Next Generation Product definition

Next Generation Product means *** *** to ***, that (a) *** is developed by or on *** using an *** owned or controlled by *** or (ii) is acquired or in-licensed by ***and (b) ***.

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Next Generation Product means a vertebral compression fracture repair system, not yet fully developed or marketed by DOT, defined in Exhibit D (the “Non-Competition, Confidentiality and Development Agreement”) to the Kyphon-DOT APA (Vertebroplasty Assets).

Next Generation Product means any Licensed Product that is not a NLG919 Product.

Examples of Next Generation Product in a sentence

Any Confidential Information primarily relating to a Next Generation Product shall be deemed to be the Confidential Information of Licensee alone.
If Enanta elects to exercise the Co-Development and Profit Share Option with respect to any Next Generation Product (such as the Second Generation Product) [*****].
LXE shall have the exclusive ownership and all right, title and interest in all Intellectual Property Rights inherent in the design of the Next Generation Product, the Specifications, all related Work Product, and all tooling required to manufacture and test the Next Generation Product, excluding any items or Products expressly licensed by Voxware to LXE under this Agreement (e.g., the 410 Technology).
In addition to the Prochieve PTB Development Plan, the Development Plan shall include detailed plans and timelines for the Development of Next Generation Products after the First Closing Date through to the projected date of Regulatory Approval in each Major Territory of a Next Generation Product for the PTB Indication.
Each Party shall promptly disclose to the other Party any inventions and other Know-How, including any inventions or other Know-How related to the Products or any Next Generation Product, arising under the Parties’ activities conducted pursuant to the PCA during the Joint Development Period.

More Definitions of Next Generation Product

Next Generation Product means a vertebral compression fracture repair system to be developed after the Closing by the Entrepreneurs and that incorporates [***] and the other basic design features described by the Entrepreneurs in a schedule to the Non-Competition, Confidentiality and Development Agreement (as defined in the Vertebroplasty Purchase Agreement), and which is substantially different from the Company's existing Confidence system such that separate and new FDA and CE ▇▇▇▇ regulatory clearances or approvals will be required.

Next Generation Product means each product comprising or containing a Next Generation Collaboration Compound; provided, however, products that contain different dosages and formulations of a product, but utilize the same specific Next Generation Collaboration Compound, shall not be considered distinct Next Generation Products.

Next Generation Product means a drug product for use in men containing testosterone as its sole active pharmaceutical ingredient incorporating or containing improvements, additions, refinements, modifications or developments to the Product that would reasonably be expected to improve the quality or improve consumer or patient acceptance of the Product for which a sNDA to the Product NDA would be permitted under Applicable Law.

Next Generation Product or “NextGen Product” means LXE’s hardware Product designed by LXE in collaboration with Voxware as a replacement for the 410 Hardware Product, and all peripherals thereto, excluding Headsets.

Next Generation Product means a Product to be administered utilizing the Seller Next Generation Delivery System or another Delivery System approved by the Joint Development Committee.

Next Generation Product means any HA Product for use in the Field anywhere in the Territory, the specifications of which differ from the Licensed Product in such a way that it is not covered by the definition of Licensed Product. For avoidance of doubt, a mutually-agreed change in Specifications that satisfies the conditions in the immediately preceding sentence shall, for all purposes under this Agreement, be considered a Next Generation Product and not solely a change in Specifications, unless the Parties agree in writing otherwise at the time such change is made.

Next Generation Product is defined in Section 2(b).