Additional Development Plan definition
Examples of Additional Development Plan in a sentence
Isis will permit Biogen Idec to review, negotiate (with Isis) and approve the Additional Development Plan Costs before implementing any Biogen-Initiated Changes.
Savara shall maintain complete, current and accurate records of (i) all work conducted by it, its Affiliates or sublicensees under the Development Plan or any Additional Development Plan; (ii) all data, Know-How and Patents resulting from such work; and (iii) all Development Costs incurred in connection therewith (collectively, the “Development Records”).
At any time during the Term, Aradigm may submit to Grifols, or Grifols may request that Aradigm submit (in which case Aradigm shall so submit, promptly) proposed Development plans (each, an “Additional Development Plan”) for the Development of Aradigm Products for Additional Indications, with such proposed Additional Development Plan detailing proposed Development costs for such proposed Development activities.
Biogen Idec will pay the invoices submitted pursuant to this Section 1.4.2(a) for such approved Additional Development Plan Costs within 45 days after receipt of the applicable invoice by Biogen Idec.
Isis and Biogen Idec will update the ISIS-SMNRx Development Plan with any such revised studies and Isis will invoice Biogen Idec for any such approved Additional Development Plan Costs.
Biogen Idec will be responsible for paying any Additional Development Plan Costs resulting from Biogen-Initiated Changes.
The responsibility, necessity and handling of any Third Party license required as a result of improvements or changes to any Licensed Product or the Development of an Additional Licensed Product, in each case, requested or proposed by Savara and conducted pursuant to an Additional Development Plan, shall lie with Savara, provided that the costs associated with any such requirements shall be the responsibility of Savara.
The Parties shall present such Additional Development Plan to the JSC for consideration and approval no less than [***] prior to the intended start date of any such Additional Development Activities.
Upon receipt (or agreement by the Parties on a form, it being agreed and understood that each Party shall in good faith take into consideration the comments of the other Party) of any such Additional Development Plan, Grifols may, in its sole discretion, elect whether to pursue the Development of such Additional Indication.
Neither Party shall conduct any Development activities in the Territory other than those specified in the Development Plan or the Additional Development Plan without the prior approval of the JSC.