Examples of Exclusive Indication in a sentence
Licensee may exercise its Exclusive Indication Option to add any number of the Exclusive Option Indications during the Exclusive Option Period by providing written notice to Licensor, and may add one or more of the Exclusive Option Indications at different times during such period.
For clarity, BMS shall not have the right to add an Exclusive Indication after the Replacement Period.
If the proposed Exclusive Indication is not a Non-Exclusive Indication and there is a scientific rationale and therapeutic applicability for such indication, it will become an Exclusive Indication, and BMS will promptly thereafter provide an updated Development Plan including Development activities for such Exclusive Indication to the JSC.
Within [****] days of the Astellas’ decision to file an IND with respect to a particular Product for an Exclusive Indication, Astellas shall prepare a plan for Development activities for such Product for the period through the end of the next full Fiscal Year, consistent with the applicable diligence requirements stated in this Agreement and to further the goals described in Section 4.2.1 and submit such plan to the JSC for review and comment.
Astellas shall use Diligent Efforts to conduct a program to Develop Products for Exclusive Indication, at its sole expense, throughout the * Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission.
Within [***] of Licensee’s receipt of such budget and work plan, Licensee shall decide whether to proceed with the exercise of such Exclusive Indication Option.
Within [***] following notice of the exercise of such Exclusive Indication Option, the Licensor will develop and propose a work plan and budget for the preclinical and development costs through IND-enabling studies to be conducted at Licensor for a Licensed Product for such Exclusive Option Indication(s) to supplement any previously conducted research under a Research Program SRA.
Payable for each Exclusive Indication; provided that, in the event that no Exclusive Indications have been elected, the following shall be payable for the first [***] non-exclusive indications.
Unless otherwise agreed or required by applicable Law, all Regulatory Filings and approvals to the extent solely related to an Exclusive Indication shall be held in the name of Astellas or its designee.
Once designated pursuant to this Attachment I, the Exclusive Indication will constitute a portion of the Exclusive Field.