Common use of Overview of Research Activities Clause in Contracts

Overview of Research Activities. During the Research Term for the Target Research Activities and in accordance with the terms and conditions of this Agreement, the Parties will collaborate to identify and synthesize Candidates that Modulate each Target according to the applicable Target Research Plan for such Target, with the aim of identifying IND-ready Candidates for treatment of the corresponding Indication for such Target. As of the Effective Date, the Parties anticipate that the Target Research Activities will result in the identification, synthesis, and further advancement of at least [***] IND-ready Candidate that Modulates each Target, which Candidate(s) NVS may elect to take forward into Clinical Development. In addition, during the Research Term for the Exploratory Research Activities, the Parties will collaborate and HMI will perform research activities in accordance with the terms of this Agreement and the Exploratory Research Plan to determine the feasibility of applying the HMI Licensed Technology to identify any applications with respect to available targets other than the Targets (but not to provide to NVS any candidates that manipulate, or AAV gene editing vectors that Modulate, in each case, any such other targets, unless otherwise agreed to in writing by the Parties). [***].