Collaboration Product definition

Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

Collaboration Product means any product that comprises or contains or is developed or manufactured based on a Licensed Compound.

Collaboration Product means any product that contains one or more Discovered RNAi Compound(s) as active ingredient(s).

Examples of Collaboration Product in a sentence

• Upon the JSC Disbandment, Novartis shall provide Schrӧdinger with [**] reports describing Novartis’ ongoing research and Development activities and efforts for the Collaboration Compounds until the first occurrence of the First Commercial Sale of a Collaboration Product in accordance with Section 4.3 (Development Reports), upon which Novartis shall provide quarterly royalty reports to Schrӧdinger in accordance with Section 8.6 (Royalty Payments and Reports).

• The royalty payable with respect to each particular Collaboration Product shall be based on the level of total annual Net Sales of such Collaboration Product in the Territory in a given Calendar Year by Novartis, its Sublicensees and their Affiliates, with the royalty rates tiered based upon the level of such total annual Net Sales of such Collaboration Product in the Territory in such Calendar Year.

• Novartis may elect, in its sole discretion, to terminate this Agreement, in its entirety or on a Collaboration Target-by-Collaboration Target basis, upon five (5) Business Days’ prior written notice to Schrödinger if Novartis determines in good faith that a Safety Concern exists with respect to a Collaboration Product Directed Against such Collaboration Target and that it is not advisable for Novartis to continue to Develop or Commercialize such Collaboration Product due to such Safety Concern.

• By way of example, if the total annual Net Sales of a Collaboration Product are [**] Dollars ($[**]), the amount of royalties payable hereunder shall be calculated as follows (subject to any applicable reductions under Section 8.5(c) (Royalty Reductions)): [**].

• Without limiting the foregoing, Schrӧdinger covenants that it will not seek Patent term extensions, supplemental protection certificates, or similar rights or extensions for the Product Specific Patents or Joint Patents, or any Patent with respect to any Collaboration Compound or Collaboration Product, without the prior written consent of Novartis.

More Definitions of Collaboration Product

Collaboration Product shall have the meaning ascribed thereto in the Collaboration Agreement.

Collaboration Product means any Antibody Product that contains a Collaboration Antibody.

Collaboration Product means, on a country-by-country basis, any product comprising or containing any Collaboration Compound, alone or in combination with one or more other active ingredients in any and all forms, in current and future formulations, indications, dosage forms, strengths and delivery modes, including any improvements thereto.

Collaboration Product means a Product Configuration developed in the Research Program intended for use in the Field which the Steering Committee has designated as such pursuant to Section 2.4.

Collaboration Product means, on a Program-by-Program basis, any product that constitutes, incorporates, comprises or contains a Collaboration Candidate from such Program, whether or not as the sole active ingredient, and in all forms, presentations, and formulations (including manner of delivery and dosage). For clarity, different forms, formulations, presentations or dosage strengths of a given Collaboration Product that constitute, incorporate, comprise or contain the same Collaboration Candidate shall be considered the same Collaboration Product for purposes of this Agreement.

Collaboration Product means (a) a Lead Product that is designated as a “Collaboration Product” pursuant to Section 3.2, or (b) a Compound that is designated as a “Collaboration Product” pursuant to Section 6.1(a).

Collaboration Product means any Split Territory Collaboration Product or SMA Collaboration Product; provided, however, that once an Option is exercised for a Collaboration Program, any Collaboration Product generated by or that is the subject of such Collaboration Program shall become a Licensed Product and shall no longer be a Collaboration Product.