Common use of Objectives for Commercialization of Collaboration Products Clause in Contracts

Objectives for Commercialization of Collaboration Products. The Parties shall collaborate in Commercializing each Collaboration Product in accordance with the relevant Commercialization Plan with the objective of achieving the commercial potential of the Collaboration Product and sharing equally in (a) all Joint Development Costs and Commercialization Expenses and (b) any Collaboration Product Profit.

Appears in 5 contracts

Samples: License and Collaboration Agreement (Seagen Inc.), License and Collaboration Agreement (Genmab a/S), License and Collaboration Agreement (Genmab a/S)

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