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GENERIC DRUG MARKETING AND SUPPLY AGREEMENT

Advertising or Marketing Agreement

GENERIC DRUG MARKETING AND SUPPLY AGREEMENT
 | Document Parties: FDC LIMITED |  SPECTRUM PHARMACEUTICALS, INC You are currently viewing:
This Advertising or Marketing Agreement involves

FDC LIMITED | SPECTRUM PHARMACEUTICALS, INC

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Title: GENERIC DRUG MARKETING AND SUPPLY AGREEMENT
Governing Law: Delaware     Date: 3/29/2004
Industry: Biotechnology and Drugs     Sector: Healthcare

GENERIC DRUG MARKETING AND SUPPLY AGREEMENT
, Parties: fdc limited ,  spectrum pharmaceuticals  inc
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                                                                   Exhibit 10.44

 

 

Confidential treatment has been requested for portions of this exhibit. The copy

filed herewith omits the information subject to the confidentiality request.

Omissions are designated as [Intentionally Redacted]. A complete version of the

exhibit has been filed separately with the Securities and Exchange Commission.

 

                  GENERIC DRUG MARKETING AND SUPPLY AGREEMENT

 

      THIS AGREEMENT is made and entered into on the 20th day of November 2003,

 

      BY AND BETWEEN

 

      FDC LIMITED, a company incorporated under the provisions of the Companies

      Act, 1956, having its Corporate office at 142-48 S.V. Road, Jogeshwari

      (W), Mumbai 400 102, India, hereinafter referred to as "FDC", (which term

      shall include its successors and permitted assigns) of the One Part;

 

                                      AND

 

      SPECTRUM PHARMACEUTICALS, INC. a corporation organized in accordance with

      the laws of the State of Delaware within the United States of America,

      having its principal office at 157 Technology Drive, Irvine, California,

      USA 92618, hereinafter referred to as "SPECTRUM" (which term shall include

      its successors and permitted assigns) of the Other Part;

 

      A.     WHEREAS, FDC is currently involved in or intends to be involved in

            the manufacture in India of the drugs mentioned in Appendix 'A', The

            products detailed in the said Appendix 'A' are hereinafter

            collectively referred to as "THE SAID PRODUCTS". As new products

            become available, Appendix 'A' may be amended to incorporate such

            new products as mutually decided by the parties.

 

      B.     WHEREAS, Spectrum is a pharmaceutical company organized in the

            United States of America ("USA") for the purposes of

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            gaining regulatory approval, marketing and distributing products.

            The drugs detailed in the said specific product appendix A are

            hereinafter collectively referred to as "THE SAID PRODUCTS".

 

      c)     WHEREAS, FDC desires to engage Spectrum to obtain regulatory

            approval from the United States Food and Drug Administration ("FDA")

            to market the said products in the USA, and to market and distribute

            the said products in United States of America; (hereinafter referred

            to as the "Territory").

 

      Now THEREFORE, for and in consideration of the foregoing premises, and the

      mutual covenants, stipulations, terms and conditions herein contained the

      parties agree as follows:

 

      1.     APPOINTMENT AND TERRITORIAL LIMITS

 

      1.1    Subject to the terms and conditions of this Agreement, FDC hereby

            appoints SPECTRUM as its exclusive agent/ distributor for

            registration and the sale of the said-products in United States of

            America and SPECTRUM agrees to exclusively register and market and

            distribute the said products in United States of America in

            accordance with the terms and conditions of this Agreement. FDC

            hereby grants to SPECTRUM an exclusive license to use the

            Intellectual Property Rights associated with the said products to

            the extent necessary for the limited purposes of obtaining

            regulatory approval of the said products in United States of America

            and marketing, distributing and selling the said products in United

            States of America. For the purposes of this Agreement, "Intellectual

            Property Rights" means, collectively, worldwide Patents, Copyrights,

            Trademarks, mask work rights, trade names and all other intellectual

            property rights and proprietary rights, whether arising under the

            laws of the United States or any other state,

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            country or jurisdiction, including all rights or causes of action

            for infringement or misappropriation of any of the foregoing. For

            purposes of this Agreement: (a) "Patents" means all patent rights

            and all right, title and interest in all letters patent or

            equivalent rights and applications, including provisional

            applications, for letters patent or rights, industrial and utility

            models, industrial designs, petty patents, patents of importation,

            patents of addition, certificates of invention and other government

            issued or granted indicia of invention ownership, including any

            reissue, extension, division, continuation or continuation-in-part

            applications throughout the world; (b) "Trade Secrets" means all

            right, title and interest in all trade secrets and trade secret

            rights arising under common law, state law, federal law or laws of

            foreign countries; (c) "Copyrights" shall mean all copyrights, and

             all other literary property and authorship rights, and all right,

            title, and interest in all copyrights, copyright registrations,

            certificates of copyright and copyrighted interests throughout the

            world; and (d) "Trademarks" means all right, title and interest in

            all trademark, service mark, trade name and trade dress rights

            arising under the common law, state law, federal laws and laws of

            foreign countries, and all right, title, and interest in all

            trademark, service mark, trade name and trade dress applications and

            registrations interests throughout the world. The exclusive rights

            granted to Spectrum to market the said products in United States of

            America will be subject to the Non-performance Clause given in

            Clause 12.3 with respect to any of the said products.

 

      1.2    It is however agreed and clarified between the Parties hereto that

            the rights of SPECTRUM to act as the agent/distributor of FDC

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            shall be initially confined to the territorial limits of United

            States of America and may thereafter extend to other neighboring

             countries with the prior written consent of, and at the sole

            discretion of FDC.

 

      1.3    It is also agreed and clarified that FDC is free to assign its

            trademark(s) to any person or party outside of United States of

             America, as long as that person or party does not market or intend

            to market the said product(s) carrying such trademark(s) in United

            States of America.

 

      2.     CONFIDENTIALITY

 

      2.1    Neither Party shall disclose to any third party any Confidential

            Information which was obtained from the other Party in connection

            with this Agreement. This obligation of secrecy of the Confidential

            Information shall not apply to information which is required to be

            disclosed to governmental agencies for product registration purposes

            or as may be required by applicable law or Governmental authority

            having competent jurisdiction over the receiving Party. In addition,

             the secrecy obligation shall expire for Confidential Information

            which:

 

            a)     is or ceases to be Confidential Information as a consequence

                  of authorized disclosures;

 

            b)     was already in the possession of a Party at the time of

                  receipt from the disclosing Party, as shown by documentary

                  evidence;

 

            c)     after the date of this Agreement is received from a third

                  party whose direct or indirect source is not the disclosing

                  party.

 

            For the purpose of this Article, the term "CONFIDENTIAL INFORMATION"

            shall mean any information or data (including

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                                       5

 

 

             but not limited to any technical or non-technical data, and any

            formula, patents, methods, processes, patterns, compilation,

            programs, device or technique) that derive economic value, actual or

            potential, from not being generally known to other persons.

            Confidential Information would also include all information

            exchanged by and between the Parties in relation to this Agreement

            or otherwise marked as confidential by any Party to this Agreement.

 

      2.2.   The Parties agree: (a) to exercise the same degree of care and

            protection (but no less than a reasonable degree of care and

            protection) with respect to each other's Confidential Information as

             a Party would exercise with respect to its own confidential

            information; and (b) except as expressly authorized by this

            Agreement, or as necessary to the performance of the obligations

            hereunder, not to directly or indirectly disclose, copy, transfer,

            or allow access to the Confidential Information. Without limitation

            to the generality of the foregoing, all persons with access to the

            Confidential Information will be subject to the same restrictions

            and limitations as that of the Parties to this Agreement. The

            Parties shall ensure that appropriate non-disclosure undertakings

            are obtained in this regard. Provided that obtaining of such

            non-disclosure undertakings shall not absolve any of the Parties

            hereto from any breach that may be committed by reason of a breach

            by any of the persons to whom the Confidential Information has been

            disclosed pursuant to this Agreement.

 

      2.3.   The obligations contained in this Article shall survive the duration

            of this Agreement and thereafter for a period of five(5) years or

            until the expiration of all Patents for the said products (including

            any extended term), whichever is later.

 

      2.4.   Without prejudice to any other provision of this Agreement, the

            Parties acknowledge and agree that any violation of this Article 2

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            by a Party would cause the other Party irreparable injury for which

            such other would have no adequate remedy at law, and that such

            other Party shall be entitled to preliminary and other injunctive

            relief against the defaulting Party for any such violation. Such

            injunctive relief will be in addition to, and in no way a limitation

            of, any and all other remedies or rights that such other Party shall

            have at law or in equity.

 

      3.     OBLIGATIONS OF FDC

 

      3.1.   FDC hereby agrees:

 

      a)     That it will take all reasonable care to hold and keep in force all

            manufacturing licenses and permission in respect of the said

            products and comply with requirements of all laws applicable to the

            said products.

 

      b)     To provide SPECTRUM, with all necessary documents required to enable

            the regulatory approval of the said products by the FDA and SPECTRUM

            shall render all assistance to FDC for registration of the said

            products in the name of FDC. All data, information, notes,

            documents, dossiers, knowledge, formulae, Intellectual Property

            Rights, etc provided by FDC to Spectrum in terms of this Agreement

            shall for at all times and forever remain the exclusive property of

            FDC.

 

      c)     It is clarified between the parties that all the product

            registrations and the ANDA'S for the said Products in the Territory

            shall be obtained by Spectrum in the name of FDC and the product

            registrations for the said Products, shall for all times and forever

            shall remain the sole and exclusive property of FDC, and Spectrum

             shall not have any claim, right, title or interest of whatsoever in

            the same.

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      d)     It is hereby clarified and agreed to by and between the Parties that

            the costs of such regulatory approval, incurred in the United

            States, for the said products, shall be borne solely and exclusively

            by SPECTRUM.

 

      e)     To provide all technical information and documents in respect of the

            said products as may be required to facilitate regulatory approval,

            distribution and marketing of the said products by SPECTRUM in

            United States of America. FDC will also provide to Spectrum a

            protocol or method of assay of all ingredients. The stability or

            shelf-life of finished products will be for a minimum of 2 years. It

            is hereby clarified and agreed to by and between the Parties that

            the costs of producing and providing such technical information for

            the said products shall be borne solely and exclusively by FDC.

 

      f)     To manufacture the said Products from time to time, either directly

            or indirectly through any of its subsidiaries or group companies or

             any other third parties in such quantities as may be required to

            enable the fulfillment of the orders placed by SPECTRUM from time to

            time.

 

      g)     To maintain high standards in manufacturing the said products, and

             to produce quality products as per quality specifications

            established by FDC, confirming to B.P./U.S.P. Pharmaceutical

            specifications.

 

      h)     To comply with the applicable US regulations contained in 21 CFR -

            Sections 210 and 211, to the extent the same is not contrary to

            provisions of Indian law.

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      (i)    To procure the raw material for the manufacture of the said products

            from the suppliers whose manufacturing plants have been approved by

            the FDA, as applicable.

 

      j)     FDC will carryout all manufacturing/packaging activities in the

            manufacturing facilities duly approved by the FDA, whether such

             facilities be of FDC or any subsidiary, group concern or any other

            person in India.

 

      k)     Any deficiencies noted during an FDA audit, of the

            manufacturing/packaging plant in India will be remedied immediately

            by FDC and the total cost of such remediation shall be borne by FDC.

 

      3.2    RECORDS AND REPORTS

 

      a)     FDC shall ensure that all Records that may reasonably be expected to

            relate to any regulatory process in the United States that may be

            applicable to the said Product from time to time, or that have been

            or may reasonably be expected to be used to support any regulatory

            submission made by SPECTRUM in the United States or elsewhere

            related to the said Product, are maintained as statutorily required,

            and in any event for a period of not less than 7 years following the

            completion of the applicable regulatory process, unless the parties

            hereto unanimously agree otherwise.

 

      b)     FDC agrees to provide SPECTRUM with copies of such Records required

            to be maintained under Section 3.2(a) as SPECTRUM may reasonably

            request from time to time. All such copies shall be delivered to

             SPECTRUM within twenty-one (21) days of receipt of a request for

            copies.

 

      c)     FDC and SPECTRUM will jointly identify the drugs/products for the

            US market, depending upon the manufacturing/development

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            capabilities of FDC and regulatory approval and sales potential in

            the US. Once the decision has been made the regulatory process for

            filing ANDA will begin by both the companies. FDC will provide to

            SPECTRUM all data and information related to such Product or

            Products as SPECTRUM shall reasonably request that is in the

            possession of FDC o


 
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