E XHIBIT 10.2
C ONFIDENTIAL
E XECUTION C OPY
[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
COLLABORATION
AGREEMENT
T HIS C OLLABORATION A GREEMENT (the “ Agreement ”) is made
and entered into as of May 27, 2009 (the “ Effective
Date ”) by and between E XELIXIS , I NC ., a
Delaware corporation having an address at 170 Harbor Way, P.O. Box
511, South San Francisco, California 94083-0511 (“
Exelixis ”), and S ANOFI -A VENTIS , a French company, having an address at 174,
Avenue de France, 75013 Paris, France (“
Sanofi-Aventis ”). Exelixis and Sanofi-Aventis are
sometimes referred to herein individually as a “ Party
” and collectively as the “ Parties
”.
R ECITALS
A. Sanofi-Aventis is a leading pharmaceutical
company committed to researching, developing, manufacturing and
marketing novel products of high therapeutic value for human and
veterinary medicine.
B. Exelixis is a biotechnology company that has
technology and expertise relating to the discovery and development
of therapeutics that modulate signal transduction pathways involved
in oncology and other disease areas.
C. Sanofi-Aventis and Exelixis desire to establish
a collaboration to apply their respective technology and expertise
in isoform-specific Class I phosphoinositide-3-kinases for the
development and commercialization of novel therapeutic and
prophylactic products based on such compounds.
N OW ,
T HEREFORE
, the Parties agree as follows:
Capitalized terms used in this
Agreement (other than the headings of the Sections or Articles)
have the following meanings set forth in this Article 1, or, if not
listed in this Article 1, the meanings as designated in the text of
this Agreement.
1.1
“Affiliate” means, with respect to a particular Party, a
person, corporation, partnership, or other entity that controls, is
controlled by or is under common control with such Party. For the
purposes of the definition in this Section 1.1, the word
“ control ” (including, with correlative
meaning, the terms “ controlled by ” or “
under the common control with ”) means the actual
power, either directly or indirectly through one (1) or more
intermediaries, to direct or cause the direction of the management
and policies of such entity, whether by the ownership of at least
fifty percent (50%) of the voting stock of such entity, or by
contract or otherwise.
1.2 “Alliance
Manager” has the
meaning set forth in Section 4.5(a).
1.3 “Annual Development Plan” has
the meaning set forth in Section 5.3(a).
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1.4 “Approved Plan” means, with
respect to a Product, any one or more of the Initial Development
Plans and each Annual Development Plan, in each case as adopted or
approved under the terms of this Agreement.
1.5 “Calendar
Half” means any
consecutive 6-month period ending June 30 or
December 31.
1.6 “Calendar Quarter” means any
consecutive 3-month period ending
March 31, June 30, September 30 or
December 31.
1.7 “Calendar Year” means any
consecutive 12-month period ending December 31.
1.8 “Clinical Supply
Requirements” means the quantities of the Product which are
required by a Party or the Parties for the Development of a Product
under this Agreement, including, without limitation, the conduct of
research, pre-clinical studies and clinical trials in connection
with each Annual Development Plan.
1.9 “ CMC
Activities” has the
meaning set forth in Section 7.2(b).
1.10 “Collaboration” means all the
activities performed by or on behalf of either Exelixis or
Sanofi-Aventis in the course of performing work contemplated in
Articles 2, 3, 4, 5, 6 and 7.
1.11 “Collaboration Compound”
means: (a) Lead Compounds; (b) Development Candidates; or
(c) any isomer, racemate, salt, solvate, hydrate, metabolite,
conjugate, co-crystals, polymorphs, ester, or prodrug of the
compounds set forth in clause (a) or (b) of this
definition.
1.12 “Collaborative
Research Term” shall mean the period beginning on the
Effective Date and continuing until the third
(3rd) anniversary of the Effective Date. The Collaborative
Research Term may be further extended beyond its initial period
pursuant to Section 2.5 or upon the mutual written agreement
of the Parties.
1.13 “Commercialize” means to
promote, market, distribute, sell (and offer for sale or contract
to sell) or provide product support for a Product, including by way
of example: (a) detailing and other promotional activities in
support of a Product; (b) advertising and public relations in
support of a Product, including market research, development and
distribution of selling, advertising and promotional materials,
field literature, direct-to-consumer advertising campaigns,
media/journal advertising, and exhibiting at seminars and
conventions; (c) developing reimbursement programs and
information and data specifically intended for national accounts,
managed care organizations, governmental agencies (e.g., federal,
state and local), and other group purchasing organizations,
including pull-through activities; (d) other co-promotion
activities not included in the above; (e) conducting medical
education activities and journal advertising; and (f) [ * ].
For clarity, “Commercializing” and
“Commercialization” have a correlative
meaning.
1.14
“Committee” means the JEC or JRDC, as the case may
be.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
1.15 “Confidential
Information” has
the meaning set forth in Section 11.1.
1.16 “Contractual Joint
Patent” means any
Exelixis Patent, Sanofi-Aventis Patent or Joint Invention Patent
that [ * ].
1.17 “Controlled” means, with
respect to any compound, material, Information or intellectual
property right, that the Party owns or has a license to such
compound, material, Information or intellectual property right and
has the ability to grant to the other Party access, a license or a
sublicense (as applicable) to such compound, material, Information
or intellectual property right as provided for herein without
violating the terms of any agreement or other arrangements with any
Third Party existing at the time such Party would be first required
hereunder to grant the other Party such access, license or
sublicense.
1.18 “Development” means, with
respect to a Product, those activities, including clinical
development activities, clinical trials, supporting manufacturing
activities and related regulatory activities, that are [ * ] to:
(a) obtain, from the appropriate Regulatory Authorities, the
Regulatory Approvals with respect to such Product in the applicable
regulatory jurisdiction, whether alone or for use together, or in
combination, with another active agent or pharmaceutical product;
and (b) maintain such Regulatory Approvals. To avoid
confusion, Development does not include [ * ]. For clarity,
“Develop” and “Developing”
have a correlative meaning.
1.19 “Development
Candidate” means
any former Lead Compound that: (a) is a PI3K
a
Selective Inhibitor, PI3Kß
Selective Inhibitor, PI3K a /ß Inhibitor, PI3K a /mTOR Inhibitor, PI3Kß/mTOR Inhibitor, or
PI3K a /ß/mTOR Inhibitor; (b) has met the
Development Candidate Criteria set forth in the Research Plan (or
has otherwise been nominated by the JRDC pursuant to
Section 2.3(e)); and (c) [ * ]. For clarity, a Lead
Compound ceases to be a Lead Compound after it has been approved as
a Development Candidate.
1.20 “Development Candidate
Nomination Criteria” has the meaning set forth in Section 5 of
Exhibit 2.2 .
1.21 “Diligent Efforts” means the
carrying out of obligations or tasks by a Party in a sustained
manner using good faith commercially reasonable and diligent
efforts, which efforts shall be consistent with the exercise of
prudent scientific and business judgment in accordance with the
efforts such Party devotes to products or research or development
projects owned by it of similar scientific and commercial
potential. Diligent Efforts shall be [ * ].
1.22
“Dollars” or
“$” means the legal tender of the United States
of America.
1.23 “Drug Approval
Application” or
“ DAA ” means: in any country or regulatory
jurisdiction, the application for Regulatory Approval required for
commercial sale or use of a Product (or with respect to a
subsequent Indication) in such country or regulatory
jurisdiction.
1.24 “Exelixis Clinical
Trials” means the
clinical trials that are carried out by Exelixis for each Product
and that are described in the Global Development Plan or each
Annual Development Plan, and any other trials that are designated
as Exelixis Clinical Trials by the JRDC.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
1.25 “Exelixis Development
Expenses” means
those costs and expenses incurred by Exelixis directly in
connection with the Development of a Product in accordance with
this Agreement and the applicable Annual Development Plan,
including without limitation:
(i) all Out-of-Pocket Costs, including, without
limitation, fees and expenses associated with the conduct of
Exelixis Clinical Trials or any other mutually agreed Development
activities with respect to a Product (e.g., fees paid to CROs,
purchase of comparator or placebo);
(ii) Exelixis FTE Costs; and
(iii) any other costs or expenses [ * ] incurred in
connection with any other mutually agreed research or Development
activities of Exelixis with respect to a Product.
1.26 “Exelixis FTE
Cost” means, for
all Development activities performed by Exelixis in accordance with
the Annual Development Plan(s), the amount equal to (a) the
number of FTEs required for such Development activity as set forth
in the approved Annual Development Plan multiplied by (b) the
Exelixis FTE Rate. For the avoidance of doubt, the activity of
contract personnel shall be charged as Out-of-Pocket
Costs.
1.27 “Exelixis FTE
Rate” means [ * ],
subject to adjustment in accordance with
Section 5.5(d).
1.28 “Exelixis
Know-How” means all
Information Controlled by Exelixis (other than Exelixis Patents)
and its Affiliates as of the Effective Date or during the Term
that: (a) covers a Collaboration Compound, a composition
containing a Collaboration Compound, a formulation containing a
Collaboration Compound, or the manufacture or use of a
Collaboration Compound; and (b) is [ * ] for Sanofi-Aventis to
exercise the rights licensed to it under the Agreement or to
perform its obligations under the Agreement.
1.29 “Exelixis
Patents” means all
Patents Controlled by Exelixis and its Affiliates, as of the
Effective Date or during the Term, including Sole Invention Patents
Controlled by Exelixis that: (a) cover a Collaboration
Compound, a composition containing a Collaboration Compound, a
formulation containing a Collaboration Compound, or the manufacture
or use of a Collaboration Compound; and (b) are [ * ] for
Sanofi-Aventis to exercise the rights licensed to it under the
Agreement or to perform its obligations to the Collaboration under
the Agreement.
1.30 “Exelixis Prosecuted
Patents” has the
meaning set forth in Section 10.3(a)(i).
1.31 “FDA”
means the United States Food and
Drug Administration, and any successor thereto.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
1.32 “FTE”
means the equivalent of the work of
one (1) employee full time for one (1) year consisting of
a total of [ * ] hours per year directly related to the research or
Development of any Pre-Lead Compound, Lead Compound, Development
Candidate, or Product or any other activities contemplated under
this Agreement. Any individual who devotes less than [ * ] hours
per year (or such other number as may be agreed by the JEC) shall
be treated as an FTE on a pro-rata basis upon the number of hours
worked (based on Exelixis’ internal methodology for
calculating the number of hours that comprises an FTE) divided by [
* ] hours.
1.33 “Generic
Product” means,
with respect to a given Product in a given country, any
pharmaceutical product that: (a) is marketed for sale in such
country by a Third Party; (b) contains as active
pharmaceutical ingredient [ * ]; and (c) [ * ]. With respect
to a Product that is [ * ], a Generic Product shall, for purposes
of this paragraph, contain as active pharmaceutical ingredients [ *
], and meet the conditions defined in (a) and
(c) above.
1.34 “GAAP” means United States
generally accepted accounting principles, as they exist from time
to time, consistently applied.
1.35
“IFRS” means
International Financial Reporting Standards, as they exist from
time to time, consistently applied.
1.36 “IND”
means an Investigational New Drug
Application submitted to the FDA in conformance with applicable
laws and regulations, or the foreign equivalent of any such
application in any other country.
1.37 “IND Submission
Criteria” has the
meaning set forth in Section 7 of Exhibit 2.2
.
1.38
“Indication” means:
(a) with respect to the oncology therapeutic area, [
* ] (for clarification purposes, (i) [ * ]; and (ii) [ *
]); or,
(b) any disease in therapeutic areas other than
oncology.
1.39 “Information” means
information, results and data of any type whatsoever, in any
tangible or intangible form whatsoever, including, databases,
practices, methods, techniques, specifications, formulations,
formulae, knowledge, know-how, skill, experience, test data
including pharmacological, biological, chemical, biochemical,
toxicological and clinical test data, analytical and quality
control data, stability data, studies and procedures. For clarity,
Information excludes any Patents.
1.40 “Initial Development
Plan” has the
meaning set forth in Section 5.2(a).
1.41 “Invention” means any and all
inventions and improvements conceived or reduced to practice by or
on behalf of a Party or the Parties jointly in the performance of
its obligations, or the exercise of its rights, under this
Agreement.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
1.42 “Joint Executive
Committee” or
“JEC” has the meaning set forth in
Section 4.1(a).
1.43 “Joint Research & Development
Committee” or “JRDC” has the meaning
set forth in Section 4.1(a).
1.44 “Joint
Invention” means
any Invention conceived and/or reduced to practice jointly by or on
behalf of both Parties.
1.45 “Joint Invention
Patent” means
(i) a Patent that claims a Joint Invention or (ii) a
Contractual Joint Patent.
1.46 “Knowledge” means, with
respect of a Party, the [ * ] facts and information in the
possession of [ * ] of such Party, or any [ * ], or [ * ], such
Party or its Affiliates, [ * ] execution of this Agreement. For
purposes of this definition, [ * ] means any person in the [
* ] of a Party.
1.47
“Launch” means, for each Product in each country, the
first arm’s-length sale to a Third Party for use or
consumption by the public of such Product in such country after
Regulatory Approval of such Product in such country. A Launch shall
not include any Product sold for use in clinical trials, for
research or for other non-commercial uses, or [ * ].
1.48 “Lead Compound” means any:
(a) former Pre-Lead Compound that: (i) is a PI3K
a
Selective Inhibitor, PI3Kß
Selective Inhibitor, PI3K a /ß Inhibitor, PI3K a /mTOR Inhibitor, PI3Kß/mTOR Inhibitor, or
PI3K a /ß/mTOR Inhibitor; (ii) has met the
Lead Compound Nomination Criteria set forth in the Research Plan
(or has otherwise been nominated by the JRDC pursuant to
Section 2.3(c)); and (iii) has been approved by the JRDC
pursuant to Section 2.3(c); or (b) small molecule
compound Controlled by a Party that: (i) is [ * ];
(ii) is a PI3K a Selective Inhibitor, PI3Kß Selective
Inhibitor, PI3K a /ß Inhibitor, PI3K a /mTOR Inhibitor, PI3Kß/mTOR Inhibitor, or
PI3K a /ß/mTOR Inhibitor; (iii) has met the
Lead Compound Nomination Criteria set forth in the Research Plan
(or has otherwise been nominated by the JRDC pursuant to
Section 2.3(c)); and (iv) has been approved by the JRDC
pursuant to Section 2.3(c). For clarity, [ * ].
1.49 “Lead Compound
Nomination Criteria” has the meaning set forth in Section 3 of
Exhibit 2.2 .
1.50 “Lead Development
Party” has the
meaning set forth in Section 5.1.
1.51 “Lead Optimization
Responsibilities” has the meaning set forth in Section 4 of
Exhibit 2.2 .
1.52
“Losses” has
the meaning set forth in Section 14.1.
1.53 “MAD”
has the meaning set forth in the
definition of “Transfer Date” .
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
1.54 “Major European
Countries” means
France, Germany, Italy, Spain and the United Kingdom.
1.55 “Major Territory” means each
of the following territories: [ * ].
1.56
“Manufacturing” means all activities related to the production,
manufacture, processing, filling, finishing, packaging, labeling,
inspection, receiving, holding and shipping of Collaboration
Compounds, Products, or any raw materials or packaging materials
with respect thereto, or any intermediate of any of the foregoing,
including process and cost optimization, process qualification and
validation, commercial manufacture, stability and release testing,
quality assurance and quality control. For clarity, “
Manufacture ” has a correlative meaning.
1.57 “ MTD ” has the meaning set
forth in the definition of “ Transfer Date
”.
1.58 “mTOR
” means: (a) the gene for
[ * ]; (b) the protein encoded by such gene; and (c) all
[ * ].
1.59 “Net
Sales” means the
amount invoiced or otherwise billed by Sanofi-Aventis or its
Affiliate or sublicensee for sales or other commercial disposition
of a Product to a Third Party purchaser, less the following to the
extent included in such billing or otherwise actually allowed or
incurred with respect to such sales: (a) discounts, including
cash, trade and quantity discounts, price reduction programs,
retroactive price adjustments with respect to sales of a Product,
charge-back payments and rebates granted to managed health care
organizations or to federal, state and local governments (or their
respective agencies, purchasers and reimbursers) or to trade
customers, including but not limited to, wholesalers and chain and
pharmacy buying groups; (b) credits or allowances actually
granted upon rejections or returns of Products, including for
recalls or damaged goods; (c) freight, postage, shipping and
insurance charges actually allowed or paid for delivery of
Products, to the extent billed; (d) customs duties, surcharges
and other governmental charges incurred in connection with the
exportation or importation of a Product; (e) bad debts
relating to sales of Products that are actually written off by
Sanofi-Aventis in accordance with IFRS, consistently applied,
during the applicable royalty calculation period; and
(f) taxes, duties or other governmental charges levied on,
absorbed or otherwise imposed on sale of Products, including
value-added taxes, or other governmental charges otherwise measured
by the billing amount, when included in billing, as adjusted for
rebates and refunds, but specifically excluding taxes based on net
income of the seller; provided that all of the foregoing deductions
are calculated in accordance with IFRS.
Notwithstanding the foregoing, if
any Product is sold [ * ], then, solely for the purpose of
calculating Net Sales for royalty purposes hereunder, any [ * ] on
such Products [ * ] shall be [ * ] for the applicable accounting
period. In case of any dispute as to the applicable [ * ] under the
preceding sentence, the determination of same shall be calculated
and certified by [ * ], whose decision shall be binding.
A sale of a Product is deemed to
occur upon invoicing. [ * ].
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
For sake of clarity and avoidance of doubt,
sales by Sanofi-Aventis, its Affiliates or sublicensees of a
Product to [ * ]. Any Products [ * ] considered in determining Net
Sales hereunder.
In the event a Product is sold as an
end-user product consisting of a combination of active functional
elements or as a combined product and/or service, Net Sales, for
purposes of determining royalty payments on such Product, shall be
calculated by multiplying the Net Sales of the end-user product
and/or service by the fraction A over A+B, in which A is the gross
selling price of the Product portion of the end-user product and/or
service when such Product is sold separately during the applicable
accounting period in which the sales of the end-user product were
made, and B is the gross selling price of the other active elements
and/or service, as the case may be, of the end-user product and/or
service sold separately during the accounting period in question.
All gross selling prices of the elements of such end-user product
and/or service shall be calculated as the average gross selling
price of the said elements during the applicable accounting period
for which the Net Sales are being calculated. In the event that, in
any country or countries, no separate sale of either such
above-designated Product or such above designated elements of the
end-user product and/or service are made during the accounting
period in which the sale was made or if gross retail selling price
for an active functional element, component or service, as the case
may be, cannot be determined for an accounting period, Net Sales
allocable to the Product in each such country shall be determined
by mutual agreement reached in good faith by the Parties prior to
the end of the accounting period in question based on an equitable
method of determining same that takes into account, on a
country-by-country basis, variations in potency, the relative
contribution of each active agent, component or service, as the
case may be, in the combination, and relative value to the end user
of each active agent, component or service, as the case may be.
Notwithstanding the foregoing, the Parties agree that, for purposes
of this paragraph, adjuvants, mechanical but not chemical drug
delivery devices, and excipients shall not be deemed to be “
active ingredients ” or “ active functional
elements ”. For clarity, [ * ] such as, without
limitation, [ * ] to be “ active ingredients ”
or “ active functional elements ” for purposes
of this paragraph.
1.60 “Out-of-Pocket
Costs” means costs
and expenses paid to Third Parties (or payable to Third Parties and
accrued in accordance with GAAP) by Exelixis and/or its Affiliates,
if applicable.
1.61 “Party
Vote” has the
meaning set forth in Section 4.4(c)(i).
1.62
“Patent” means all: (a) unexpired letters patent
(including inventor’s certificates) which have not been held
invalid or unenforceable by a court of competent jurisdiction from
which no appeal can be taken or has been taken within the required
time period (and which have not been admitted to be invalid or
unenforceable through reissue, disclaimer or otherwise, or been
abandoned in accordance with or as permitted by the terms of this
Agreement or by mutual written agreement), including any
substitution, extension, registration, confirmation, reissue,
re-examination, supplementary protection certificates, confirmation
patents, patent of additions, renewal or any like filing thereof;
(b) pending applications for letters patent which have not
been canceled, withdrawn from consideration, finally determined to
be unallowable by the applicable governmental authority or court
for whatever reason (and from which no appeal is or can be taken),
and/or abandoned in accordance with or as permitted by the terms of
this Agreement or by mutual written consent, including any
continuation, division or continuation-in-part thereof and any
provisional applications; and (c) any international
counterparts to (a) and (b) above.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
1.63 “Phase I Clinical
Trial” means a
clinical trial that generally provides for the first introduction
into humans of a Product, with a primary purpose of determining
safety, metabolism and pharmacokinetic properties and clinical
pharmacology of such Product, and generally consistent with 21 CFR
§ 312.21(a), as amended (or its successor regulation), or
other comparable regulation imposed by a Regulatory Authority in
any country.
1.64 “Phase I/II Clinical
Trial” means a
human clinical trial of a Product, which trial satisfies the
requirements for a Phase I Clinical Trial and for a Phase II
Clinical Trial.
1.65 “Phase II Clinical
Trial” means a
human clinical trial of a Product, the principal purpose of which
is to make a preliminary determination that such Product is safe
for its intended use and to obtain sufficient information about
such Product’s efficacy to permit the design of further
clinical trials, and generally consistent with 21 CFR §
312.21(b), as amended (or its successor regulation), or other
comparable regulation imposed by a Regulatory Authority in any
country.
1.66 “Phase II/III Clinical
Trial” means a
human clinical trial of a Product, that satisfies the requirements
for a Phase II Clinical Trial and for a Phase III Clinical
Trial.
1.67 “Phase III Clinical
Trial” means a
pivotal human clinical trial of a Product, which trial is designed
to: (a) establish that such Product is safe and efficacious
for its intended use; (b) define warnings, precautions and
adverse reactions that are associated with such Product in the
dosage range to be prescribed; (c) support Regulatory Approval
of such Product; and (d) be generally consistent with 21 CFR
§ 312.21(c), as amended (or its successor regulation), or
other comparable regulation imposed by a Regulatory Authority in
any country.
1.68 “Phase IIIB Clinical
Trial” means a
clinical trial of a Product, initiated before regulatory approval
and is not required for same, but which may provide data that
further defines how and where the drug should be used. A Phase IIIB
Clinical Trial may include epidemiological studies, modeling and
pharmacoeconomic studies, and investigator-sponsored clinical
trials that are approved by the JRDC and that otherwise fit the
foregoing definition.
1.69 “Phase IV Clinical
Trial” means a
product support clinical trial of a Product commenced after receipt
of Regulatory Approval in the country where such trial is
conducted. A Phase IV Clinical Trial may include epidemiological
studies, modeling and pharmacoeconomic studies, and
investigator-sponsored clinical trials studying Product that are
approved by the JRDC and that otherwise fit the foregoing
definition.
1.70 “PI3K” means: (a) the
gene encoding [ * ]; (b) the protein encoded by such gene; and
(c) all [ * ]. For the purposes of this Agreement the term
“ PI3K ” refers to [ * ].
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
1.71 “PI3K a Selective Inhibitor”
means a small molecule compound
that: (a) inhibits PI3K a at the applicable Target Potency Threshold; and
(b) meets the applicable Target Specificity
Threshold.
1.72 “PI3K a /ß Inhibitor”
means a small molecule compound
that: (a) inhibits PI3K a and PI3Kß at the applicable Target Potency
Threshold; and (b) meets the applicable Target Specificity
Threshold.
1.73 “PI3K a /ß/mTOR Inhibitor”
means a small molecule compound
that: (a) inhibits PI3K a , PI3Kß and mTOR at the applicable Target
Potency Threshold; and (b) meets the applicable Target
Specificity Threshold.
1.74 “PI3K a /mTOR Inhibitor” means a small molecule compound that:
(a) inhibits PI3K a and mTOR at the applicable Target Potency
Threshold; and (b) meets the applicable Target Specificity
Threshold.
1.75 “PI3Kß Selective
Inhibitor” means a
small molecule compound that: (a) inhibits PI3Kß at the
applicable Target Potency Threshold; and (b) meets the
applicable Target Specificity Threshold.
1.76 “PI3Kß/mTOR
Inhibitor” means a
small molecule compound that: (a) inhibits PI3Kß and
mTOR at the applicable Target Potency Threshold; and (b) meets
the applicable Target Specificity Threshold.
1.77 “Pre-Lead
Compound” means a
small molecule compound that: (a) [ * ]; (b) such Party
has [ * ] (as applicable); (c) meets the Pre-Lead Criteria set
forth in the Research Plan; and (d) is [ * ] to the JRDC for
inclusion under the Agreement as a Collaboration
Compound.
1.78 “Pre-Lead Criteria” has the
meaning set forth in Section 2 of Exhibit 2.2
.
1.79 “Product” means any
therapeutic or prophylactic product (for use in animals or humans)
in bulk or finished form that comprises or incorporates any [ *
].
1.80 “Regulatory Approval” means
any and all approvals (including supplements, amendments, pre- and
post-approvals, pricing and reimbursement approvals), licenses,
registrations or authorizations of any national, supra-national
(e.g., the European Medicines Agency (“ EMEA
”)), regional, state or local regulatory agency, department,
bureau, commission, council or other governmental entity, that are
necessary for the manufacture, distribution, use or sale of a
Product in a regulatory jurisdiction.
1.81 “Regulatory
Authority” means
the applicable national (e.g., the FDA), supra-national (e.g., the
EMEA), regional, state or local regulatory agency, department,
bureau, commission, council or other governmental entity that, in
each case, governs the Regulatory Approval of a Product in such
applicable regulatory jurisdiction.
1.82 “Research Plan” has the
meaning set forth in Section 2.2.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
1.83 “Royalty
Term” has the
meaning set forth in Section 9.5.
1.84 “[ *
]” has the meaning
set forth in Section 4.4(c)(iv).
1.85 “Sanofi-Aventis Know-How”
means all Information Controlled by Sanofi-Aventis (other than
Sanofi-Aventis Patents) and its Affiliates as of the Effective Date
or during the Term, that: (a) covers a Collaboration Compound,
a composition containing a Collaboration Compound, a formulation
containing a Collaboration Compound, or the manufacture or use of a
Collaboration Compound; and (b) is [ * ] for Exelixis to
exercise the rights licensed to it under the Agreement or to
perform its obligations under the Agreement.
1.86 “Sanofi-Aventis Patents”
means all Patents Controlled by Sanofi-Aventis and its Affiliates
(including Sanofi-Aventis’ Sole Invention Patents but
excluding Exelixis Patents), as of the Effective Date or during the
Term, including any Sole Invention Patents Controlled by
Sanofi-Aventis, that: (a) cover a Collaboration Compound, a
composition containing a Collaboration Compound, a formulation
containing a Collaboration Compound, or the manufacture or use of a
Collaboration Compound; and (b) are [ * ] for Exelixis to
exercise the rights licensed to it under the Agreement or to
perform its obligations under the Agreement.
1.87 “SAR”
has the meaning set forth in
Section 2.3(b).
1.88 “Selectivity
Panel” has the
meaning described in Exhibit 1.88 .
1.89 “Sole Invention” means any
Invention conceived and reduced to practice solely by or on behalf
of a Party during the Term.
1.90 “Sole Invention
Patent” means a
Patent that claims a Sole Invention.
1.91 “Target Potency
Threshold” has the
meaning set forth in Exhibit 1.91 .
1.92 “Target Specificity
Threshold” has the
meaning set forth in Exhibit 1.92 .
1.93
“Term” has
the meaning set forth in Section 12.1.
1.94 “Third Party” means any
person or entity other than: (a) Exelixis;
(b) Sanofi-Aventis; or (c) an Affiliate of either
Party.
1.95 “Transfer
Date” for a given
Exelixis Clinical Trial with respect to any given Product means:
(a) the date on which Exelixis notifies Sanofi-Aventis of the
first occurrence of any of the following events: (i) [ * ];
and (ii) [ * ]; or (b) the date on which [ *
].
1.96 “Upstate Panel” has the
meaning described in Exhibit 1.88 .
1.97 “Valid Claim” means
(a) a claim in an issued Patent that has not: (i) expired
or been canceled; (ii) been declared invalid by an unreversed
and unappealable or unappealed decision of a court or other
appropriate body of competent jurisdiction; (iii) been
admitted to be
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
invalid or unenforceable through reissue,
disclaimer or otherwise; or (iv) been abandoned in accordance
with or as permitted by the terms of this Agreement or by mutual
written agreement of the Parties; or (b) a claim under an
application for a Patent that has been pending [ * ], and which has
not been canceled, withdrawn from consideration, finally determined
to be unallowable by the applicable governmental authority or court
for whatever reason (and from which no appeal is or can be taken),
or abandoned.
1.98 “Working Group” has the
meaning set forth in Section 4.4(f).
2.1 Overview; Guidelines; and
Independence.
(a) Overview.
The Parties desire to apply their
respective technology and expertise to discover, optimize and
advance Collaboration Compounds that are a PI3K a Selective Inhibitor, PI3K b Selective Inhibitor, PI3K a / b Inhibitor, PI3K a /mTOR Inhibitor, PI3K b /mTOR Inhibitor, or PI3K a / b /mTOR Inhibitor so that such Collaboration
Compounds may be Developed into Products and Commercialized by
Sanofi-Aventis. As a general goal, the Parties intend to advance [
* ] Lead Compounds as Development Candidates, and to submit [ * ]
INDs on Development Candidates ([ * ]), during the Collaborative
Research Term. The Parties agree that failure to advance [ * ] such
Lead Compounds as Development Candidates, or failure to submit [ *
] such INDs on Development Candidates shall not be treated as a
breach of this Agreement. Each Party shall have responsibilities
under the Collaboration in accordance with the allocation of duties
set forth in the Research Plan, including responsibilities for lead
optimization, preclinical development of Collaboration Compounds,
and conduct of [ * ] Clinical Trial(s) for such Collaboration
Compounds.
(b) Resources.
Each Party shall assign
responsibilities for the various operational aspects of the
Collaboration to those portions of its organization that have the
appropriate resources, expertise and responsibility for such
functions and, consistent with this Agreement, treat each Pre-Lead
Compound, Lead Compound or Development Candidate as if it were a
proprietary compound solely of its own organization. In all matters
related to the Collaboration, the Parties shall strive to balance
as best as they can the legitimate interests and concerns of the
Parties and to realize the full economic potential of each Product
(taking into account the risks and costs of further Development and
Commercialization). Notwithstanding anything to the contrary,
during the Collaborative Research Term, Exelixis shall allocate and
utilize [ * ] FTEs per year, [ * ] to fulfilling its obligations
under the Research Plan, and Sanofi-Aventis shall allocate [ * ] to
perform its obligations under the Research Plan.
2.2 Research Plan.
The Parties have agreed in writing
upon an initial plan for the research to be carried out by the
Parties during the Collaborative Research Term, which is set forth
in the Exhibit 2.2 and incorporated herein by reference (the
“ Research Plan ”). The Research Plan includes
each Party’s respective obligations in furtherance of the
Collaboration
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
and timelines for completion of key stages. The
JRDC shall review the Research Plan at least [ * ] and may propose
to the JEC (for its review and approval) revised versions of the
Research Plan that do not contradict any terms of this Agreement.
Once approved by the JEC, such revised Research Plan shall replace
the prior Research Plan. If the terms of the Research Plan
contradict, or create inconsistencies or ambiguities with, the
terms of this Agreement, then the terms of this Agreement shall
govern.
2.3 Conduct of
Research.
(a) General. The Parties shall use Diligent
Efforts to conduct their respective tasks set forth in the Research
Plan and shall conduct the Collaboration in good scientific manner,
and in compliance in all material respects with the requirements of
applicable laws, rules and regulations and all applicable good
laboratory practices.
(b) Pre-Lead Discovery and Nomination. During
the Collaborative Research Term, each Party shall use Diligent
Efforts to [ * ]. Each Party shall [ * ] identification and
characterization (but not [ * ]) with the JRDC at each meeting.
Exhibit 2.3(b)(i) identifies (as of the Effective Date) a
list of compounds that [ * ], and Exhibit 2.3(b)(ii)
identifies (as of the Effective Date) a list of compounds that [ *
]. Once [ * ] a given compound meets the Pre-Lead Compound
Nomination Criteria identified in the Research Plan, then [ * ]
shall submit to the JRDC a data package (excluding [ * ]) for
nominating such compound as a Pre-Lead Compound. Alternatively, the
JRDC may request [ * ] to assemble and submit ([ * ]) a data
package (excluding [ * ]) for any PI3K a Selective Inhibitor, PI3K b Selective Inhibitor, PI3K a / b Inhibitor, PI3K a /mTOR Inhibitor, PI3K b /mTOR Inhibitor, or PI3K a / b mTOR Inhibitor that has been disclosed to the
JRDC by [ * ]. The JRDC shall review each data package submitted
for Pre-Lead Compound nomination and shall determine whether to
approve such compound as a Pre-Lead Compound. If the JRDC approves
such compound, then such compound shall be deemed to be a Pre-Lead
Compound. Upon such approval by the JRDC, the [ * ] for such
Pre-Lead Compound shall be [ * ]. If the JRDC does not approve a
compound as a Pre-Lead Compound, and the JRDC recommends that such
compound should be subject to additional work, then, [ * ];
provided, however, that the JRDC shall have the sole discretion to
prioritize such additional work relative to any work being
performed [ * ]. If the JRDC does not approve such compound as a
Pre-Lead Compound and does not recommend additional work, then such
compound shall [ * ] further research, develop or commercialize
such compound [ * ].
(c) Lead Discovery and Nomination. Once [ * ]
Pre-Lead Compound meets the Lead Compound Nomination Criteria
identified in the Research Plan, then [ * ] shall submit to the
JRDC a data package for such Pre-Lead Compound to be approved as a
Lead Compound by the JRDC. Alternatively, the JRDC may nominate a
Pre-Lead Compound for consideration to be a Lead Compound and
request [ * ] to assemble and submit ([ * ]) a data package for
such Pre-Lead Compound. The JRDC shall review each submitted data
package and shall determine whether to approve such Pre-Lead
Compound as a Lead Compound, provided, however, that prior to such
determination, [ * ] shall have the right to request and receive, [
* ]. If the JRDC approves such Pre-Lead Compound, then such
Pre-Lead Compound shall be deemed to be a Lead Compound, and shall
no longer be deemed to be a Pre-Lead Compound. If the JRDC
does
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
not approve a Pre-Lead Compound, and
the JRDC recommends that such Pre-Lead Compound should be subject
to additional work, then, [ * ]; provided, however, that the JRDC
shall have the sole discretion to prioritize such additional work
relative to any work being performed [ * ]. If JRDC does not
approve such Pre-Lead Compound and does not recommend additional
work, then such Pre-Lead Compound shall cease to be a Pre-Lead
Compound, and [ * ].
(d) Review of Lead
Compounds. As part of the
criteria for the submission of a Lead Compound for approval as a
Development Candidate, [ * ] review the results of all screening
assays for [ * ]. [ * ]. If [ * ], then [ * ]; provided,
however , that [ * ]. For clarity, (a) nothing in this
Section 2.3 shall be deemed to [ * ], and (b) [ * ]. In
the event that [ * ], then [ * ].
(e) Lead Optimization. During the
Collaborative Research Term, the JRDC shall review and prioritize
each Lead Compound on a regular basis, allocating the split of
responsibilities and resources between the Parties with the goal of
advancing a prioritized Lead Compound to Development Candidate by
the conduct of the Lead Optimization Responsibilities set forth in
the Research Plan, and the factors described below. In general, the
responsibilities for [ * ] of a Lead Compound and associated [ * ]
shall remain with [ * ]; provided, however , that the
Parties may agree to allocate some activities (and transfer Lead
Compounds) to [ * ]. During the Collaborative Research Term, each
Party shall [ * ] update the JRDC with the progress and results of
such conduct. The JRDC shall assess the status of the Lead
Compounds, and, if a Lead Compound meets the Development Candidate
Nomination Criteria, or if the JRDC otherwise determines that a
Lead Compound should be advanced as a Development Candidate for
preclinical development, then the JRDC shall nominate such Lead
Compound as a Development Candidate to [ * ]. [ * ] shall promptly
(and in good faith) review such nomination and determine whether
such Lead Compound shall be advanced for preclinical development by
becoming a Development Candidate. If [ * ] determines to approve
such Lead Compound as a Development Candidate, then [ * ] shall
promptly notify the JRDC, and such Lead Compound shall be deemed to
be a Development Candidate and shall no longer be deemed to be a
Lead Compound. [ * ] shall also determine which Party would be
responsible for CMC Activities, preclinical development, IND
submission and conduct of the first Phase I Clinical Trial for such
Development Candidate. If the JRDC decides not to nominate a Lead
Compound as a Development Candidate, or if [ * ] does not approve a
Lead Compound as a Development Candidate, and the JRDC [ * ]
recommends additional work to be performed on such Lead Compound,
then, [ * ] shall use Diligent Efforts to conduct such additional
work and re-submit such Lead Compound to the JRDC; provided,
however, that the JRDC shall have the sole discretion to prioritize
such additional work relative to any work being performed by such
Party under this Agreement.
(f) Preclinical Development and IND
Submission. After [ * ] determines to advance a Lead Compound
as a Development Candidate, [ * ] shall use Diligent Efforts during
the Collaborative Research Term to conduct the Preclinical
Development Activities set forth in the Research Plan. The JRDC
shall assess the status of such Preclinical Development Activities,
and, if a Development Candidate meets the IND Submission Criteria,
or if the JRDC otherwise determines that an IND should be submitted
for a Development Candidate, then the JRDC shall nominate such
Development Candidate for IND submission to [ * ]. [ * ] shall
promptly (and in
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
good faith) review such nomination
and determine whether an IND should be submitted for such
Development Candidate. If [ * ] determines that an IND should be
submitted, then [ * ] shall promptly notify the JRDC, and the Lead
Development Party shall prepare the Initial Development Plan and
Annual Development Plan pursuant to Article 5. After the Initial
Development Plan and Annual Development Plan are finalized, the
Lead Development Party shall use Diligent Efforts to prepare and
submit to the applicable Regulatory Authority the IND package for
such Development Candidate. If the JRDC determines that an IND
should not be submitted for a Development Candidate, or if [ * ]
determines not to submit an IND for a Development Candidate, but if
either the JRDC or [ * ] recommends that such Development Candidate
should be subject to additional work, then, [ * ] shall use
Diligent Efforts to conduct such additional work and re-submit such
Development Candidate to the JRDC [ * ]; provided, however, that
the JRDC shall have the sole discretion to prioritize such
additional work relative to any work being performed [ * ]. After
the INDs for at least [ * ] Development Candidates, have been
approved by the appropriate Regulatory Authority [ * ] shall have
any obligation to submit (or conduct any work related to the
submission of) any additional INDs for any other Development
Candidates, and [ * ] shall have any obligation to submit (or
conduct any work related to the submission of) any additional Lead
Compounds for advancement as Development Candidates.
(g) Expenses and
Reimbursement.
(i) Collaborative Research
Term. Subject to
Section 4.1(b)(ii) and Section 9.1(b), [ * ] shall bear [
* ] costs and expenses associated with each Collaboration Compound
for the conduct of [ * ] tasks described in the Research Plan,
until [ * ]. Such expenses shall include [ * ].
(ii) Development. Sanofi-Aventis shall bear
the costs and expense (and reimburse Exelixis) associated with
conducting clinical development of a Development Candidate incurred
after the approval of the applicable IND, including any Exelixis
Development Expenses incurred after the approval of the applicable
IND; provided, however, [ * ].
2.4 Information Exchange;
Reports. During the
Collaborative Research Term, each Party shall report to the JRDC no
less than [ * ] and shall submit to the other Party and the JRDC a
[ * ] written progress report summarizing the results and data
obtained from the conduct of the Research Plan. Notwithstanding
anything to the contrary in this Agreement, neither Party shall be
obligated to [ * ]. If reasonably necessary for a Party to perform
its work under the Research Plan or to exercise its rights under
the Agreement, such Party may request that the other Party provide
more detailed information and data regarding such results reported
by such other Party, and such other Party shall promptly provide
the requesting Party with information and data as is reasonably
related to such request, including any records created by a Party
pursuant to Section 13.3(c). All such reports shall be
considered Confidential Information of the Party providing
same.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
2.5 Option to Extend
Collaborative Research Term . Provided [ * ] is not [ * ], [ * ] shall have
the right to extend the Collaborative Research Term for an
additional [ * ] period, upon a minimum of [ * ] written notice
prior to the expiry of the Collaborative Research Term on the same
terms and conditions in this Agreement (except that [ * ] shall not
have the ability to make additional unilateral extensions to the
Collaborative Research Term). [ * ] may, at its option, request
that [ * ] execute an extension agreement in order to formalize the
extension of the Collaborative Research Term, but [ * ]. Subsequent
to such [ * ] extension, the Parties may extend the Collaborative
Research Term solely [ * ].
|
3.
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SANOFI-AVENTIS DEVELOPMENT AND COMMERCIALIZATION
RESPONSIBILITIES
|
3.1 Scope. Except for the Exelixis’
responsibilities under the Research Plan and the Exelixis Clinical
Trials, Sanofi-Aventis shall have sole control and responsibility
for the Development, Manufacture (including formulation, but
subject to Section 7.1) and Commercialization of all
Collaboration Compounds and/or Products. Sanofi-Aventis shall bear
all costs and expenses associated with, the Development,
Manufacture (including formulation) and Commercialization of all
Products unless otherwise provided herein.
3.2 Diligence.
During the Term, Sanofi-Aventis
shall use Diligent Efforts to Develop and Commercialize in each of
the Major Territories at least [ * ], provided however that
Sanofi-Aventis may satisfy such obligation by sublicensing the
Development and Commercialization of a Product to a Third Party
pursuant to the terms of this Agreement.
3.3 Discussion Opportunity. Exelixis may
notify Sanofi-Aventis in writing if Exelixis in good faith believes
that Sanofi-Aventis is not meeting its diligence obligations set
forth in Section 3.2, and the Parties shall meet and discuss
the matter in good faith. Exelixis may further request review of
Sanofi-Aventis’ records generated and maintained as required
under Section 3.4 below, to the extent those records relate to
Development, Manufacture and Commercialization of a
Product.
3.4 Reports. Beginning on with the first full
[ * ] that ends at least [ * ] after the JRDC and JEC are disbanded
pursuant to Section 4.1, and for each [ * ] thereafter during
the Term, Sanofi-Aventis shall submit to Exelixis a written
progress report summarizing the Development, Manufacturing, and
Commercialization of Products performed by Sanofi-Aventis. If [ * ]
for Exelixis to exercise its rights under this Agreement, Exelixis
may request that Sanofi-Aventis provide more detailed information
and data regarding such reports by Sanofi-Aventis, and
Sanofi-Aventis shall promptly provide Exelixis with information and
data as is reasonably related to such request, at Exelixis’
expense. All such reports shall be considered Confidential
Information of Sanofi-Aventis.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
4.1 Collaboration Governance and
Committee Structure.
(a) Role of Committees. Subject to
Section 4.1(b) and the other terms and conditions of this
Agreement, the Parties shall establish: (i) a joint executive
committee (the “ Joint Executive Committee ” or
“ JEC ”) that will oversee the Collaboration and
facilitate communications between the Parties with respect to the
discovery and Development of Products hereunder; and (ii) a
specialized joint committee (such committee, the “ Joint
Research & Development Committee ” or “
JRDC ”) focusing on each of the following areas
arising out of the Collaboration: (A) discovery and chemical
optimization of Collaboration Compounds up to Development Compound
nomination; and (B) Development (including preclinical
development) and Regulatory Approval of Products. Each Committee
shall have the responsibilities and authority allocated to it in
this Article 4 and elsewhere in this Agreement. It is contemplated
that: (X) all significant matters relating to the discovery,
lead optimization, preclinical and clinical Development of Products
under this Agreement will be addressed by the JRDC and, if
appropriate, by the JEC, as contemplated by Section 4.4(c);
and (Y) the Parties’ respective activities under this
Agreement will be reported to the relevant Committees in a
reasonable and appropriate level of detail. The JRDC shall provide,
on a [ * ] basis (unless otherwise requested by the JEC), updates
on its activities and achievements to the JEC for review and
comment. The Parties intend that their respective organizations
will work together to assure the success of the
Collaboration.
(b) Limitations on the Authority
of Committees. Notwithstanding the Committee structure
established pursuant to Section 4.1(a), each Party shall
retain the rights, powers and discretion granted to it under this
Agreement, and no such rights, powers, or discretion shall be
delegated to or vested in a Committee unless such delegation or
vesting of rights is expressly provided for in this Agreement or
the Parties expressly so agree in writing. Without limiting the
generality of the foregoing, no Committee shall have any authority
or jurisdiction to: (i) amend, modify, or waive compliance
with this Agreement, any of which shall require mutual written
agreement of the Parties; or (ii) require Exelixis to [ * ],
without the Parties’ prior written agreement.
(c) Discontinuation of
Participation on a Committee. Each Committee shall continue to exist until the
first to occur of: (i) the Parties mutually agreeing to
disband the Committee; or (ii) a Party providing to the other
Party written notice of its intention to disband and no longer
participate in such Committee. Once one Party has provided the
other Party written notice as referred to in subclause
(ii) above, such Committee shall have no further obligations
under this Agreement and such other Party receiving such notice
shall have the right to solely decide, without consultation, any
matters previously before such Committee, subject to the other
terms of this Agreement.
(d) Disbandment of JEC and
JRDC. The Parties hereby
agree that the JEC and the JRDC shall be disbanded within [ * ]
following the completion of any and all Development activities to
be performed by Exelixis hereunder, including but not limited to
the Exelixis Clinical Trials.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
4.2 Joint Executive
Committee.
(a) Formation and Purpose. Exelixis and
Sanofi-Aventis shall establish the JEC within [ * ] after the
Effective Date. Subject to Sections 4.1(b) and 4.4(c), the
JEC’s responsibilities shall be: (i) to determine the
strategy for the research and Development of Collaboration
Compounds and Products; (ii) to coordinate the Parties’
activities hereunder; and (iii) as applicable, to review,
comment on, approve, and resolve disputes with respect to the
foregoing matters or other matters which the Parties wish to bring
to the JEC, including the specific responsibilities of the JEC
outlined below. The JEC shall have the membership and shall operate
by the procedures set forth in Section 4.4.
(b) Specific Responsibilities of
the JEC. In
addition to its overall responsibility for the Collaboration, but
subject to Sections 4.1(b) and 4.4(c), the JEC shall, in
particular, have the following specific
responsibilities:
(i) Review and approve the research and Development
strategies for each Collaboration Compound and Product;
(ii) oversee the Parties’ activities
hereunder;
(iii) approve budgets for the Exelixis Development
Expenses;
(iv) review all significant and strategic issues
within the purview of the JRDC;
(v) oversee the Development of each Product pursuant
to its Initial Development Plan and respective Annual Development
Plan, up to the initiation of Phase III Clinical Trials;
(vi) review and approve any material amendments to
the Approved Plans and any other items submitted to the JEC by the
JRDC;
(vii) provide a forum for disputed matters within the
responsibilities of JRDC; and
(viii) such other responsibilities as may be assigned
to the JEC pursuant to the Agreement or as may be agreed between
the Parties from time to time.
4.3 Joint Research &
Development Committee.
(a) Formation and Purpose. Exelixis and
Sanofi-Aventis shall establish the JRDC within [ * ] after the
Effective Date, which Committee shall, subject to Sections 4.1(b)
and 4.4(c), oversee the discovery efforts and preclinical
development of Collaboration Compounds, as described in Article 2.
The JRDC shall have the membership and shall operate by the
procedures set forth in Section 4.3, and shall disband
subsequent to the Collaborative Research Term or otherwise at the
direction of the JEC.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(b) Specific Responsibilities of
the JRDC. In addition to
its overall responsibility described above, and subject to Sections
4.1(b) and 4.4(c), the JRDC shall, in particular, have the
following specific responsibilities:
(i) provide a forum for the Parties to report
progress with respect to discovery and preclinical development
activities and to allow the Parties to review and comment with
respect to such discovery activities;
(ii) determine which: (A) [ * ] will become
Pre-Lead Compounds; (B) Pre-Lead Compounds will become Lead
Compounds; and (C) Lead Compounds will be nominated [ * ] as
Development Candidates;
(iii) prioritize and allocate Party resources for lead
optimization projects as set forth in the Research Plan;
(iv) review and revise the Research Plan;
(v) determine which Development Candidates will be
nominated [ * ] for IND submission;
(vi) provide [ * ] with its recommendation as to
which Party it believes should be responsible for CMC Activities,
preclinical development, IND submission and conduct of Phase I
Clinical Trials for a Collaboration Compound (it being understood
that assignment of the foregoing responsibilities will be made by
Sanofi-Aventis);
(vii) monitor Development activities, including with
respect to operational matters such as enrollment strategies, site
selection, CRO contract strategies;
(viii) review and discuss the Initial Development Plan
and each Annual Development Plan;
(ix) review all material information generated in the
course of implementing the Initial Development Plan and the Annual
Development Plans;
(x) assist in coordinating scientific interactions
and division of responsibilities with respect to Development
activities, and resolving disagreements during the course of
implementing the Initial Development Plan and the Annual
Development Plans;
(xi) provide on a [ * ] basis updates on its
activities and achievements to the JEC for review and
comment;
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(xii) initiate a transfer of the IND for the Product
in an Exelixis Clinical Trial in advance of [ * ]; and
(xiii) such other responsibilities as may be assigned
to the JRDC pursuant to the Agreement or as may be agreed between
the Parties from time to time.
4.4 General Committee Membership
and Procedures.
(a) Membership. Each Committee shall be
composed of such number of representatives as may be agreed by the
Parties. Each of Sanofi-Aventis and Exelixis shall designate
representatives with appropriate expertise to serve as members of
each Committee. Each Party may replace its Committee
representatives at any time upon written notice to the other Party.
Each Committee shall have co-chairpersons. Sanofi-Aventis and
Exelixis shall each select from their representatives a
co-chairperson for each of the Committees, and each Party may
change its designated co-chairpersons from time to time upon
written notice to the other Party. The Alliance Managers shall be
responsible for calling meetings, preparing and circulating an
agenda in advance of each meeting of such Committee, and preparing
and issuing minutes of each meeting within [ * ] thereafter;
provided that a Committee co-chairperson shall call a meeting of
the applicable Committee promptly upon the written request of the
other co-chairperson to convene such a meeting. The minutes of each
meeting shall, among other things, record all matters acted upon
and approved or disapproved by the Committee, actions to be taken,
and any matters the Committee failed to resolve. Such minutes will
not be finalized until both Alliance Managers review and confirm in
writing the accuracy of such minutes.
(b) Meetings. Each Committee shall hold
meetings at such times as it elects to do so, but in no event shall
such meetings be held less frequently than once every [ * ] for the
JRDC, and once every [ * ] for the JEC. Each Committee shall meet
alternately at Exelixis’ facilities in South San Francisco,
California, and Sanofi-Aventis’ facilities in the Paris,
France metro area, or at such other locations as the Parties may
agree. The Alliance Managers shall, and other employees of each
Party involved in the discovery, preclinical development,
Development, Manufacture, or Commercialization of any Product may
as needed, attend meetings of each Committee (as nonvoting
participants unless they are members of such Committee), and
consultants, representatives or advisors involved in the discovery,
preclinical development, Development or Manufacture of any Product
may attend meetings of each Committee as nonvoting observers;
provided that such employees and Third Party representatives are
under obligations of confidentiality and non-use applicable to the
Confidential Information of each Party that are at least as
stringent as those set forth in Article 11, and in the case of
non-employees of a Party, subject to the consent of the other
Party, which shall not be unreasonably withheld or delayed. Each
Party shall be responsible for all of its own expenses of
participating in any Committee (including in any Working Group).
Meetings of any Committee may be held by audio or video
teleconference; provided that at least [ * ] per year of such
Committee shall be held in person. No action taken at any meeting
of a Committee shall be effective unless a representative of each
Party is participating.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(c)
Decision-Making.
(i) Voting on Committee Decisions.
Subject to Section 4.1(b), each Party’s designees
on a Committee shall, collectively, have one (1) vote (the
“ Party Vote ”) on all matters brought before
the Committee, which Party Vote shall be determined by [ * ] of
such Party’s designees present (in person or otherwise) at
the meeting. Except as expressly provided in this
Section 4.4(c) and subject to Section 4.1(b), each
Committee shall operate as to matters within its jurisdiction by
unanimous Party Vote. All decisions of a Committee shall be
documented in writing in the minutes of the applicable Committee
meeting by the Alliance Managers.
(ii) [ * ] Decisions. [ * ] shall be made by
Sanofi-Aventis; provided, however that, any [ * ], shall be made by
Exelixis. Any dispute regarding a decision made by [ * ] pursuant
to this paragraph shall first be referred to the Alliance Managers,
and, if the dispute is not resolved within [ * ] after such
referral to the Alliance Managers, then it shall, upon written
notice by a Party to the other, be referred to the JRDC and/or JEC
for resolution.
(iii) Disagreements on Committees. Except for
matters outside the jurisdiction and authority of the Committees
and in any event without limiting the other rights and obligations
of the Parties under this Agreement, any disagreement between the
designees of Sanofi-Aventis and Exelixis on the JRDC as to matters
within such Committee’s jurisdiction shall, at the election
of either Party, be addressed, first, with the Alliance Managers,
and, if the dispute is not resolved within [ * ] after such
referral to the Alliance Managers, then it shall, upon written
notice by a Party to the other, be submitted to the JEC for
resolution. If the JEC does not resolve any such matter submitted
to it for resolution within [ * ] after such submission, , then the
[ * ] co-chairperson of the JEC shall have the right to decide any
such matter, subject to Section 4.4(c)(iv).
(iv) [ * ]. [ * ] right to exercise final
decision-making authority pursuant to Section 4.4(c)(iii) ([ *
]) shall be subject to the following limitations:
(1) All [ * ] shall be made in good faith, with due
regard for the impact of such decisions on Products, and,
consistent in all material respects with the applicable Approved
Plan and the terms of this Agreement. No such decision by [ * ]
shall violate or breach any term or condition of this Agreement. [
* ] shall make all [ * ] only after [ * ] (through its JEC or JRDC
members, as applicable) on such matters and the [ * ], and in the
case of [ * ] made pursuant to Section [ * ], only after [ * ], and
the [ * ] on such matters, at a subsequent meeting.
(2) [ * ] shall have no right to make a [ * ]:
(A) on any matter that would require [ * ]; (B) on any
matter that would amend, violate or breach any provision of this
Agreement; (C) to change the [ * ]; (D) to change the [ *
]; (E) [ * ]; or (F) on any matter that would require [ *
]. Resolution of disputes relating to the foregoing matters shall
require mutual agreement of the Parties (except as otherwise
expressly set forth in this Agreement).
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(d) Meeting Agendas and
Minutes. Each Party shall
disclose to the other proposed agenda items along with appropriate
information at least [ * ] in advance of each meeting of the
applicable Committee; provided that under exigent
circumstances requiring Committee input, a Party may provide its
agenda items to the other Party within a shorter period of time in
advance of the meeting.
(e) Working Groups.
From time to time, the JEC or
JRDC may establish and delegate duties to other committees,
sub-committees or directed teams (each, a “ Working
Group ”) on an “as-needed” basis to oversee
particular projects or activities, which delegation shall be
reflected in the minutes of the meetings of the applicable
Committee. Each such Working Group shall be constituted and shall
operate as the JEC or JRDC, as the case may be, determines. The
Working Groups may be established on an ad hoc basis for purposes
of a specific project, for the life of a Product, or on such other
basis as the applicable Committee may determine. Each Working Group
and its activities shall be subject to the oversight, review and
approval of, and shall report to, the Committee that established
such Working Group. In no event shall the authority of the Working
Group exceed that specified for the relevant Committee in this
Article 4. Any disagreement between the designees of Sanofi-Aventis
and Exelixis on a Working Group shall be referred to the applicable
Committee for resolution.
(f) Interactions Between Committees and Internal
Teams. The Parties recognize that each Party possesses an
internal structure (including various committees, teams and review
boards) that will be involved in administering such Party’s
activities under this Agreement. Each Committee shall establish
procedures to facilitate communications between such Committee or
Working Group and the relevant internal committee, team or board of
each of the Parties, including by requiring appropriate members of
such Committee to be available at reasonable times and places and
upon reasonable prior notice for making appropriate oral reports
to, and responding to reasonable inquiries from, the relevant
internal committee, team or board.
4.5 Alliance
Managers.
(a) Appointment. Each of the Parties shall
appoint a single individual to act as a single point of contact
between the Parties (each, an “ Alliance Manager
”). Each Party may change its designated Alliance Manager
from time to time upon written notice to the other Party. Any
Alliance Manager may designate a substitute to temporarily perform
the functions of that Alliance Manager by written notice to the
other Party.
(b) Responsibilities. The Alliance Managers
shall use good faith efforts to attend all Committee meetings and
support the co-chairpersons of each Committee in the discharge of
their responsibilities. Alliance Managers shall be nonvoting
participants in such Committee meetings, unless they are also
appointed members of such Committee pursuant to
Section 4.4(a). An Alliance Manager may bring any matter to
the attention of any Committee if such Alliance Manager reasonably
believes that such matter warrants such attention. Each Alliance
Manager shall be charged with creating and maintaining a
collaborative work environment within and among the Committees. In
addition, each Alliance Manager: (i) will be the point of
first referral in all matters of conflict resolution;
(ii) will coordinate the relevant
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
functional representatives of the
Parties in developing and executing strategies and plans for the
Products in an effort to ensure consistency and efficiency
throughout the world; (iii) will provide a single point of
communication for seeking consensus both internally within the
respective Parties’ organizations and between the Parties
regarding key strategy and plan issues; (iv) will identify and
bring disputes to the attention of the appropriate Committee in a
timely manner; (v) will plan and coordinate cooperative
efforts and internal and external communications; and
(vi) will take responsibility for ensuring that governance
activities, such as the conduct of required Committee meetings and
production of meeting minutes, occur as set forth in this
Agreement, and that relevant action items resulting from such
meetings are appropriately carried out or otherwise
addressed.
|
5.
|
DEVELOPMENT
OF PRODUCTS
|
5.1 Lead Development
Party. The JRDC shall
recommend to Sanofi-Aventis the Party that it believes should serve
as the lead Party for the conduct of the first Phase I Clinical
Trial for each Product. The JRDC’s recommendation shall be
made in the best interest of the Collaboration. After careful
review of the recommendation of the JRDC, Sanofi-Aventis shall
determine which Party shall serve as the lead Party for the conduct
of the first Phase I Clinical Trial (the “ Lead
Development Party” ). If Sanofi-Aventis determines that
Exelixis serve as the Lead Development Party for a Product, then
Exelixis’ responsibility to Develop such Product shall cease
after the Transfer Date for the first Phase I Clinical Trial for
such Product, and Sanofi-Aventis shall be responsible (as of the
Transfer Date) for all further Development of such Product pursuant
in Section 3.1. If Sanofi-Aventis is the Lead Development
Party for a Product, then Sanofi-Aventis shall be responsible for
all Development of such Product pursuant to Sections 3.1, 5.2 and
5.3.
5.2 Initial Development
Plans.
(a) Scope. The initial Development of each
Product shall be governed by a comprehensive, multi-year plan
covering the conduct of the early clinical development of such
Product up to clinical proof-of-concept (the “Initial
Development Plan” ). The Initial Development Plan shall:
(i) provide a comprehensive Development program that is
designed to generate the non-clinical, clinical and regulatory
information required for submitting Drug Approval Applications and
to obtain Regulatory Approvals for the relevant indications;
(iii) indicate [ * ]; (iv) set forth those obligations
assigned to each Party with respect to the performance of the
Development activities contemplated by such Initial Development
Plan; (v) contain a study protocol for the establishment of [
* ] for the Product in the first Phase I Clinical Trial; and
(vi) provide an expected forecast, based on the information
available at the time, including patient estimates and cost
forecasts (and methodology, if available).
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(b) Creation of Initial
Development Plan. The
Lead Development Party shall use Diligent Efforts to prepare and
submit to the JRDC a draft of the Initial Development Plan for a
given Product no later than [ * ] prior to the anticipated date of
IND submission for such Product. The JRDC shall promptly meet,
discuss such draft and provide feedback to the Lead Development
Party. The Lead Development Party shall use Diligent Efforts to
prepare a final version of the Initial Development Plan, including
a final study protocol, and submit it to the JRDC for final review
approximately [ * ] in advance of the anticipated IND submission
date. The JRDC shall promptly meet, discuss such final version and
provide feedback to the Lead Development Party. After obtaining any
additional feedback, the Lead Development Party shall prepare and
submit the IND package to the applicable Regulatory Authority
pursuant to Section 2.3(f).
(c) Updates to the Initial
Development Plan. Any
material update, amendment or modification to any provisions of
such Initial Development Plan shall require the approval of the
JEC.
(d) Reports.
Beginning [ * ] after disbandment of
the JRDC and JEC in accordance with Section 4.1(d), and every
[ * ] thereafter during the Term, Sanofi-Aventis shall submit to
Exelixis a written progress report, substantially in the form of
Exhibit 5.2(d) , which summarizes the Development of
Products performed by Sanofi-Aventis.
5.3 Annual Development
Plans.
(a) Scope.
To further refine each Initial
Development Plan, the JRDC shall prepare a separate, detailed and
specific Development plan covering all material Development
activities to be performed for such Product for such year, and
budgets covering all Exelixis Development Expenses for those
Development activities for such Product conducted in support of
Regulatory Approvals for such Product (each, an “Annual
Development Plan” ). Each Annual Development Plan and
budget shall be proposed by the JRDC for approval by the JEC. Each
Annual Development Plan for such Product, and any modifications
thereto, shall cover, and be consistent in all material respects
with, all the Development activities and budgets in the
then-current Initial Development Plan for such Product that are to
be performed in that particular Calendar Year.
(b) Procedure.
The initial Annual Development Plan
shall be prepared by the Lead Development Party in conjunction with
the preparation of the Initial Development Plan described in
Section 5.2(b). Thereafter, the Lead Development Party shall
submit on an annual basis an Annual Development Plan for each
Product to the JRDC for its review, comment, and approval. Each
such submission shall be no later than [ * ] of the Calendar Year
immediately preceding the year covered by such Annual Development
Plan, with a goal of having the Annual Development Plan approved,
and any disputes resolved, by [ * ] of such immediately preceding
Calendar Year.
5.4 Exelixis Clinical
Trials.
(a) Scope.
Exelixis shall conduct the Exelixis
Clinical Trials for each applicable Product in a collaborative and
efficient manner. The Parties shall engage in joint decision-making
for the Exelixis Clinical Trials as set forth in Article
4.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(b) Notwithstanding anything to the contrary in this
Agreement, the Parties agree that Exelixis shall be the sponsor
for, and the Lead Development Party for, the Exelixis Clinical
Trials, and that Exelixis shall have the responsibility and the
authority to act as the sponsor and make those decisions and take
all actions necessary to assure compliance with all regulatory
requirements. Exelixis agrees to be bound by, and perform all
obligations set forth in, 21 C.F.R. §312 related to its role
as the sponsor for the Exelixis Clinical Trials for a given
Product. Notwithstanding anything to the contrary in this
Agreement, Exelixis may discontinue or modify any clinical trial
that is part of the Exelixis Clinical Trials without the approval
of the JRDC or the JEC in the event such actions are: (i) [ *
]; and (ii) [ * ], provided however, that in such an event the
JRDC and JEC shall be informed of such discontinuation or
modification without delay. The Annual Development Plan for an
Exelixis Clinical Trial may specify that outside contractors
(reporting to, or acting on behalf of, Exelixis and reasonably
selected by Exelixis) will have responsibility to direct and
conduct any additional pre-clinical activities and applicable
clinical trials in any country. The Parties shall, to the extent
practicable and permitted by applicable law, rule or regulation,
cooperate, prior to engagement of a given outside contractor, to
minimize costs associated with the retention of any outside
contractors, including, where possible, the retention by Exelixis
of Sanofi-Aventis contractors where cost savings may be achieved by
doing so.
(c) Exelixis shall use Diligent Efforts to carry out
its responsibilities under the then-applicable Initial Development
Plan and Annual Development Plan. Exelixis shall have the right to
use commercially reasonable discretion in carrying out its
obligations under the Annual Development Plan and the Initial
Development Plan, including without limitation: (i) carrying
out day-to-day planning and implementation of activities under the
Annual Development Plan; (ii) managing day-to-day regulatory
compliance matters, including adverse event reporting;
(iii) managing clinical research organizations engaged to
carry out activities under the Annual Development Plan; and
(iv) managing the Exelixis Clinical Trials.
5.5 Exelixis Development
Expenses.
(a) Process for Payments of Exelixis Development
Expenses. Promptly after the date of the JRDC meeting
allocating to Exelixis the performance of a Phase I Clinical Trial,
Exelixis shall provide Sanofi-Aventis with an estimate of the
Exelixis Development Expenses (and invoice for Exelixis FTE Costs
and for Out-of-Pocket Costs incurred by Exelixis, accompanied by
reasonable supporting documentation, given that such invoicing will
be on an accrual basis) covering: (i) the period between the
aforementioned JRDC meeting and the start of the first Calendar
Quarter arising after the date of such JRDC meeting; and
(ii) the first Calendar Quarter arising after the date of such
JRDC meeting. By the [ * ] of each subsequent Calendar Quarter
during the Term, Exelixis shall provide Sanofi-Aventis with:
(A) an estimate of the Exelixis Development Expenses for such
Calendar Quarter (and invoice for Exelixis FTE Costs); and
(B) with the actual Exelixis Development Expenses for the
preceding Calendar Quarter (and invoice for Out-of-Pocket Costs
incurred by Exelixis during that Calendar Quarter, accompanied by
reasonable supporting documentation, given that such invoicing will
be on an accrual basis). Any overpayment or underpayment of
the actual Exelixis FTE Costs against the prepayment made for the
preceding Calendar Quarter will be netted by Exelixis against the
current Calendar Quarter estimate therefor. Sanofi-Aventis
shall pay Exelixis the amount in each such invoice within [ * ]
after receipt thereof. Sanofi-Aventis shall have the right, at
a reasonable time and upon reasonable prior notice [ * ], to audit
Exelixis’ records as provided in Section 13.3(c) to
confirm the accuracy of Exelixis’ costs and reports with
respect to Exelixis Development Expenses under this
Agreement.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(b) Accounting of Exelixis Development
Expenses. Exelixis agrees to determine Exelixis Development
Expenses using its standard accounting procedures, consistently
applied, [ * ] as specifically provided in this Agreement. The
Parties also recognize that such procedures may change from time to
time. The Parties agree that, where such changes are economically
material to either Party, and consistent with GAAP, adjustments
shall be made to compensate the affected Party to preserve the same
economics as reflected under this Agreement under Exelixis’
accounting procedures in effect as of the date on which the
activity in question (e.g., Development) first commences under this
Agreement. [ * ]. Transfers between a Party and its Affiliates (or
between its Affiliates) shall not have effect for purposes of
calculating revenues, costs, profits, royalties or other payments
or expenses under this Agreement.
(c) [ * ]
(d) FTE Records and Calculations; Adjustments to
Exelixis FTE Rate. Exelixis shall record and account for its
FTE effort for the Development of Products to the extent that such
FTE efforts are included in Exelixis Development Expenses, and
shall report such FTE effort to the JRDC on a quarterly basis. The
Exelixis FTE Rate may be adjusted annually, with each annual
adjustment effective as of January 1 of each Calendar Year, in
accordance with the percentage increase or decrease, if any, in the
US CPI for the twelve (12) months ending June 30 of the
Calendar Year prior to the Calendar Year for which the adjustment
is being made.
5.6 Technology and Regulatory Transfer of
Collaboration Compounds. Exelixis shall disclose or transfer to
Sanofi-Aventis the Information and documents described in
subsections 5.6(a) and 5.6(b) below:
(a) Within [ * ] after the Transfer Date, Exelixis
shall, at Sanofi-Aventis’ expense, disclose (and provide
copies, as applicable) to Sanofi-Aventis any Information, including
any preclinical data, clinical data, assays, protocols, procedures
and any other information in Exelixis’ possession or control,
not previously disclosed to Sanofi-Aventis, and [ * ] to continue
clinical Development of such Product, or in seeking Regulatory
Approval of such Products.
(b) The Parties shall cooperate to ensure that
Exelixis transfers to Sanofi-Aventis, [ * ] after the Transfer Date
for a given Product: (i) [ * ]; (ii) any agreements [ *
], all agreements [ * ]. If an agreement that is described in
subsection [ * ] is not assignable, then Exelixis shall use
Diligent Efforts to amend the agreement to permit
assignment.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
6.1 Regulatory
Responsibility.
(a) Subject to Section 3.2 and
Section 6.1(b), Sanofi-Aventis shall, during the Term, have [
* ] discretion, control and responsibility for the preparation,
drafting, submission and filing, in its own name and at its own
cost, of all DAAs, documents, dossiers, etc., for Regulatory
Approvals for the Products. Subject to Section 6.1(b),
Sanofi-Aventis shall have [ * ] responsibility for interacting with
any Regulatory Authority regarding any issues, DAAs or any
Regulatory Approval, and Exelixis shall provide its reasonable
assistance to Sanofi-Aventis (at Sanofi-Aventis’ expense),
whenever Sanofi-Aventis seeks such assistance, to answer questions
on the Products from any Regulatory Authority. Additionally, in the
event Sanofi-Aventis must communicate with or respond to a
Regulatory Authority within a very limited amount of time and needs
the assistance of Exelixis for such interaction with the Regulatory
Authority, Exelixis will use its Diligent Efforts to assist
Sanofi-Aventis within the required time frame (at
Sanofi-Aventis’ expense). Furthermore, subject to
Section 6.1(b) and to applicable laws and regulations,
Sanofi-Aventis shall own all Regulatory Approvals, submissions and
dossiers that it files as well as the Regulatory Approvals that are
granted during the Term, including supporting documentation and
information.
(b) Pending the [ * ], Exelixis shall remain the
primary contact of Regulatory Authorities for regulatory activities
regarding such Product, on behalf of Sanofi-Aventis. However,
Sanofi-Aventis shall have the right to review and approve in
advance any communication with any Regulatory Authority regarding
such Product. Upon the [ * ], Exelixis shall notify the applicable
Regulatory Authorities in writing that it is [ * ] for the
applicable Product to Sanofi-Aventis, and Sanofi-Aventis would
notify the applicable Regulatory Authorities in writing that it is
[ * ] and all responsibilities associated therewith (including
without limitation, the responsibility for reporting adverse
events), other than any ongoing activities of Exelixis relating to
ongoing Exelixis Clinical Trials (if applicable).
6.2 Other Regulatory
Matters.
(a) Pharmacovigilance. Sanofi-Aventis shall
be responsible for the management of all pharmacovigilance and all
reports required by the Regulatory Authorities in order to obtain
and maintain any Regulatory Approvals granted for the Products in
the Territory, including, without limitation, adverse drug
experience reports. The Parties agree to negotiate and execute a
definitive safety data exchange agreement (the “SDEA”)
within [ * ] of the Effective Date of this Agreement, or within
another time period as mutually agreed by the Parties, which will
describe the responsibilities and procedures to be followed by the
Parties with regard to all regulatory reporting for the Products
under this Agreement.
(b) Pricing and Reimbursement Approvals.
Sanofi-Aventis and its Affiliates shall have sole
responsibility in the conduct of all pricing and reimbursement
approval proceedings relating to each Product.
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(c) Rights of
Reference. Each Party
shall have the right to cross reference, file or incorporate by
reference any regulatory filing or drug master file (as defined in
the Code of Federal Regulations) (and any data contained therein)
for any Product (including all Approvals) in order to support
regulatory filings that such Party is permitted to make under this
Agreement for any such Product and to enable such Party to fulfill
its obligations under this Agreement to Develop, Manufacture
(anywhere in the world), or Commercialize any such
Product.
6.3 Packaging and Promotional
Materials.
(a) Subject to Section 6.3(b) through 6.3(d),
Sanofi-Aventis shall be solely responsible for creating all
packaging and promotional materials for the Products.
Sanofi-Aventis shall own all right, title and interest in and to
any and all such promotional materials, including all applicable
copyrights, trademarks, program names and domain names.
(b) During the Term, Sanofi-Aventis shall ensure
that the packaging artwork and label and the marketing materials,
used for Commercializing each Product in the U.S., Japan, and the
Major European Countries, clearly identify Exelixis as the licensor
of the Product, provided however that any such references comply
with applicable laws and market practice in such countries. For the
purpose of the foregoing, Exelixis grants Sanofi-Aventis the right
to use certain of Exelixis corporate trademarks in accordance with
the Trademark License Agreement attached as Exhibit 6.3
.
(c) Sanofi-Aventis shall provide to Exelixis, the
mock-ups for any packaging artwork and labels or marketing material
it wishes to use for the Commercialization of a Product.
(d) In the event Exelixis shall desire to make any
change to any printing, packaging or labeling proposed or used for
a Product to reflect any changes to its trademark, tradename, logo
or other features thereof (other than a change to correct an error
or omission in such trademark, tradename, logo or other features),
Exelixis shall be responsible for, and shall reimburse
Sanofi-Aventis for, all costs associated with such changes, if any,
including the costs of any inventory of the Product or labeling,
printing or packaging materials rendered obsolete or rejected as a
result of such change, including the cost of destruction of any of
the foregoing.
6.4 Recalls. Any decision to initiate a
recall or withdrawal of a Product shall be made by Sanofi-Aventis.
In the event of any recall or withdrawal, Sanofi-Aventis shall take
any and all necessary action to implement such recall or withdrawal
in accordance with applicable law, with assistance from Exelixis as
reasonably requested by Sanofi-Aventis. The costs of any such
recall or withdrawal shall be borne solely by Sanofi-Aventis, [ *
].
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
7.1 Manufacturing
Generally.
(a) Subject to the terms and conditions of this
Agreement, Sanofi-Aventis shall at all time Control the
Manufacturing process development and may elect to Manufacture a
Lead Compound, Development Candidate or a Product at any time
during the Term. Any and all technology and Information relating to
and required for the Manufacturing of a Lead Compound, a
Development Candidate or a Product (including, as the case may be,
any related Third Party agreements) (the “ Manufacturing
Technology ”) [ * ] during the Term of this Agreement,
shall be transferred and assigned to Sanofi-Aventis and disclosed
pursuant to Section 7.3, within a reasonable period following
Exelixis’ receipt of notification in writing by
Sanofi-Aventis of its election to take over the Manufacturing of
such Lead Compound, Development Candidate or Product.
(b) Notwithstanding the foregoing, the Party
designated by the JRDC pursuant to Section 7.2(a) to perform
process development and Manufacturing activities shall, retain
responsibility for the Manufacture and supply of part or all of the
Clinical Supply Requirements necessary for the Development of a
Development Candidate or a Product in accordance with
Section 7.2(c).
7.2 Manufacturing
Activities.
(a) Discovery and Characterization of Lead
Compounds. During the Collaborative Research Term, the JRDC
shall prioritize advanced Lead Compounds for scale-up manufacturing
to allow expanded profiling in efficacy, PK and toxicology assays.
The JRDC shall also determine which Party shall conduct (or have
conducted) the following activities, [ * ]:
(i) Evaluation of the medicinal chemistry synthetic
route for such Lead Compound to determine if it can be safely and
reproducibly scaled up. If such route cannot be safely scaled up,
then evaluate alternate routes. Preparation for this activity may
occur before the Development Candidate declaration.
(ii) [ * ].
(iii) Preformulation characterization.
(iv) Manufacture of approximately [ * ] of such Lead
Compound required for full characterization.
The Party designated by the JRDC
shall use Diligent Efforts to perform (or have performed) the
activities described in subsections (i) – (iv) at
is own expense.
(b) CMC Activities for
Development Candidates. After Sanofi-Aventis determines to advance a
Lead Compound as a Development Candidate, the Party that was
allocated the Manufacturing responsibilities for such Development
Candidate shall use Diligent Efforts during the Collaborative
Research Term to conduct the following activities on such
Development Candidate to support its IND submission and early
clinical development (the “ CMC Activities
”):
(i) Conduct analytical methods development and
qualification (e.g., stability indicating HPLC, process specific
OVI’s by GC, etc.).
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[ * ] = Certain confidential
information contained in this document, marked by brackets, has
been omitted and filed separately with the Securities and Exchange
Commission pursuant to Rule 24b-2 of the Securities Exchange Act of
1934, as amended.
(ii) Preparation of drug substance for IND-enabling
non-clinical safety studies (“ NCSS
”).
(iii) Conduct stability studies (ICH) on the NCSS
batch.
(iv) Perform the tech transfer of process and
analytical methods to internal production group or contract
manufacturing organization for preparation of GMP drug
substance.
(v) Identify a suitable formulation for the GLP
NCSS.
(vi) Develop a simple formulation for rapid entry
into Phase I Clinical Trials.
(vii) Prepare a prototype formulation for comparative
pK study (intended clinical