Common use of Launch Timelines Clause in Contracts

Launch Timelines. To maximize the value of BL-1040 Ikaria intends to be ready to launch at the earliest possible opportunity. As described above, a key driver of launch readiness in any given market will be the ability to access reimbursement for BL-1040. Without appropriate reimbursement in place, attempting to launch BL-1040 would be at best un-productive, and at worst, damaging to the long-term perception of the product. Ikaria proposes to immediately undertake a battery of research and analysis to understand the market-specific reimbursement environments across major target markets. Results of this research would guide future launch plans, and help inform the timing of key investments in people and infrastructure. Development of Ikaria’s ex-US presence will occur differently throughout the world: