Examples of Licensed Compound Set in a sentence
After the Exclusive Development Period, Abbott shall maintain an active clinical development program on at least one (1) ArQule Compound in each Licensed Compound Set.
Upon expiration of the Exclusive Development Period for any Licensed Compound Set, the license granted to Abbott under Section 5.4 of this Agreement shall terminate unless, within thirty (30) days of such date, Abbott commences the clinical development program described in Section 5.5(b) for * or more ArQule Compounds within such Licensed Compound Set.
Abbott shall have the option to extend the Exclusive Development Period for such Licensed Compound Set, subject to the Minimum FTE Requirement, for up to four (4) additional one year periods.
During the one (1) year period commencing on the Mutual Disclosure Date for any Licensed Compound Set and continuing until the first anniversary thereof (such period being referred to herein as the "Exclusive Development Period"), Abbott shall maintain a minimum of * FTE scientist to perform research and development activities on * or more ArQule Compounds within such Licensed Compound Set (the "Minimum FTE Requirement").
Sankyo will furnish ArQule with a brief semi-annual statement, within thirty (30) days after June 30 and December 31 of each calendar year, that describes the status of each Licensed Compound Set which remains under development by Sankyo as a Royalty-Bearing Product.
The closest research VDC was Kunathari, taking still more than two hours one way by bus.
At any time, Sankyo may conduct optimization of any Licensed Compound Set.
Abboxx xxxll have the right, under its own control and at its own expense, to pursue any third party infringer of ArQule Patent Rights or Joint Patent Rights in or relating to Abboxx Xxxivative Compounds or ArQule Compounds that are in any Licensed Compound Set.
Effective upon receipt of this notice by ArQule, the Program Status Compound and all other ArQule Compounds and Analog Compounds in the same Licensed Compound Set will no longer be subject to reversion as described in Section 9.3. At the request of SB, ArQule will transfer synthetic protocols for Program Status Compounds if transfer did not previously occur.
In the event that Sankyo conducts optimization of a Licensed Compound Set, then at the request of Sankyo, ArQule will provide Sankyo with synthetic protocols to enable Sankyo to make those Licensed Compounds.