Pharmaceutical Application definition

Pharmaceutical Application means applications where devices, kits, or medications incorporating leucoanthocyanidins, anthocyanidins and anthocyanins are used (a) in the diagnosis, cure, mitigation, treatment, or prevention of disease (b) in or as articles (other than food) intended to affect the structure or any function of the body of man or other animals
Pharmaceutical Application means any product that (i) requires and is indicated for the treatment of a specific medical condition by a regulatory agency and (ii) is administered under the supervision of a clinician. For greater clarity, nutritional or dietary supplements, even if they are consumed as a medicinal product, shall not be considered a Pharmaceutical Application, whereas prescription products and the products classified as Medical Foods by US FDA regulations (and equivalent regulations in foreign territories with comparable guidelines) are Pharmaceutical Applications. In the event that the US FDA (and equivalent agencies in foreign territories) changes or alters its regulations and reclassifies the use of nutritional, dietary or any existing Products of Licensee and/or its Affiliates that are derived from APP into the Pharmaceutical Applications category, Licensee shall retain the right to such Products (which will continue to be Products for purposes of the Agreement), provided however that such Products are actively marketed or sold at the time of the reclassification, and that Licensee is required to meet such new regulations in a timely manner.

Examples of Pharmaceutical Application in a sentence

  • Subject to the terms of this Agreement, Foundation grants to Licensee a non-exclusive license under the Patent Rights and Know-How and Material Rights to make, have made, use, sell and offer for sale Licensed Products and Licensed Services in the Field for Pharmaceutical Application and Territory and during the Term.

  • For greater clarity, nutritional or dietary supplements, even if they are consumed as a medicinal product, shall not be considered a Pharmaceutical Application, whereas prescription products and the products classified as Medical Foods by US FDA regulations (and equivalent regulations in foreign territories with comparable guidelines) are Pharmaceutical Applications.

  • If the parties fail to reach an agreement with respect to any such Pharmaceutical Applications, CLINTEC may solicit other offers and engage in negotiations with third parties with respect to that specific Pharmaceutical Application.