Common use of Safety Database Clause in Contracts

Safety Database. The Parties shall, within sixty (60) days after the Effective Date, agree upon procedures by which each Party shall report safety data. The Parties acknowledge and agree that a worldwide safety database will be held and maintained by Solvay and that Depomed will transfer Product safety data Controlled by Depomed as of the Effective Date to Solvay for inclusion in such database as described in the Pharmacovigilance Agreement.

Appears in 3 contracts

Sources: Exclusive License Agreement, Exclusive License Agreement, Exclusive License Agreement (Depomed Inc)