Examples of Gene Therapy Product in a sentence
Orchard will promptly and in any event within [***] days notify UCLB in writing of the First Commercial Sale of each Gene Therapy Product in each country within the Territory.
Only one Milestone Payment shall be payable per achievement of a Milestone Event for a particular Gene Therapy Product (which in the case of an LCR-EFS Platform Product means one being approved for a different and distinct therapeutic indication, as against all other indications for which an approval is obtained for any other LCR-EFS Platform Product(s)).
The failure of Introgen to develop successfully any Target Gene Therapy Product will not in and of itself constitute a breach by Introgen of any representation, warranty, covenant or other obligation under this Agreement, the Delivery Technology License Agreement or the Target Gene License Agreement.
If a Gene Therapy Product containing transduced cells also meets the definition of an MSC Product, it shall be considered as an MSC Product for the purpose of determining milestone payments under this Agreement, and only the milestone payments appropriate for the Bone Therapy Area or the Cartilage Therapy Area, as the case may be, shall be payable by Novartis.
No Royalty shall be payable on supplies between Orchard, its Affiliates or its Sub-licensees (or any combination of them) unless there is no subsequent sale to a Third Party in an arm’s length transaction for a cash or non-cash consideration within [***] months of that first sale, in which case the Royalty will be calculated on the basis of the open market price for the Gene Therapy Product so supplied.