Competing Generic Product definition

Competing Generic Product means a product that is the generic equivalent of a Licensed Product that is sold or offered for sale in the Licensed Territory.
Sample 1Sample 2
Competing Generic Product means a drug that meets all of the following criteria: (A) it is a 30mg or 60mg (as applicable) once-a-day form of nifedipine considered substitutable for Adalat LA; (B) it has been fully approved for commercial sale in oral solid-dosage form for administration in humans by the relevant Regulatory Authority(ies) and has received all required Other Governmental Approval(s) in such country; (C) it is not marketed in such country under the brand "Adalat" or "Adalat LA"; and (D) it is not marketed or co-marketed by Sanofi, any of its Affiliates, or under a license or sublicense or other arrangement from or with Sanofi or its Affiliates or sublicensees in any tier.
Sample 1
Competing Generic Product means, with respect to a Product, a product (i) having the same active pharmaceutical ingredient as the Compound, and (ii) that has been approved by applicable Regulatory Authorities for sale in the Field; provided, however, that a Competing Generic Product shall not include any product being sold or offered for sale by AstraZeneca or any AstraZeneca Affiliate.
Sample 1

Examples of Competing Generic Product in a sentence

  • This Agreement expires at the latest of (i) when the last Valid Claim in a Licensed Patent or in an Improvement, Licensee Improvement or Joint Improvement patent expires or is finally and irrevocably held to be invalid or unenforceable by an authority of competent jurisdiction and (ii) the first documented, lawful third party sale of a Competing Generic Product in the PRC or Hong Kong, unless terminated earlier as provided herein or unless extended by mutual written agreement.

  • The obligation to pay royalties continues until the later of (i) at least one unexpired Valid Claim covers any Licensed Product that is generating any Net Profits and (ii) no Valid Claim covers any of the Licensed Product that is generating any Net Profits, but no Competing Generic Product has been sold in the PRC or Hong Kong.


More Definitions of Competing Generic Product

Competing Generic Product means with respect to a Product, Additional Product or Contingent Oryx Product, any generic pharmaceutical product in respect of which the TPD has issued an NOC based upon an Abbreviated New Drug Submission that references the Product, Additional Product or Contingent Oryx Product, as the case may be;
Sample 1
Competing Generic Product means, with respect to the Contractual Rights, any product containing mazindol as active ingredient indicated for the treatment of Attention Deficit Hyperactivity Disorders, or ADHD, commercialized in any of the territories covered by the use patent of mazindol for ADHD included in the Contractual Rights For the avoidance of doubt, the sole proprietorship in the Contractual Right shall still have transferred from Assignee to Assignor in their entirety.
Sample 1
Competing Generic Product means, with respect to a given Product and a given country in the Territory, a product sold by a Third Party in such country, other than as a Sublicensee of Lilly or its Affiliates under this Agreement, that (x) receives Marketing Authorization as a generic, follow-on, hybrid, biosimilar, or interchangeable product of such Product from the applicable Regulatory Authority in such country by referencing the IND (or data therein) for the Product or (y) which is approved under an abbreviated pathway under the Biologics Price Competition Innovation Act of 2009 or similar legislation in the relevant country.
Sample 1
Competing Generic Product means, with respect to a given Product and a given country in the Territory, a product sold by a Third Party in such country, other than as a Sublicensee of the applicable Party or its Affiliates under this Agreement, where (a) such Third Party did not purchase or acquire such product in a chain of distribution that included such applicable Party or its Affiliates or Sublicensees, (b) such product received Marketing Authorization from the applicable Regulatory Authority in such country pursuant to an expedited or abbreviated approval process in accordance with the then-current rules and regulations in such country as a generic, follow-on, hybrid, biosimilar, or interchangeable product of such Product by referencing the Product as the “reference listed product” or similar designation in such country, and (c) such Marketing Authorization referred to or relied on the Marketing Authorization of such Product.
Sample 1

Related to Competing Generic Product

  • Competing Product means [***].

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • Competing Products means any product or service in existence or under development that competes with any product or service of the Company Group about which the Participant obtained Confidential Information or for which the Participant provided advisory services or had sales, origination, marketing, production, distribution, research or development responsibilities in the last twenty-four (24) months of employment with the Company Group.

  • Competitive Product means a product or service, made or provided by a Competitor, which is the same as or is directly competitive with one with respect to which the Employee acquired confidential information relating to the Company, or its business, products or services by reason of the Employee's work with the Company.

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Licensed Product means any pharmaceutical product containing a Licensed Compound (alone or with other active ingredients), in all forms, presentations, formulations and dosage forms.

  • Collaboration Product means any pharmaceutical product in finished form that contains a Collaboration Compound, either as the sole active ingredient or in combination with one or more other active ingredients, and all present and future formulations, dosages and dosage forms thereof.

  • Cannabis product means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Designated country end product means a WTO GPA country end product, a Free Trade Agreement country end product, a least developed country end product, or a Caribbean Basin country end product.

  • Covered Product The consumer product that You purchased concurrently with and is covered by this Agreement.

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Competing Product or Service means any product or service that is sold in competition with, or is being developed and that will compete with, a product or service developed, manufactured, or sold by Fiserv. For purposes of this Section 5, Competing Products or Services as to you are limited to products and/or services with respect to which you participated in the development, planning, testing, sale, marketing or evaluation on behalf of Fiserv during any part of your employment with Fiserv, or after the termination of your employment, during any part of the 24 months preceding the termination of your employment with Fiserv, or for which you supervised one or more Fiserv employees, units, divisions or departments in doing so.

  • Competitive Products shall include any product or service that directly or indirectly competes with, is substantially similar to, or serves as a reasonable substitute for, any product or service in research, development or design, or manufactured, produced, sold or distributed by the Company;

  • Combination Product means a product (a) containing a Licensed Product together with one or more other active ingredients, or (b) with one or more products, devices, pieces of equipment or components, but sold for an integrated price (e.g., with the purchase of one product the customer gets a coupon for the other) or for a single price.

  • U.S. Territory means American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, the Commonwealth of Puerto Rico, or the U.S. Virgin Islands.

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Biological product means a virus, therapeutic serum, toxin, antitoxin, vaccine, blood, blood component or derivative, allergenic product, protein other than a chemically synthesized polypeptide, or analogous product, or arsphenamine or any derivative of arsphenamine or any other trivalent organic arsenic compound, applicable to the prevention, treatment, or cure of a disease or condition of human beings.

  • Licensed Territory means worldwide.

  • Territory means worldwide.

  • Licensed Field means all fields of use.

  • Covered Products means Your Applications, Libraries, Passes, Safari Extensions, Safari Push Notifications, and/or FPS implementations developed under this Agreement.