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

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

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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

Samples: Funding and Option Agreement (Neorx Corp)

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