Commercialization definition

Commercialization or “Commercialize” means any and all activities undertaken at any time for a particular Licensed Product and that relate to the manufacturing, marketing, promoting, distributing, importing or exporting for sale, offering for sale, and selling of the Licensed Product, and interacting with Regulatory Authorities regarding the foregoing.
Commercialization means any and all activities directed to the preparation for sale of, offering for sale of or sale of a Licensed Product, including activities related to marketing, promoting, distributing and importing such Licensed Product and interacting with Regulatory Authorities regarding any of the foregoing. When used as a verb, “to Commercialize” and “Commercializing” means to engage in Commercialization and “Commercialized” has a corresponding meaning.
Commercialization or “Commercialize” shall mean activities directed to marketing, promoting, co-promoting, distributing, importing, exporting, offering for sale and selling the Product. When used as a verb, “Commercialize” means to engage in Commercialization.

Examples of Commercialization in a sentence

  • Other than as stated in this Agreement THI makes no representation or warranty and specifically disclaims any guarantee that the Commercialization of the Product in the Field of Use in the Territory will be successful, in whole or in part.

  • THI has the sole legal and/or beneficial title to and ownership of the Intellectual Property as is necessary to grant the License to Cumberland pursuant to this Agreement for Joint Commercialization by Cumberland as intended by this Agreement, and the Intellectual Property are free and clear of any liens, encumbrances or third-party rights (including without limitation, the right to receive royalties or other compensation).

  • Furthermore, THI undertakes that to the extent that Cumberland, its Affiliates, or any Sublicensee requires a license under any additional patents or related intellectual property rights controlled by THI for the Commercialization of the Product in the Territory, THI shall grant such license to Cumberland, its Affiliates, and any Sublicensee on a non-exclusive royalty-free basis.

  • Cumberland further represents, warrants, and covenants to THI that Cumberland and Cumberland Indemnitees, contractors and vendors will conduct any and all activities, including any Commercialization activities, under this Agreement in compliance with applicable laws using commercially reasonable efforts and in accordance with the terms of this Agreement.

  • Within thirty (30) days following the Effective Date, the Parties shall establish a joint (50/50) Commercialization committee (“Committee”).


More Definitions of Commercialization

Commercialization means the marketing, promotion, sale (and offer for sale or contract to sell), distribution, importation or other commercial exploitation (including pricing and reimbursement activities) for a Product in the Territory. Commercialization shall include commercial activities conducted in preparation for Product launch.
Commercialization means activities directed to using, marketing, advertising, promoting, exploiting, distributing, importing, selling, offering for sale and/or disposing of a product.
Commercialization means any and all activities directed to marketing, promoting, distributing, importing, exporting, using, offering to sell, selling or having sold a product, including activities related to the commercial manufacture, marketing, promotion, sale or distribution of a product in the Territory, and, for purposes of setting forth the rights and obligations of the Parties under this Agreement, shall be deemed to include conducting Medical Affairs Activities. Commercialization shall include commercial activities conducted in preparation for a product launch. “Commercialize” has a correlative meaning.
Commercialization means any and all activities using, constituting, importing, marketing, distributing, offering for sale and selling Licensed Products in the Field in the Territory following or in expectation of receipt of Regulatory Approval (but excluding Development) and shall include Promotion as well as activities required to fulfill ongoing regulatory obligations, including adverse event reporting but excluding any Post-Approval Clinical Trials. When used as a verb, “Commercialize” means to engage in Commercialization.
Commercialization means all activities directed to marketing, promoting, distributing, detailing or selling a Product (as well as importing and exporting activities in connection therewith), including the commercial manufacture of Licensed Compounds and Products.
Commercialization means the transition from research to the actions necessary to achieve market entry and general market competitiveness of new innovative technologies, processes, and products and the services that support, assist, equip, finance, or promote a person or an entity with that transition.
Commercialization means any and all activities involved in Commercializing.