Examples of Supplemental Covered Product in a sentence
If this Agreement or any Supplemental Covered Product is assigned by Manufacturer, Manufacturer shall notify Provider Synergies and Participating Medicaid Programs of the new contact information for purposes of Section 4.1 Notices, and any assignee shall be fully responsible for compliance with all terms and conditions of this Agreement applicable to Manufacturer.
If Manufacturer elects to discontinue production, marketing or distribution of any Supplemental Covered Product or to transfer or license any Supplemental Covered Product to a third party, Manufacturer shall notify Provider Synergies and Participating Medicaid Programs as soon as commercially reasonable of such action.
The Parties agree that the intent of the Parties is to replace existing state supplemental rebate agreements relating to the same or similar Supplemental Covered Product subject matter between a Participating Medicaid Program and Manufacturer with this Agreement within one (1) year from the execution of a TOP$sm Medicaid Program Participation Agreement (Attachment A).
Nothing in this Agreement shall be construed to prohibit Manufacturer from discontinuing production, marketing or distribution of any Supplemental Covered Product or from transferring or licensing any Supplemental Covered Product to a third party.
This Agreement constitutes a total integration of all previously existing rights, benefits and obligations of the parties, and there exist no other agreements or understandings, oral or otherwise, which bind any of the parties regarding State Supplemental Rebates pertaining to the identical Supplemental Covered Product subject matter of this Agreement.
If, however, a Supplemental Covered Product(s) of the Manufacturer should require prior authorization, and the Supplemental Covered Product is disadvantaged as compared to other competitive branded products in the therapeutic class, the State shall notify the Manufacturer and the parties agree that the affected Supplemental Covered Product (by NDC) shall be removed from this Agreement upon Manufacturer’s written request.
Participating Medicaid Programs or Provider Synergies its designee shall submit the State Supplemental Rebate invoices to Manufacturer within ninety (90) days after the Fiscal Quarter in which the Supplemental Covered Product was paid for by Participating Medicaid Program.
Said removal shall be retroactive to the date the affected Supplemental Covered Product (by NDC) was subjected to prior authorization.
No Supplemental Covered Product on the Preferred Drug List shall be discouraged or disadvantaged in any way relative to any other single source brand name prescription drug in its therapeutic class unless specifically stated otherwise in TOP$sm Multistate Supplemental Drug Rebate Formulae (Attachment B).
Supplemental Covered Product utilization under Preferred Drug List(s) shall not be eligible invoiced for State Supplemental Rebates pursuant to TOP$sm Multistate Supplemental Drug Rebate Formulae (Attachment B), only if and when it meets all of the following conditions: 1.