Common use of PRODUCT CANDIDATE SELECTION Clause in Contracts

PRODUCT CANDIDATE SELECTION. (a) From time to time during the term of this Agreement, Allergan shall present ASTI with Product Candidates recommended by Allergan for research and development as ASTI Products, together with preliminary lifetime plans that provide, for each such Product Candidate, an estimate of the total Research and Development Costs for the Product Research and Development Program for such Product Candidate through FDA review for clearance to market the resulting product, milestones (including the timetable for the development of the resulting product), detailed Work Plans for the first proposed stage of the Product Research and Development Program and any other factors that Allergan deems appropriate to determine whether to recommend the Product Candidate for research and development.

PRODUCT CANDIDATE SELECTION. (aA) From time to time during the term of this Agreement, Allergan shall present ASTI with Product Candidates recommended by Allergan for research and development as ASTI Products, together with preliminary lifetime plans that provide, for each such Product Candidate, an estimate of the total Research and Development Costs for the Product Research and Development Program for such Product Candidate through FDA review for clearance to market the resulting product, milestones (including the timetable for the development of the resulting product), detailed Work Plans for the first proposed stage of the Product Research and Development Program and any other factors that Allergan deems appropriate to determine whether to recommend the Product Candidate for research and development.