Common use of Events and Clinical Studies Clause in Contracts

Events and Clinical Studies. Shire shall not have any obligation to conduct clinical or non-clinical trials on the Shire Product, or initiate or participate in symposia, seminars, technical or scientific exhibits or other professional events with respect to the Shire Product; provided, however that Shire may in its sole discretion conduct any clinical or non-clinical trials it deems necessary or appropriate with respect to the Shire Product. Notwithstanding the foregoing, the Parties understand and agree that Impax shall not have any right to conduct clinical or non-clinical trials on the Shire Product, or without Shire’s consent, which consent shall not be unreasonably withheld, delayed or conditioned, initiate or participate in symposia, seminars, technical or scientific exhibits or other professional events with respect to the Shire Product.