Examples of Takeda License in a sentence
The Commercial Supply Agreement will terminate immediately upon the termination of the Takeda License in accordance with its terms.
Takeda may terminate the Takeda License if the Company challenges, or assists in challenging, licensed patents.
The Company and Takeda may terminate the Takeda License in the case of the other party’s insolvency or material uncured breach.
The Company may terminate the Takeda License upon six months’ written notice.
The Temporary Services Agreement will terminate immediately upon termination of the Takeda License in accordance with its terms.
Each sublicense to a Sublicensee of the rights granted to such Party under Section 3.1 (Takeda License Grants; Right of Reference) and Section 3.2 (Licensee License Grants; Right of Reference) (as applicable) will be in writing and will refer to, be subordinate to, and be consistent with this Agreement in all material respects.
Pursuant to the Commercial Supply Agreement, Takeda has agreed to supply the Company with and the Company has agreed to purchase from Takeda certain quantities of vonoprazan bulk drug product according to approved specifications at a fixed price per batch of bulk drug product in order to commercialize vonoprazan in accordance with the Takeda License.
Each Party will have the right to grant sublicenses, through multiple tiers, of the rights granted to such Party under Section 3.1 (Takeda License Grants; Right of Reference) and Section 3.2 (Licensee License Grants; Right of Reference) (as applicable), to Third Parties (each, a “Sublicensee”) and to its Affiliates upon written notice to the other Party; [***].
The Company incurred $0.1 million of transaction costs in connection with the Takeda License.
License Agreement On May 7, 2019, the Company entered into a license agreement with Takeda pursuant to which it was granted an exclusive license to commercialize vonoprazan fumarate in the United States, Canada and Europe, or, the Takeda License.