Competing Pharma Change of Control definition

Competing Pharma Change of Control means a Change of Control in which a company or group of companies acting in concert (a) for which the collective worldwide sales of ethical pharmaceutical products in the Calendar Year that preceded the Change of Control were one billion United States dollars (US$1,000,000,000) or more, or (b) which has a research, development or commercialization program for any preparation or product that may be used for the treatment of an Initial Indication, or any other preparation or product that is reasonably considered to be competitive with any Cue Biologic, Compound or Product, is the acquirer (by asset purchase, merger, consolidation, reorganization or otherwise) as part of such Change of Control.
Competing Pharma Change of Control means a Change of Control involving a Person or group of Persons acting in concert (a) with annual worldwide sales of human pharmaceutical, Vaccine and/or biological products greater than [***], (b) that sell human pharmaceutical, Vaccine and/or biological products where such Person or group of Persons have a market capitalization greater [***]) or (c) having an active clinical development or commercialization program for any Vaccine within a Field.
Competing Pharma Change of Control means a Change of Control of NGM (or any Affiliate of NGM that Controls any of the NGM IP or other assets required for the Collaboration (including Collaboration Technology)) in which a company or group of companies acting in concert, for whom collective worldwide sales of [***] in the Calendar Year that preceded the Change of Control were [***], is the Acquiror as part of such Change of Control.

Examples of Competing Pharma Change of Control in a sentence

  • In the event of a Competing Pharma Change of Control involving Xxxxx, Merck’s obligation to provide reports pursuant to this sub-paragraph (f) shall be limited to providing a report of the Royalty due on a worldwide basis.


More Definitions of Competing Pharma Change of Control

Competing Pharma Change of Control means a Change of Control in which a company or group of companies acting in concert (a) for whom aggregate worldwide sales of [ * ] in the Calendar Year that preceded the Change of Control were [ * ], or (b) [ * ].
Competing Pharma Change of Control means a Change of Control involving a Competitive Entity.
Competing Pharma Change of Control means a change of control in which a company or group of companies acting in concert to acquire the Company as of immediately prior to such change of control of the Company [***].
Competing Pharma Change of Control means a Change of Control in which a company or group of companies acting in concert (a) for whom collective worldwide sales of ethical pharmaceutical products in the Calendar Year that preceded the Change of Control were * dollars ($*) or more, or (b) have (by itself, through an Affiliate or by contract with a Third Party) a research, development or commercialization program relating to *, is the acquirer (by asset purchase, merger, consolidation, reorganization or otherwise) as part of such Change of Control.
Competing Pharma Change of Control means a Change of Control involving a
Competing Pharma Change of Control means a Change of Control involving a Person or group of Persons acting in concert (a) with annual worldwide sales of human pharmaceutical, vaccine and/or biological products greater than [**] Dollars ($[**]) or (b) having a market capitalization greater than [**] U.S. Dollars ($[**]) or (c) having an active clinical development or commercialization program for any prophylactic and/or therapeutic Vaccine for the prevention and/or treatment of Alzheimer's Disease, any type of cancer and/or any disease within the Infectious Disease Field.
Competing Pharma Change of Control means a Change of Control in which a company or group of companies acting in concert (other than the Parties and their respective Affiliates) (a) for which the collective worldwide sales of ethical pharmaceutical products in the Calendar Year that preceded the Change of Control were [* * *] United States dollars (US$[* * *]) or more, or (b) which has a research, development or commercialization program for a product which would compete with a Product, is the acquirer (by asset or business purchase) or becomes the controlling equity holder of the surviving entity (as a result of a merger, consolidation or reorganization), as the case may be, as part of or as a result of such Change of Control. Notwithstanding anything to the contrary in this Agreement, in the event that Biogen Idec Therapeutics Inc. or any of its Affiliates (as defined in the Joint Venture Agreement dated December 6, 2011 between Samsung BioLogics Co., Ltd. and Biogen Idec Therapeutics Inc.) comes to collectively own, control or hold fifty percent (50%) or more of the total issued and outstanding voting securities or other ownership interests of Samsung, whether directly or indirectly (the “Biogen Change of Control of Samsung”), and at such time Biogen Idec Therapeutics Inc. and/or any of such Affiliates (individually or collectively) meet the criteria set forth in (a) or (b) hereinabove, the Biogen Change of Control of Samsung shall constitute a Competing Pharma Change of Control.