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THIRD AMENDMENT

Collaboration Agreement

THIRD AMENDMENT | Document Parties: ACUSPHERE INC You are currently viewing:
This Collaboration Agreement involves

ACUSPHERE INC

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Title: THIRD AMENDMENT
Date: 6/26/2008
Industry: Biotechnology and Drugs     Sector: Healthcare

THIRD AMENDMENT, Parties: acusphere inc
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Exhibit 10.1

 

 

THIRD AMENDMENT

 

to

 

the Collaboration, License and Supply Agreement, dated July 6, 2004

 

by and between

 

Acusphere Inc. (“Acusphere”)

 

and

 

Nycomed Danmark ApS (“Nycomed”)

 

 

This Third Amendment (the “Third Amendment”), effective as of June 4 2008, is entered into by and between Acusphere and Nycomed (the “Parties”).

 

WHEREAS, the Parties are parties to a Collaboration, License and Supply Agreement, dated July 6, 2004, as amended by the First Amendment to such agreement dated as of October 15, 2005 and the Second Amendment to such agreement dated February 9, 2006 (as so amended, the “Agreement”); and

 

WHEREAS, in order to accelerate qualification of Acusphere’s manufacturing facility under applicable governmental regulations, the Parties have agreed that Nycomed will contribute to the manufacturing of validation batches, including the purchase of relevant raw materials and other manufacturing related capital and personnel expenditures up to $750,000, such amounts to be credited against future payments to Nycomed for the commercial supply of AI-700 (Imagify), on the terms and conditions set forth herein;

 

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:

 

1.                Nycomed shall reimburse Acusphere an amount not to exceed $750,000 in the aggregate for expenses arising from and after June 1, 2008 related to Acusphere’s qualification of its commercial manufacturing facility in Tewksbury, Mass



 
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