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 the clinical development program and other activities with respect the Licensed Product in the Field conducted under the Development Plan and other development activities under or pursuant to Sections 4.2 and 4.3. Upon request by the Joint Steering Committee, without limiting the foregoing, each Party shall promptly provide the Joint Steering Committee with summaries of data and results and, if requested by the Joint Steering Committee, all supporting data and results generated or obtained in the course of such Party’s performance of studies and activities under the Development Plan. 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 or its Affiliates in the performance of its development activities with respect to the Licensed Product in the Field pursuant to the Development Plan.

Appears in 3 contracts

Samples: Collaboration and License Agreement, Collaboration and License Agreement (Acelrx Pharmaceuticals Inc), Collaboration and License Agreement (Acelrx Pharmaceuticals Inc)

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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 Collaboration Committee appropriately informed of the status of the clinical development program and preclinical studies and other activities with respect the Licensed to Product in the Field conducted under the Development Plan and other development activities under or pursuant to Sections 4.2 and 4.3Plans. Upon request by the Joint Steering Collaboration Committee, without limiting the foregoing, each Party shall promptly provide the Joint Steering Collaboration Committee with summaries of data and results and, if requested by the Joint Steering Collaboration Committee, all supporting data and results generated or obtained in the course of such Party’s performance of studies and activities under the Development PlanPlans. 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 or its Affiliates in the performance of its development activities with respect to the Licensed Device and Product in the Field pursuant to the Development PlanPlans.

Appears in 1 contract

Samples: Collaboration and License Agreement (Alexza Pharmaceuticals Inc.)

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