Common use of Development Updates Clause in Contracts

Development Updates. Each Party shall keep the other Party reasonably informed, through the JDC, of the status, progress, and results of all Development activities for Product, both in and outside the Licensed Field, in the Territory. Each Party shall promptly respond to reasonable requests of the other Party for additional Information with respect to such other Party’s Development activities for Product, both in and outside the Licensed Field, in the Territory.

Appears in 2 contracts

Samples: Exclusive License Agreement (Allarity Therapeutics, Inc.), Exclusive License Agreement (Allarity Therapeutics, Inc.)

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Development Updates. Each Party shall keep the other Party reasonably informed, through the JDCJSC, of the status, progress, and results of all Development activities for Product, both in and outside the Licensed Field, Products in the Territory. Each Party shall promptly respond to reasonable requests of the other Party for additional Information with respect to such other Party’s Development activities for Product, both in and outside the Licensed Field, Products in the Territory.

Appears in 1 contract

Samples: Exclusive License and Collaboration Agreement (Kindred Biosciences, Inc.)

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Development Updates. Each Party shall keep the other Party reasonably informed, through the JDCJSC, of the status, progress, and results of all Development activities for Product, both in and outside the Licensed Field, in the Territory. Each Party shall promptly respond to reasonable requests of the other Party for additional Information with respect to such other Party’s Development activities for Product, both in and outside the Licensed Field, in the Territory.

Appears in 1 contract

Samples: Exclusive License Agreement (Verrica Pharmaceuticals Inc.)

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