Examples of Product Development Collaboration in a sentence
The royalty payments stated herein are identical to those described in the original “Licensed Product Development, Collaboration and License Agreement”, and are repeated here only for the purposes of clarity.
The Parties have previously entered into a Product Development, Collaboration and License Agreement dated May 11.
Xxxxxx LLLP (“Abrika”) and Corium entered into that certain Product Development, Collaboration and License Agreement, as of May 11, 2002, in connection with the development and commercialization of [*], as amended as of November 12, 2003 and September 28, 2007 (the “Collaboration Agreement”).
This Supply Agreement and the Licensed Product Development, Collaboration and License Agreement previously executed, set forth the entire agreement between the Parties with respect to the subject matter hereof, and supersede all prior agreements and understandings with respect to such subject matter.
The Group and Organigram also entered into a Product Development Collaboration Agreement following which a Centre of Excellence has been established to focus on developing the next generation of cannabis products with an initial focus on cannabidiol (CBD).
BAT Product Development Collaboration and Centre of Excellence In early Q4 Fiscal 2021, the Company announced the successful launch of the CoE outlined in the PDC Agreement with BAT which was established to focus on research and product development activities for the next generation of cannabis products, as well as cannabinoid fundamental science, with an initial focus on CBD.
Research and Product Development Product Development Collaboration ("PDC") and Centre of Excellence ("CoE") •In Fiscal 2021, Organigram launched the PDC with BAT which was established to focus on research and product development activities for the next generation of cannabis products, with an initial focus on CBD.
For the three and nine months ended May 31, 2023, under the Product Development Collaboration Agreement, British American Tobacco p.l.c. ("BAT") incurred $687 and $2,499 (May 31, 2022 - $599 and $1,812) for direct expenses and the Company incurred $2,139 and $7,212 (May 31, 2022 - $2,012 and $4,526) of direct expenses and capital expenditures of $666 and $1,306 (May 31, 2022 - $2,611 and $6,337) related to the Center of Excellence ("CoE"), respectively.
CONSOLIDATED FINANCIAL STATEMENTS | FOR THE YEARS ENDED August 31, 2022 AND 2021 28 Private placement - Organigram and BAT Strategic Investment and Product Development Collaboration ("PDC")On March 10, 2021, the Company received a $221,211 strategic investment from a wholly-owned subsidiary of BAT, which subscribed to 58,336,392 Common Shares of the Company at $3.792 per common share, which represented an approximate 19.9% equity interest in the Company on a post-transaction basis.
Therefore, when combining several small PSAPs replacing technology is common.