Third Party Proposed Product

Third Party Proposed Product. An actual or potential Licensed Product (a) that is for a therapeutic category (e.g., infectious diseases, inflammatory conditions and oncological conditions) for which no Licensed Product is being developed or commercialized by Licensee, any Affiliate of Licensee or any Sublicensee and (b) that does not contain or consist of any Covered Component that is included in a Licensed Product that is being clinically developed or commercialized by Licensee, any Affiliate of Licensee or any... Sublicensee. For the avoidance of doubt, sub-categories within the same general therapeutic category shall be considered the same therapeutic category (e.g., infectious diseases shall include subcategories such as bacterial diseases and fungal diseases). View More

Third Party Proposed Product. A Type II Licensed Product for vaccination against or treatment of an organism or disease for which Licensee is not developing or commercializing a Licensed Product.

Third Party Proposed Product. Shall mean an actual or potential Licensed Product that (a) is covered by a Valid Claim within the Exclusive Patent Rights, (b) is for an Indication for which Licensors reasonably believe no Licensed Product is being developed or commercialized by Licensee, any Affiliate of Licensee or any Sublicensee and (c) that does not contain or consist of any Covered Component that is included in a Licensed Product that is being developed or commercialized by Licensee, any Affiliate of Licensee or any... Sublicensee. For purposes of this Section 1.22, "Covered Component" shall mean any active pharmaceutical ingredient, the manufacture, use, sale, marketing or importation of which falls within the scope of a Valid Claim. View More