Selection of Development Candidate. On an Available Target-by-Available Target or Selected Target-by-Selected Target basis, as applicable, the JRC shall determine whether or not a Compound satisfies the applicable Development Candidate Selection Criteria; [**]. Upon the earlier of: (a) determination that any Compound satisfies the applicable Development Candidate Selection Criteria pursuant to the preceding sentence, or (b) the effectiveness of an IND with respect to a Compound, such Compound shall be deemed a Development Candidate for all purposes hereunder. On an Available Target-by-Available Target or Selected Target-by-Selected Target basis, as applicable, once an applicable Compound has met the Development Candidate Selection Criteria or has been deemed to be a Development Candidate, upon CELGENE’s request or at any time upon the mutual agreement of the Parties, the Parties shall work together to develop a Development Plan for such Compound and such Available Target or Selected Target, as applicable; provided that, unless otherwise agreed by the Parties, activities under such Development Plan shall not commence prior to the effectiveness of an IND with respect to such Compound and such Selected Target.
Appears in 2 contracts
Sources: Collaboration and License Agreement (Epizyme, Inc.), Collaboration and License Agreement (Epizyme, Inc.)