Project Catheter

Project Catheter. A catheter incorporating Background IP owned by BioScan or Developed IP, whether owned by BioScan or by Spectranetics. The parties contemplate that such catheter will be developed by BioScan and Spectranetics as described in the Scope of Work and as further developed in Phase II of Project. If the Project is terminated by either party prior to completion as provided in this Agreement, including any election by Spectranetics not to proceed with Phase II of Project pursuant to Section 2.3, a... catheter shall not be deemed a Project Catheter unless it contains Background IP owned by BioScan or Developed IP, whether owned by BioScan or by Spectranetics View More