Opt-In for Incremental Study in a Non-Oncology Indication Sample Clauses

Opt-In for Incremental Study in a Non-Oncology Indication. If the Non-Conducting Party with respect to such Incremental Study in a Non-Oncology Indication is considering exercising its Opt-In Right with respect to such Incremental Study, it shall, no later than [ * ] after the Opt-In Option Date, notify the Conducting Party in writing and shall request that the Conducting Party provide: (1) an Opt-In Estimate for such Incremental Study; and (2) a proposal to amend the Development Plan to convert such Incremental Study to an Additional Study, which amendment shall address the items specified in Section 4.4(c)(v)(A)(2), to the extent applicable to such Incremental Study. The Conducting Party shall provide such estimate and proposal, together with reasonable documentation of the Conducting Party’s already incurred costs, within [ * ] after such notice (or such longer period of time as agreed upon in writing by the Parties). The Conducting Party shall promptly answer all reasonable questions posed by, and provide all additional documents reasonably requested by, the Non-Conducting Party with respect to the Opt-In Estimate. The JDC shall discuss such proposed amendment to the Development Plan at its next meeting, whether regularly scheduled or specifically requested under Section 3.2(c). The Conducting Party shall provide, within [ * ] after such JDC meeting (or such longer period of time as agreed upon in writing by the Parties), any additional information reasonably requested by the Non-Conducting Party’s JDC [ * ] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. representatives prior to or during such JDC meeting. If the JDC submits to the JSC for review and approval an amendment to the Development Plan to convert such Incremental Study to an Additional Study, which amendment addresses the items specified in Section 4.4(c)(v)(A)(2), to the extent applicable to such Incremental Study, then prior to the first JSC meeting at which such proposed amendment would be discussed, the Conducting Party’s representatives to the JSC shall submit to the JSC, for its review and approval, a good faith, commercially reasonable (given the facts and circumstances at the time) proposal for milestone payments to be paid upon the events specified in Section 4.4(c)(v)(A)(3). If within [ * ] after the JDC’s submission of an amendment to the Development Plan to convert such Increme...
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Related to Opt-In for Incremental Study in a Non-Oncology Indication

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  • Clinical Trials The studies, tests and preclinical and clinical trials conducted by or on behalf of, or sponsored by, the Company, or in which the Company has participated, that are described in the Registration Statement, the Time of Sale Disclosure Package or the Prospectus, or the results of which are referred to in the Registration Statement, the Time of Sale Disclosure Package or the Prospectus, were and, if still pending, are being conducted in all material respects in accordance with protocols, procedures and controls pursuant to, where applicable, accepted professional and scientific standards for products or product candidates comparable to those being developed by the Company and all applicable statutes, rules and regulations of the FDA, the EMEA, Health Canada and other comparable drug and medical device (including diagnostic product) regulatory agencies outside of the United States to which they are subject; the descriptions of the results of such studies, tests and trials contained in the Registration Statement, the Time of Sale Disclosure Package or the Prospectus do not contain any misstatement of a material fact or omit a material fact necessary to make such statements not misleading; the Company has no knowledge of any studies, tests or trials not described in the Disclosure Package and the Prospectus the results of which reasonably call into question in any material respect the results of the studies, tests and trials described in the Registration Statement, the Time of Sale Disclosure Package or Prospectus; and the Company has not received any notices or other correspondence from the FDA, EMEA, Health Canada or any other foreign, state or local governmental body exercising comparable authority or any Institutional Review Board or comparable authority requiring or threatening the termination, suspension or material modification of any studies, tests or preclinical or clinical trials conducted by or on behalf of, or sponsored by, the Company or in which the Company has participated, and, to the Company’s knowledge, there are no reasonable grounds for the same. Except as disclosed in the Registration Statement, the Time of Sale Disclosure Package and the Prospectus, there has not been any violation of law or regulation by the Company in its respective product development efforts, submissions or reports to any regulatory authority that could reasonably be expected to require investigation, corrective action or enforcement action.

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