiple Earn-Out Payments shall be payable because a BII Product, its manufacture, use or sale is or shall be covered by more than one Valid Claim included in the [***] Program Patents or more than one patent under the [***] Program Patents.

  • BII shall endeavour to achieve (a) Start of Development of a BII Product within approximately [***] months after the Effective Date, and (b) Initiation of the first Phase I Clinical Trial of a BII Product approximately [***] months after the effective date of the Agreement, it being understood by the Parties these timelines are anticipated timelines only and are neither binding nor enforceable under this Agreement.

  • Milestone Event Milestone Payment Start of Development of the first BII Product [***] Initiation of first Phase I Clinical Trial [***] [***] Initiation of first Phase III Clinical Trial [***] [***] First Commercial Sale [***]in a Major Market [***] The Milestone Payment for the First Commercial Sale [***] in a Major Market shall be payable [***], for the first Calendar Year in which the First Commercial Sale milestone event is achieved [***].

  • When used in the singular, “Target Project” means either the [**] target project (including any Joint Compound or Joint Product) or the [**] target project (including any BII Compound or BII Product), as the context requires.

  • If BII elects not to defend or control the defense of the BII Product Patents in a suit brought in the Territory, or otherwise fails to initiate and maintain the defense of any such claim, suit or proceeding, then Epizyme, in consultation with the Patent Liaisons, may conduct and control the defense of any such claim, suit, or proceeding at its own expense.

  • BII, in consultation with the Patent Liaisons, shall have the sole right to defend and control the defense of the validity and enforceability of the BII Patents (other than the BII Product Patents, which are handled pursuant to Section 8.5.4 (BII Product Patents)) at its own expense in the Territory.

Related to BII Product

  • Licensed Product means any pharmaceutical product containing a Licensed Compound (alone or with other active ingredients), in all forms, presentations, formulations and dosage forms.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • Collaboration Product means any pharmaceutical product in finished form that contains a Collaboration Compound, either as the sole active ingredient or in combination with one or more other active ingredients, and all present and future formulations, dosages and dosage forms thereof.

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Licensed Compound means [***].

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • medicinal product means any substance or combination of substances presented for treating or preventing disease in human beings or animals and any substance or combination of substances which may be administered to human beings or animals with a view to making a medical diagnosis or to restoring, correcting or modifying physiological functions in humans or in animals;

  • Nicotine product means a product that contains nicotine and is not any of the following:

  • Final Product means a product that is not used in producing other products and is built and intended for use outdoors, provided the final product has not deteriorated or has otherwise become a potential source of contaminants.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Licensed Compounds means any EZH2 Compound(s) that is:

  • End product means those articles, materials, and supplies to be acquired under the contract for public use.

  • Royalty-Bearing Product means (a) any Product that is not a Co-Developed Product and (b) any Co-Developed Product to the extent sold outside of the Co-Development Territory.

  • Bulk Product means Licensed Product supplied in a form other than Finished Product which can be converted into Finished Product.