Diagnostics Business definition

Diagnostics Business means the human blood and blood products diagnostics business (and certain related activities) sold by Novartis Vaccines and Diagnostics Inc. and its affiliates to G-C Diagnostics Corp. pursuant to a share and asset purchase agreement dated 10 November 2013;

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Diagnostics Business means the specimen collection and diagnostic services businesses carried on in Ontario and Quebec directly by MDS and the Operators consisting of the provision of clinical laboratory testing for physicians, hospitals, non-hospital health care institutions, employers or insurance companies, management of hospital laboratories and other support services for clinical diagnostics and the AutoLabs Business as well as the US Support Service Assets but excluding, for avoidance of doubt, the businesses carried on by any Person in which MDS does not directly or indirectly have a greater than 50% interest;

Diagnostics Business means the business of:

Examples of Diagnostics Business in a sentence

• MDS, Buyer and any Designated Buyer Affiliate will co-operate with one another in the conduct of any Tax audit or similar proceedings involving or otherwise relating to the Diagnostics Business (or the income therefrom or assets thereof).

• Buyer will develop and implement a long-term performance based incentive plan or other compensation scheme to be effective on or about January 1, 2007, for senior management of the Diagnostics Business in recognition that Buyer is not able to offer a stock option or stock purchase plan.

• To the knowledge of MDS, no material work stoppage or other material labour dispute in respect of the Diagnostics Business is pending or threatened.

• To the knowledge of MDS, there are no material proceedings or investigations in progress or threatened relating to environmental matters in respect of the Diagnostics Business, the Real Property or the Leased Premises.

• MDS, each Operator and, to the knowledge of MDS, each Non-Controlled Operator has operated that part of the Diagnostics Business presently operated by it and currently operates such Diagnostics Business in compliance with all Applicable Laws in all material respects.

• There is no Order outstanding against MDS or any Operator that affects the Diagnostics Business or any of the Purchased Assets except those that would not have a Material Adverse Effect.

• MDS shall, at the expense and reasonable request of Buyer, diligently enforce any and all rights and remedies available to it under the terms of the Other Confidentiality Agreements in respect of confidential information of the Diagnostics Business purchased by Buyer hereunder including by injunction or specific performance.

• Licensees shall use the MDS Marks only in connection with the Diagnostics Business and only in the Territory.

• All Hazardous Materials used in whole or in part by MDS or any Operator in connection with the Diagnostics Business or resulting from the Diagnostics Business have been disposed of, treated and stored by such Person in material compliance with all Environmental Laws except for any non-compliance that has not had and would not reasonably be expected to have any Material Adverse Effect.

• Except as set forth in Section 4.1.30 of the Disclosure Letter, neither MDS nor any Operator has received any written complaint or notice of any complaint, breach or violation of any Privacy Law in respect of the Diagnostics Business carried on by it which has had a Material Adverse Effect.

More Definitions of Diagnostics Business

Diagnostics Business means the specimen collection and diagnostic services businesses carried on, prior to the date hereof, by Licensor and the BC Operators, the Operators and the Non-Controlled Operators as defined in both of the Purchase Agreements and after Closing by Licensees and their Sub-Licensees, consisting of the provision of clinical laboratory testing for physicians, hospitals, non-hospital health care institutions, employers or insurance companies, management of hospital laboratories and other support services for clinical diagnostics and the Auto Labs Business;

Diagnostics Business means the business of the Sellers operated primarily in the facilities located in Stamford, Connecticut and not in any of Sellers’ facilities outside of the United States, immediately prior to the Execution Date, which business consists of the sale of certain products, including Elucigene™ and LifeMatch™ and RFLP Products, the provision of HLA typing for organ transplant matching and phlebotomy/private drive services necessary to support such HLA typing and excludes any portion of such business that involves the sale of products or the provision of services to DKMS.

Diagnostics Business means the business of the Seller operated primarily at the Property located in Abingdon, U.K. and not outside of the Sellers’ facilities outside of the U.K., immediately prior to Closing, which consists of the sale of certain products, including Elucigene™ and RFLP Products, and customized testing services for inherited diseases currently provided to the Dor Yeshorim organization based in New York and excludes any portion of such business that involves the sale of products or the provision of services to DKMS;

Diagnostics Business means either or both of the Seller Parties' businesses of identifying, developing, producing, clinically testing, manufacturing and marketing Diagnostics Products and related services.

Diagnostics Business means collectively, the divisions of the Company dedicated to human clinical diagnostics and therapeutics, and to providing related services.