Examples of Initial Products in a sentence
Initial Products typically attract a ‘flag fall’ certification fee.
Within thirty (30) days following the Effective Date, Sorrento and Servier shall establish a Coordination Committee (“Coordination Committee” or “CC”) to serve as a forum of exchange of information with respect to the Development and Commercialization of the Initial Products.
In the event the Parties conceive or generate any Joint Patents, Servier shall be responsible for such filing, prosecution and enforcement of Joint Patents to the extent they are specifically related to the Initial Products and, unless otherwise agreed in the relevant R&D Agreement, the Additional Anti-PD1 Products.
The Steering Committee shall engage in good faith discussions and attempt to reach mutual agreement on the development and production of Initial Product(s) other than the Initial Drug.
The Business Plan sets forth: (A) the targets for the manufacturing of the Initial Products and New Products (the ‘‘Production Targets’’); and (B) the targets for sales, operating profits and net profits for the Company (the ‘‘Economic Targets’’).