Common use of ISTs - General Clause in Contracts

ISTs - General. Subject to the exceptions below, each Party is responsible for, at its expense, ISTs in its respective territory. The Parties shall review and discuss, through a joint medical affairs team or other mutually agreed process, each new proposal for an IST that a Party would like to support, and consider in good faith inputs or comments from the other Party. Each Party may then proceed with the IST subject to the other Party’s veto right in Sections 5.6 and 5.7.2.

Appears in 5 contracts

Samples: License Agreement, License Agreement (Ariad Pharmaceuticals Inc), License Agreement (Incyte Corp)

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