Second Generation Product definition

Second Generation Product means, with respect to a particular Licensed Product that has achieved Regulatory Approval in a Major Market (the "Original Licensed Product"), any Licensed Product that contains a different active ingredient from that in the Original Licensed Product and that is directed against the same Mammalian Target as the Original Licensed Product, which is developed by or on behalf of BMS or its Affiliate or sublicensee as an improvement upon or potential successor to the Original Licensed Product. For clarity, it is understood that "Second Generation Product" shall not include new formulations, presentations, salts, or modes of delivery of the active ingredient contained in the Original Licensed Product.

Second Generation Product means any Combination Product containing or comprising the compound known as ABT-493, a Product that is an HCV NS3/4A protease inhibitor, and one or more other ingredients that are therapeutically or biologically active and are not themselves Products. For purposes of clarity, a Second Generation Product may consist of more than one combination, each containing ABT-493.

Second Generation Product means any oral typhoid vaccine which is derived from recombinant attenuated strains of Salmonella typhi possessing; []* * This portion of the Exhibit has been omitted pursuant to a Request for Confidential Treatment under Rule 406 of the Securities Act of 1933, as amended. The complete Exhibit, including the portions for which confidential treatment has been requested, has been filed separately with the Securities and Exchange Commission.

Examples of Second Generation Product in a sentence

• In the event that the Second Generation Product comprises or contains one or more Non-DAAs, then the Parties will negotiate in good faith further adjustments to the Net Sales for the Second Generation Product based on the relative value of the Non-DAA(s) to the product using the same formulas as set forth in Section 6.5.1(e)(iii) to the extent applicable.

• During the year ended April 30, 2016, the Company: granted an aggregate of 1,625,000 stock options to acquire common shares of the Company to officers and directors of the Company expiring October 19, 2020.

• Ciba shall select the [*] Ciba/Chiron Compound to be included in a Second Generation Product, and Ciba shall be the Developing Party with respect to such Second Generation Product.

• The University represents and warrants to Medeva that the royalty arrangements described in Schedule 4(b) are, to the best of its knowledge and belief at the date of execution of this Agreement, the only royalty payments which may become due as a result of the sale of a Second Generation Product.

• The Research with respect to each Second Generation Product shall be initiated promptly upon selection of such Second Generation Product for inclusion in the Research Program in accordance with the Research Plan and Budget.

More Definitions of Second Generation Product

Second Generation Product means a formulation comprising Hydrogel Polymer in combination with a Ciba/Chiron Compound selected pursuant to Article 3 (whether or not also including a Radiopharmaceutical), together with all applicable Delivery Systems, in each case for use within the Field. Notwithstanding the foregoing, except as provided under Section 2.2 below, Second Generation Products shall not include any such formulation incorporating [*] or Ciba/Chiron Compound that is a Platelet Antagonist.

Second Generation Product means any product comprising a Second Generation Agent.

Second Generation Product has the meaning set forth in Section 6.5.2(b).

Second Generation Product means a Product containing a different Selected Scaffold from any Selected Scaffold in a Commercialized Product but which contains, as its active ingredient, a Program Antibody that is generated using the same Merck Sequence Pair as the Program Antibody that is the active ingredient in the Commercialized Product and which requires at least one new Phase III Clinical Trial to receive a Marketing Authorization.

Second Generation Product means any erythropoietin product or service that is: (a) any derivative, modification, mutant, fragment or peptide analog of erythropoietin or (b) any other therapy involving the administration of erythropoietin such as gene or cell therapy processes or cell therapy products, carrier systems, fusion proteins, polymers and peptides. For purposes of clarity, the definition of Second Generation Product does not include any small molecule. For the purpose of clarity, the definition of Second Generation Product includes versions of GA-EPO that are long acting.

Second Generation Product means: (a) a follow-on Genentech Product that (i) in the case of a Genentech Product that is a Soluble Receptor Protein, incorporates the same therapeutically relevant sequences as are incorporated in an existing Genentech Product, or (ii) in the case of a Genentech Product that is a Target Modulator, is directed at or otherwise interacts with the same target that an existing Genentech Target Modulator Product is directed at or otherwise interacts with; provided that in each case (i) and (ii) above, such follow-on Genentech Product is developed for the same indication(s) as that existing Genentech Product; or (b) a follow-on Renovis Target Modulator Product that is directed at or otherwise interacts with the same target that an existing Renovis Target Modulator Product is directed at or otherwise interacts with, provided such follow-on Renovis Target Modulator Product is developed for the same indication(s) as that existing Renovis Target Modulator Product.

Second Generation Product means any Licensed Product that contains a Second Generation Compound as a Therapeutically Active ingredient.