Common use of Cephalon Right of First Negotiation Clause in Contracts

Cephalon Right of First Negotiation. Cephalon shall have a right of first negotiation with respect to Licensed Compounds (the “Right of First Negotiation”), which is a right independent of Cephalon’s buyback rights set forth in 4.7.1 and 4.

Appears in 4 contracts

Sources: Collaboration Agreement (Ignyta, Inc.), Collaboration Agreement (Ambit Biosciences Corp), Collaboration Agreement (Ambit Biosciences Corp)