Common use of Information Regarding Development Activities Clause in Contracts

Information Regarding Development Activities. Each Party shall maintain records, in sufficient detail and in good scientific manner appropriate for patent and regulatory purposes, which shall fully and properly reflect all work done and results achieved by or on behalf of such Party in the performance of its development activities under this Agreement. Each Party shall keep the Joint Steering Committee appropriately informed of the status of its clinical development program and other activities conducted under the Xxxxxx Xxxxxxx Development Plan, the Palatin Development Plan and the other provisions of this Agreement, as applicable, and its other development activities with respect to the Product in the Field. Without limiting the foregoing, each Party shall, on a *** basis (or, if sooner, promptly upon request by the Joint Steering Committee), provide the Joint Steering Committee with summaries of data and results and all supporting data and results generated or obtained in the course of such Party’s performance of studies and activities under the Xxxxxx Xxxxxxx Development Plan and the Palatin Development Plan, and the other provisions of this Agreement, as applicable. Each Party shares any Information with the other Party on request. Upon reasonable prior written notice, each Party shall have the right to inspect records and notebooks reflecting the work done and results achieved by or on behalf of the other Party in the performance of its development activities with respect to the Product in the Field pursuant to either the Xxxxxx Xxxxxxx Development Plan or the Palatin Development Plan and the other provisions of this Agreement, as applicable. The Parties may use information exchanged pursuant to this Section 4.3.3 for any purpose in connection with the Development and Commercialization of Products in the Field in the Territory (in the case of Xxxxxx Xxxxxxx) and outside the Field in the Territory and outside the Territory (in the case of Palatin).

Information Regarding Development Activities. Each Party shall maintain records, in sufficient detail and in good scientific manner appropriate for patent and regulatory purposes, which shall fully and properly reflect all work done and results achieved by or on behalf of such Party in the performance of its development activities under this Agreement. Each Party shall keep the Joint Steering Development Committee appropriately informed of the status of its clinical development program and preclinical studies and other activities conducted under the Xxxxxx Xxxxxxx Development Plan, the Palatin Development Plan and the other provisions of this Agreement, as applicable, and its other development activities with respect to the Product in the FieldField conducted under the Development Plans and BLS shall keep ACADIA informed of such studies and activities during any period that ACADIA has withdrawn from the Development Committees pursuant to Section 3.2(b). Without Upon request by the Development Committee, without limiting the foregoing, each Party shall, on a *** basis (or, if sooner, shall promptly upon request by the Joint Steering Committee), provide the Joint Steering Development Committee with summaries of data and results and and, if requested by the Development Committee, all supporting data and results generated or obtained in the course of such Party’s performance of studies and activities under the Xxxxxx Xxxxxxx Development Plan Plans. In addition, BLS shall keep ACADIA informed of studies and activities conducted for obtaining Marketing Approval of Product in the Palatin Development PlanField in Canada, and, upon request by ACADIA, without limiting the foregoing, BLS shall promptly provide ACADIA with summaries of data and results generated or obtained in the other provisions course of this AgreementBLS’s performance of such studies and activities. For clarity, as applicable. Each Party shares any Information with the other Party on requestforegoing provision shall not limit ACADIA’s right to receive data pursuant to Section 4.7(g). Upon reasonable prior written notice, each Party BLS shall have the right to inspect records and notebooks reflecting the work done and results achieved by or on behalf of the other Party ACADIA or its Affiliates in the performance of its ACADIA’s development activities with respect to the Pimavanserin and Product in the Field pursuant to either the Xxxxxx Xxxxxxx Development Plan or the Palatin Development Plan and the other provisions of this Agreement, as applicable. The Parties may use information exchanged pursuant to this Section 4.3.3 for any purpose in connection with the Development and Commercialization of Products in the Field in the Territory (in the case of Xxxxxx Xxxxxxx) and outside the Field in the Territory and outside the Territory (in the case of Palatin)Plans.