Examples of R&D Candidate in a sentence
Within [***] after the date first written above, the Parties shall prepare a written annual research plan (the "Annual Research Plan") for the Research activities to be conducted with respect to each Specific Target, any Antibody candidate which bind thereto and each R&D Candidate.
Within [***] after the date first written above, ELAN and CAT shall establish a "Joint Steering Committee" or "JSC" to oversee and direct the conduct of Research and the Development of each Specific Target and R&D Candidate and to oversee and coordinate those activities that are necessary for the successful Commercialization for a Collaboration Product in the Territory, as further described below in this Agreement.
An R&D Candidate shall remain in the Development Program until such time as (i) the JSC determines that such R&D Candidate should be returned to the Research Program for the conduct of further Research, (ii) such R&D Candidate is dropped from the Development Program or (iii) such R&D Candidate becomes a Collaboration Product.
Each Party shall use, and shall cause its permitted Third Party Sublicensees to use, commercially reasonable and diligent efforts to disclose to the other Party all material information relating to any R&D Candidate or Collaboration Product promptly after it is learned or its materiality appreciated.
From time to time, either Party may request an affirmation from the other Party of the status of an Antibody as either an CAT Exclusive Antibody or an R&D Candidate.
If the Research to be conducted under this Agreement, the Development of any R&D Candidate, Manufacture of Clinical Supplies or Collaboration Products and/or Commercialization of any Collaboration Product is alleged by a Third Party to infringe a Third Party's patent or misappropriate a Third Party's Know How, the Party becoming aware of such allegation shall promptly notify the other Party thereof, in writing, reasonably detailing the claim.
The responsibility for performing clinical studies of each R&D Candidate will be assigned to CAT, ELAN and/or Third Party contractors selected by the JSC in accordance with this Section.
Notwithstanding the foregoing, to the extent CAT has or receives any information regarding any adverse drug experience which may be related to the use of any R&D Candidate or Collaboration Product, CAT shall promptly provide ELAN with all such information in accordance with the adverse event reporting procedures to be established by the JSC no later than [***] (as may be amended from time to time upon mutual agreement of the Parties).
On a Collaboration Product-by-Collaboration Product basis, not later than [***] after commencement of the first Phase III Clinical Trial of a R&D Candidate in the Territory, ELAN shall prepare and the JSC shall review, and after due consideration by ELAN of any suggestions or comments, accept ELAN's rolling multi-year (being not less than[***]) plan for Commercializing the Collaboration Product in the Territory (the "Commercialization Plan"), which plan shall include without limitation [***].
The term of this Agreement will commence on the Effective Date and, unless earlier terminated as provided in Article 13 or this Article 12, shall continue in full force and effect on a Collaboration Product-by-Collaboration Product and country-by-country basis for so long as any R&D Candidate is being Developed or any Collaboration Product is being sold under this Agreement.