Examples of Licensed Compound in a sentence
Within [*] of the Effective Date (or within such time-period as mutually extended by the Parties), the Parties will negotiate and agree in good faith the terms of a manufacturing and supply agreement covering supplies by or on behalf of Sutro to Ipsen in the Territory of the CFE in quantities sufficient to cover the supply requirement of Ipsen relating to the Licensed Compound necessary to manufacture the Licensed Product during the Term (the “CFE Supply Agreement”).
Sutro shall have no right to publish Technical Publications directed to the Licensed Compound or the Licensed Product, except to make a statement in which Sutro’s role in the identification and early development of the Licensed Compound is described; provided that such restriction shall not preclude Sutro from publishing any Technical Publication merely because it generally references ADCs, ADC2s or products that may be produced using Sutro Manufacturing IP, Sutro Technology or CFE Technology.
Ipsen will conduct all such Development, Regulatory Approval, Manufacturing, Commercialization, or other exploitation activities of any Licensed Compound or Licensed Product in a professional and ethical business manner and in compliance with Applicable Law.
The Initial Development Plan is attached hereto as Schedule 4.2. An updated annual development plan with respect to the Licensed Compound and Licensed Product (“Updated Development Plan”) will be delivered by Ipsen to Sutro for the subsequent Calendar Year [*] of each Calendar Year until such time as the Licensed Product has received first Regulatory Approval in the first of the United States or one of the Major European Market.
Ipsen desires to license from Sutro and Sutro wishes to license to Ipsen, on an exclusive basis, the right to research, develop, manufacture and commercialize the Licensed Compound and Licensed Product in the Field in the Territory.