Common use of Lilly Patent Rights Clause in Contracts

Lilly Patent Rights. Lilly, at Lilly’s expense, shall have the sole right to control the preparation, filing, prosecution and maintenance of Lilly’s Patent Rights using patent counsel of Lilly’s choice. Without limiting the foregoing, Lilly shall have the sole right (but not the obligation) to control the preparation, filing, prosecution and maintenance of Patent Rights claiming Product IP (including any Program Results), including therapeutic methods, pharmaceutical compositions, methods of manufacture, product by process, and also including the genetic sequence of the Project Antibody(ies) (including Hits or Leads), Candidate Antibodies, and Products.

Lilly Patent Rights. Lilly, at Lilly’s expense, Lilly shall have the sole right (but not the obligation) to control the preparation, filing, prosecution enforcement and maintenance defense of Lilly’s Patent Rights using patent counsel of Lilly’s choiceRights. Without limiting the foregoing, Lilly shall have the sole right (but not the obligation) to control the preparation, filing, prosecution enforcement and maintenance defense of Patent Rights claiming Product IP (including any Program Results), including therapeutic methods, pharmaceutical compositions, methods of manufacture, product by process, and also including the genetic sequence of the Project Antibody(ies) Antibodies (including Hits or and Leads), Candidate Antibodies, COVID-19 Antibodies and Products.