Common use of Research Tool Clause in Contracts

Research Tool. The term “Research Tool” shall mean any Technology which is designed or utilized for basic research purposes or internal drug discovery purposes and which is not utilized to produce, or incorporated into, a product.

Appears in 9 contracts

Sources: Research Funding and Option Agreement (Xenetic Biosciences, Inc.), Research Funding and Option Agreement (Vividion Therapeutics, Inc.), Research Funding and Option Agreement (Vividion Therapeutics, Inc.)

Research Tool. The term “Research Tool” shall mean any Technology which is designed composition of matter, method, device, or improvement thereon utilized for basic research purposes or internal drug discovery purposes and which is not utilized to produce, by a party other than Licensee or incorporated into, a product.an Affiliate; and

Appears in 3 contracts

Sources: License Agreement (Ambrx Biopharma Inc.), License Agreement (Ambrx Biopharma Inc.), License Agreement (Ambrx Inc)

Research Tool. The term Term “Research Tool” shall mean any Technology which is designed or utilized for basic research purposes or internal drug discovery purposes and which is not utilized to produceproduce a Product or incorporated into a Product, or incorporated into, utilized in the performance of a productProcess or Service.

Appears in 1 contract

Sources: Research Funding and Option Agreement (Neorx Corp)