Common use of Control over development of PPD Products Clause in Contracts

Control over development of PPD Products. Following the effectiveness of the PPD License, PPD shall have the right, at its sole discretion and expense, to develop and commercialize such elected Compound. PPD shall be free to select Affiliates, licensees and subcontractors, in its sole discretion, to develop and commercialize PPD Products for such elected Compound, provided however, that PPD shall be liable for all of its obligations under this Article. PPD shall also provide TSD with the same indemnification protection as TSD affords to PPD pursuant to this Agreement for Products.

Appears in 4 contracts

Samples: Buy Back Agreement, Confidentiality Agreement (Furiex Pharmaceuticals, Inc.), Confidentiality Agreement (Furiex Pharmaceuticals, Inc.)

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