Common use of Costs of Development Clause in Contracts

Costs of Development. Notwithstanding Section 3.7 below, (a) New River shall bear all Development Expenses that are related to Developing and obtaining Regulatory Approval for the first Collaboration Products for ADHD [*] in the US Territory, (b) New River shall be responsible for all Phase IV and Related Expenses for all activities that are required in connection with receiving Regulatory Approval by FDA or other Governmental Authorities in the US Territory with respect to such Collaboration Products (“Required Studies”), and (c) if there are any additional studies necessary to obtain [*] for the Collaboration Product for ADHD (“[*]”), New River shall be responsible for all such Development Expenses and/or Phase IV and Related Expenses related to such [*].

Costs of Development. Notwithstanding Section 3.7 3.6 below, (ai) New River shall bear all Development Expenses that are related to Developing and obtaining Regulatory Approval for the first Collaboration Products for ADHD [*] in the US Territory, Territory (bii) New River shall be responsible for all Phase IV and Related Expenses for all activities that are required in connection with receiving Regulatory Approval by FDA or other Governmental Authorities in the US Territory with respect to such Collaboration Products (“Required Studies”), and (ciii) if there are any additional studies necessary to obtain [*] for the Collaboration Product for ADHD (“[*]”)ADHD, New River shall be responsible for all such Development Expenses and/or Phase IV and Related Expenses related to such (“[*]”).