New Licensed Product definition

New Licensed Product means any (a) (i) ADC (including any IDC) wherein [ * ], or (ii) ADC (including any IDC) wherein [ * ]; and (b) in each case (i)-(ii) above, [ * ], all of which shall be considered the same New Licensed Product for purposes of this Agreement. For clarity, each New Licensed Product [ * ].
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New Licensed Product means, with respect to a particular Milestone Payment, all Licensed Products that (i) contain an Active Moiety, based on or constituting a particular Licensed Macrolide, as an API (whether as its sole API or one of two or more APIs) and (ii) do not contain any Active Moiety based on or constituting a particular Licensed Macrolide that has been included in any Licensed Product for which such Milestone Payment has previously been triggered under Section 4.2
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New Licensed Product means any Licensed Product that [***]. 1. 110 “New Product Proposal” means a written proposal [***].
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Examples of New Licensed Product in a sentence

  • Notwithstanding anything in this Agreement to the contrary, the provisions of this Section 5.7 shall not apply to regulatory submissions or Regulatory Approvals for New Licensed Product or New Indication Existing Licensed Product that a Party Develops pursuant to, and in accordance with, Section 5.11 or Section 5.12, which such regulatory submissions and Regulatory Approvals shall be the sole responsibility of and solely owned by such Party.

  • With respect to any of the foregoing requests for extensions to a New Licensed Product, Licensee acknowledges and agrees that any such extensions may be subject to additional terms or conditions, as deemed necessary or desirable by the Parent, including with respect to exclusivity.

  • The Financial Report shall constitute a completed royalty report form, including a breakdown of sales by country, New Licensed Product and Licensee, Affiliate or Permitted Sublicensee, as applicable, provided or approved by Parent from time to time.

  • The Financial Report shall constitute a completed royalty report form, including a breakdown of sales by country, New Licensed Product and Licensee/Affiliate, provided or approved by Parent from time to time.

  • Seagen shall be responsible, by itself or through one or more CMOs, to manufacture and supply to itself, its Affiliates and sublicensees each New Licensed Product for Development and Commercialization in the Field in the Seagen Territory and for use under the Global Development Plan.

  • If RemeGen does not exercise one or more Opt-In Rights for a New Licensed Product, then, within [ * ] after the first achievement of each Development Milestone Event set forth in the tables in Exhibit 8.2(d) by or on behalf of Seagen, its Affiliates or sublicensees in the Seagen Territory by such New Licensed Product, Seagen shall make the corresponding Development Milestone Payment to RemeGen in accordance with Section 8.4(a).

  • The foregoing opt-in fee shall be fully earned and payable within [ * ] after the date Seagen receives RemeGen’s Opt-In Notice for such New Licensed Product.

  • Such Financial Report shall be rendered at the times specified, whether or not Licensee or any Affiliate or Permitted Sublicensee has Sold any New Licensed Product during the Reporting Period or whether any Earned Royalty is due under the terms of Section 6.2. At the time of sending each Financial Report hereunder, Licensee shall calculate the Earned Royalty for the Reporting Period, if any, and remit to Parent in full such Earned Royalty.

  • On a New Licensed Product-by- New Licensed Product basis, in partial consideration of Seagen’s granting RemeGen the licenses and rights to Opt-In Products hereunder and of Seagen’s undertaking of the activities required under this Agreement, and upon RemeGen’s exercise of the Opt-In Right for such New Licensed Product, RemeGen shall pay to Seagen a one-time, non-refundable, non-creditable opt-in fee equal to [ * ].

  • Such Financial Report shall be rendered at the times specified, whether or not Licensee or any Affiliate has Sold any New Licensed Product during the Reporting Period or whether any Earned Royalty is due under the terms of Section 6.2. At the time of sending each Financial Report hereunder, Licensee shall calculate the Earned Royalty for the Reporting Period, if any, and remit to Parent in full such Earned Royalty.


More Definitions of New Licensed Product

New Licensed Product means a diagnostic test to determine a human patient’s genotype at position +263 of at least one ODC1 allele, as set forth in a claim of the ODC263 PATENT RIGHTS, the conduct of which diagnostic test, coupled with an indicated administration of a therapeutic agent, would infringe a valid, unexpired claim of the ODC263 PATENT RIGHTS. NEW LICENSED PRODUCT does not include any therapeutic agent the administration of which may be indicated by that diagnostic test.
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New Licensed Product means one or more different Licensed Product (other than a difference on size, minor improvement or modification of an existing Licensed Product) which is not an Excepted Product added to Schedule B in accordance with §4.2, and §4.3 after the Effective Date of this Agreement.
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New Licensed Product means a new product that is not substantially similar to an existing Licensed Product and that uses Licensed Materials. Table of Contents
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New Licensed Product means any product containing any New Licensed Endolysin as an active ingredient, alone or in combination with one or more other therapeutically active products or pharmaceutical ingredients (but excluding any product or ingredient that is proprietary to iNtRON that is not a Licensed Endolysin), in any formulation, but excluding any formulation for topical administration.
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Related to New Licensed Product

  • Licensed Product means a product or part of a product in the Licensed Field of Use: (A) the making, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent; or (B) which is made with, uses or incorporates any Technology.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Licensed producer means an agent, broker, or reinsurance intermediary licensed pursuant to the applicable provision of the insurance law of any jurisdiction.

  • Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Licensed Field means [***].

  • Licensed Territory means worldwide.

  • Licensed Fields of Use means the fields of use identified in Appendix B.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • Licensed Field of Use means all fields.

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • Therapeutic Product means a health product categorised as a therapeutic product in the First Schedule to the Act;

  • Licensed Compound means [***].

  • Licensed Compounds means: (a) Research Program Active Compounds; (b) Novartis Active Compounds; (c) salts, hydrates, solvates, esters, metabolites, intermediates, stereoisomers and polymorphs of Research Program Active Compounds or Novartis Active Compounds; and (d) prodrugs of Research Program Active Compounds or Novartis Active Compounds (any of the foregoing, a “Licensed Compound”).

  • Licensed Services means all functions performed by the Licensed System.

  • Existing Product means any formulation of the same product category and form sold, supplied, manufactured, or offered for sale in California prior to the following dates, or any subsequently introduced identical formulation:

  • Marijuana product means marijuana as defined in 50-32-101 and marijuana-infused products

  • Hemp products means all products made from industrial hemp,

  • Competing Product means [***].

  • New Products means any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.

  • Cannabis product means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • Licensed Service means a service provided using Licensed Products or Licensed Methods, including, without limitation, any such service provided in the form of contract research or other research performed by Licensee on behalf of a third party.

  • Marihuana-infused product means a topical formulation, tincture, beverage, edible substance, or similar product containing marihuana and other ingredients and that is intended for human consumption.