Common use of Overview of Development and Commercialization Clause in Contracts

Overview of Development and Commercialization. If NVS elects to Develop any Candidate(s) for a particular Target in accordance with the terms of this Agreement, then, subject to HMI’s performance of any Research Activities (which may include performing IND-enabling toxicology studies requested by NVS) with respect to such Target and HMI’s Manufacturing obligations under Article 8 (Manufacturing and Technology Transfer), NVS will thereafter have the sole right to conduct and be responsible for, at its cost and expense (other than HMI’s share of the Global In-Vivo [***] Development Costs), all Development and Commercialization of such Candidates and any associated Products (other than HMI’s Commercialization of In-Vivo [***] Products in the U.S.) for the remainder of the Term in accordance with the terms of this Agreement.

Overview of Development and Commercialization. If NVS elects to Develop any Candidate(s) for a particular Target in accordance with the terms of this Agreement, then, subject to HMI’s performance of any Research Activities (which may include performing IND-enabling toxicology studies requested by NVS) with respect to such Target and HMI’s Manufacturing obligations under Article 8 (Manufacturing and Technology Transfer), NVS will thereafter have the sole right to conduct and be responsible for, at its cost and expense (other than HMI’s share of the Global In-Vivo [***] SCD Development Costs), all Development and Commercialization of such Candidates and any associated Products (other than HMI’s Commercialization of In-Vivo [***] SCD Products in the U.S.) for the remainder of the Term in accordance with the terms of this Agreement.