Evaluation of New Back-up Compound Sample Clauses

Evaluation of New Back-up Compound. In the event that Sankyo decides, in its sole discretion, to test any potential New Back-up Compound discovered by Metabasis during the Discovery Period, Metabasis will promptly provide such compound to Sankyo so that Sankyo may engage in such evaluation. Sankyo will test such compound to evaluate such compound as a New Back-up Compound in a timely manner in accordance with industry standards and Sankyo's internal practices. Sankyo will have the sole right to make decisions regarding how to conduct such evaluation, but will keep Metabasis reasonably informed of the results of such evaluation and involve Metabasis in the evaluation process in a manner consistent with the parties' practices under the Restated Agreement. No later than [***] after completion of each quality control check on the results of Sankyo's evaluation of any potential New Back-up Compound, which Sankyo will perform in a timely manner consistent with Sankyo's internal practices, Sankyo will provide Metabasis with a report describing the results of the *** Confidential Treatment Requested. evaluation of such New Back-up Compound in reasonable detail. Metabasis will have the right to use for any and all purposes any data, results and other information contained in any such report. In addition, Sankyo agrees to reasonably consider requests by Metabasis for additional information generated by Sankyo in connection with the evaluation of any potential New Backup Compound pursuant to this Section 2.6 and to provide such additional information to Metabasis, with Metabasis [***], in the event that Metabasis reasonably deems such additional information to be necessary in order for it to comply with applicable legal requirements or regulatory requests. The foregoing shall not, however, be deemed to require Sankyo to preserve or maintain records or internal data as to tests or test results other than in a manner consistent with Sankyo's internal practices.
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Related to Evaluation of New Back-up Compound

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