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Common use of Development of Product Clause in Contracts

Development of Product. 3.4.1. TMC shall, subject to the obligations stated in this Article 3 and in Article 5, carry out the development work permitted hereunder within its sole discretion and at its own cost and expense. 3.4.2. TMC shall use Commercially Reasonable Efforts to develop Product up until the stage of Filing of an NDA in each country of the Territory.

Appears in 4 contracts

Samples: Option Agreement (Medicines Co /De), License Agreement (Medicines Co /De), Option Agreement (Medicines Co /De)