Common use of Research and Development Efforts Clause in Contracts

Research and Development Efforts. Allergan shall use commercially reasonable efforts to conduct, at its own expense, all preclinical testing and investigations necessary for Allergan to select appropriate Licensed Target/Chemistries and Designated Target/Chemistries for further development in the Field. Such further development may include, but not be limited to, […***…] necessary to prepare and file an IND and […***…] necessary to file a NDA. Allergan will provide a report on a biannual basis to the JRC summarizing the results of work it performs pursuant to this Section 6.1 in a manner sufficient to inform ACADIA of general research and development progress and compliance with Section 7.5(a).

Appears in 2 contracts

Sources: Collaborative Research, Development and License Agreement (Acadia Pharmaceuticals Inc), Collaborative Research, Development and License Agreement (Acadia Pharmaceuticals Inc)

Research and Development Efforts. Allergan shall use commercially reasonable efforts to conduct, at its own expense, all preclinical testing and investigations necessary for Allergan to select appropriate Licensed Target/Chemistries and Designated Target/Chemistries for further development in the Field. Such further development may include, but not be limited to, [***] necessary to prepare and file an IND and [***] necessary to file a NDA. Allergan will provide a report on a biannual basis to the JRC summarizing the results of work it performs pursuant to this Section 6.1 in a manner sufficient to inform ACADIA of general research and development progress and compliance with Section 7.5(a).

Appears in 1 contract

Sources: Collaborative Research, Development and License Agreement (Acadia Pharmaceuticals Inc)