PPD Election to Develop PPD Products. PPD may elect to exercise PPD Option #1 or PPD Option #2 by providing TSD with written notice indicating the Compound(s) from among SYR110322, SYR110619, [*] which PPD desires to develop and commercialize. The Parties agree to make an appropriate filing with the Federal Trade Commission under the HSR Act, if necessary, as soon as practicable upon the receipt by TSD of an election by PPD under this Section 12.3, and shall use their best efforts to expedite such filing. The Parties will share equally the HSR Act filing fee and will request early termination of the waiting period.
Appears in 4 contracts
Samples: Buy Back Agreement, Confidentiality Agreement (Furiex Pharmaceuticals, Inc.), Confidentiality Agreement (Furiex Pharmaceuticals, Inc.)
