Examples of Exclusive Target in a sentence
Akcea and Novartis are subject to certain restrictive covenants under Section 4.1.1 or Section 4.1.2; however, the Parties acknowledge and agree that each Party (on its own or with a Third Party) may continue to research, Develop and Commercialize any therapeutic compound that is designed to directly modulate a gene that is not an Exclusive Target for any Indication, even if such therapeutic compound is designed to treat the same disease or condition as a Product.
The Parties agree as set forth below to certain exclusivity covenants with respect to each Product and Exclusive Target.
Each Exclusive Target will remain an Exclusive Target under this Agreement during the period Novartis has the right to exercise its Option applicable to such Exclusive Target and, after Novartis exercises the applicable Option, so long as Novartis, its Affiliates or Sublicensees are Developing and/or Commercializing the Product applicable to such Exclusive Target under this Agreement.