Independent Product definition

Independent Product means a former Collaboration Product for which a Party terminated its participation in such Product pursuant to Section 4.1, and as to which no Indication is (i) being developed under the Collaboration, or (ii) is the subject of a proposal made in writing to the JSC under Section 3.10(a) as to which the JSC has not made a decision.

Independent Product means any Light-Based Hair Management Product that is not a Female Product and that is intended or marketed for use in the Field, and all Improvements thereto.

Independent Product means one or more products, other than a Competing Product, that *** binds one of the Program Targets and ***.

Examples of Independent Product in a sentence

• After receipt of such notice by the other Party, the Party providing such notice shall no longer be responsible for bearing further Development Costs for such Collaboration Lead Compound or Product as specified herein, in which event the other Party will have the right to proceed independently to develop such Collaboration Lead Compound or Product as an Independent Lead Compound or Independent Product, pursuant to Section 3(m).

• Any such license with respect to an Independent Product or Independent Lead Compound shall terminate in the event such Independent Product or Independent Lead Compound becomes a Collaboration Lead Compound or Product pursuant to the terms of Section 3(n).

• Neither party may charge the services of its personnel or any third party to research or develop an Independent Compound, Derivative Compound thereof or Independent Product to the other party.

• The Parties shall negotiate in good faith for a period of [ * ] following the receipt of such notice to determine the appropriate royalty to be paid on Net Sales of such Independent Product in such country in the Co-Promotion Territory.

• In such case, the other Party may continue promotion of such Product, as an Independent Product, either alone or with a Third Party, in such country in the Co-Promotion Territory, effective as of the date of the terminating Party's notice [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

More Definitions of Independent Product

Independent Product shall have such meaning as set forth in Article 3.10.

Independent Product means a Product which is independently developed or commercialized by either Chiron or PathoGenesis in accordance with this Agreement.

Independent Product means any Base Editor Product or Nuclease Product that is not a Licensed Product or a Delivery Technology Product.

Independent Product has the meaning set forth in Section 4.2(a).

Independent Product means a product including or incorporating any ------------------- form or dosage of a Collaboration Compound for human medical uses which is developed and/or commercialized by a Party after the other Party has either (i) terminated its participation in Development pursuant to Section 4.09(c) hereof or (ii) elected to discontinue sharing Development Expenses or Pre-Marketing Expenses pursuant to Section 5.07 hereof.

Independent Product means a Third Party's pharmaceutical, stand-alone product that (A) has received Regulatory Approval in the United States; (B) has been fully developed and commercialized as a stand-alone product by such Third Party, and Genentech is not involved in and has no rights or obligations with respect to current or future involvement in researching, developing or commercializing or any other aspect of such product; and (C) Genentech determines would be desirable to market or develop with the Licensed Product.

Independent Product means any pharmaceutical product containing an Active Compound or Derivative Compound developed by ACADIA pursuant to the ACADIA Research Project as to which Allergan has exercised its Participation Right pursuant to Section 5.1(a)(iii) below.