Research Program definition
Examples of Research Program in a sentence
Notwithstanding the foregoing, on a Research Program-by-Research Program basis, should ▇▇▇▇▇ take over the performance of a Research Plan in its entirety pursuant to Section 4.6, and the JRC has been disbanded pursuant to Section 2.7, ▇▇▇▇▇ shall [***] notify Aktis in writing upon a Licensed Compound becoming an IND Candidate with respect to such Research Program, which notice shall include the date on which such Licensed Compound became an IND Candidate hereunder.
Following the end of each applicable Research Term, as between the Parties, ▇▇▇▇▇ shall have the sole right to conduct, and be solely responsible for, as between the Parties, at its sole cost, the Exploitation of all Licensed Compounds and Licensed Products arising from such Research Program, including for preparation and submission of any applicable IND filing and any other Regulatory Filings.
Nothing contained in this Agreement shall be construed as a warranty, either express or implied, on the part of either Party that (a) the Research, Development or Commercialization of any Licensed Compound or Licensed Product (including during the Research Program) will be successful, or (b) any Licensed Product will be commercially exploitable in any respect.
No later than [***] after the Effective Date, the Parties shall the Parties shall establish a joint research committee (the “JRC”), which will oversee and manage the collaboration between the Parties under this Agreement and with respect to each Research Program.
Subject to the terms and conditions of this Agreement, ▇▇▇▇▇ hereby grants to Aktis, during each Research Term for each Research Program, a fully paid-up, royalty-free, sublicensable (through one tier and only to Affiliates or Third Party subcontractors as provided in Section 6.3), non-exclusive license under the Licensed IP licensed to Lilly pursuant to Section 6.1.1, solely to conduct the activities allocated to Aktis in the Research Plan applicable to such Research Program.