Common use of Proposed Development Candidates Clause in Contracts

Proposed Development Candidates. From time to time the Research Management Committee will propose, or either Party may propose, to the Executive Committee that further Pre-Clinical Activities be undertaken for one or more Product Configurations. Such proposal will be in writing, accompanied by a nonbinding plan and budget forecast that outlines studies and activities to be conducted through completion of Phase III for each Product Configuration recommended. The Executive Committee will promptly determine whether such Product Configuration meets criteria established by the Executive Committee for determining, on an indication-by-indication basis, which Product Configurations are suitable for consideration as Development Candidates, which criteria may be amended from time to time upon the written consent of the Parties hereto (the "Pre-Clinical Development Criteria").

Proposed Development Candidates. From time to time the ------------------------------- Research Management Committee will propose, or either Party may propose, to the Executive Committee that further Pre-Clinical Activities be undertaken for one or more Product Configurations. Such proposal will be in writing, accompanied by a nonbinding plan and budget forecast that outlines studies and activities to be conducted through completion of Phase III for each Product Configuration recommended. The Executive Committee will promptly determine whether such Product Configuration meets criteria established by the Executive Committee for determining, on an indication-by-indication basis, which Product Configurations are suitable for consideration as Development Candidates, which criteria may be amended from time to time upon the written consent of the Parties hereto (the "Pre-Clinical Development Criteria").

Proposed Development Candidates. From time to time the Research ------------------------------- Management Committee will propose, or either Party may propose, to the Executive Committee that further Pre-Clinical Activities be undertaken for one or more Product Configurations. Such proposal will be in writing, accompanied by a nonbinding plan and budget forecast that outlines studies and activities to be conducted through completion of Phase III for each Product Configuration recommended. The Executive Committee will promptly determine whether such Product Configuration meets criteria established by the Executive Committee for determining, on an indication-by-indication basis, which Product Configurations are suitable for consideration as Development Candidates, which criteria may be amended from time to time upon the written consent of the Parties hereto (the "Pre-Clinical Development Criteria").