Research Program definition
Examples of Research Program in a sentence
The Parties will establish a single Joint Development Committee (the “JDC”) to oversee and coordinate the activities under the Research Program in accordance with the remainder of this Article 3.
The Parties intend to initiate the Research Program to discover, generate, identify, and characterize one or more ADC candidates Directed To [***] (the “Selected Target”).
During the Research Term, Crescent hereby grants to Paragon and Parascent a non-exclusive, sublicensable (to Paragon’s and Parascent’s Third Party service providers, subcontractors, consultants and other agents performing activities on behalf of Paragon or Parascent under the Research Program), royalty-free and fully paid-up license under the Crescent IP to access and use the Crescent IP to conduct the Research Program in accordance with the Research Plan.
Crescent may, in its sole discretion, exercise the Option by delivering written notice of such exercise to Paragon (“Election Notice”) at any time during the period beginning on the initiation of activities under the Research Program and ending [***] following Crescent’s receipt of the Deliverables for the Research Program, or such longer period as agreed upon by the Parties (“Option Period”).
If the Research Plan requires Paragon to perform certain chemistry, manufacturing, and control activities (“CMC Activities”) in furtherance of the Research Program, then the Monthly Rate that would otherwise apply shall be [***].