UNITED STATES COLLABORATION AGREEMENTCollaboration Agreement |
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Exhibit 10.13
Certain confidential information contained in this document, marked by brackets and asterisks, [*], has been omitted pursuant to a request for confidential treatment pursuant to Rule 24b–2 of the Securities Exchange Act of 1934, as amended, and has been filed separately with the Securities and Exchange Commission.
UNITED STATES
COLLABORATION AGREEMENT
BY AND AMONG
SHIRE LLC
SHIRE PHARMACEUTICALS GROUP PLC
AND
NEW RIVER PHARMACEUTICALS INC.
DATED AS OF MARCH 31, 2005
TABLE OF CONTENTS
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ARTICLE 1 |
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DEFINITIONS |
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2 |
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ARTICLE 2 |
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MANAGEMENT OF COLLABORATION |
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13 |
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2.1 |
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General |
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13 |
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2.2 |
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Joint Development Committee (JDC) |
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13 |
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2.3 |
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Joint Marketing Committee (JMC) |
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14 |
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2.4 |
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Joint Supply Committee (JSC) |
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15 |
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2.5 |
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Joint Intellectual Property Committee (JIPC) |
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17 |
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2.6 |
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General Committee Membership and Procedures |
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17 |
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2.7 |
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Committee Decision-Making |
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18 |
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ARTICLE 3 |
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DEVELOPMENT AND REGULATORY RESPONSIBILITIES |
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20 |
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3.1 |
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Overview |
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20 |
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3.2 |
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Development Plans |
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20 |
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3.3 |
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Development in the US Territory for ADHD |
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21 |
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3.4 |
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Right of Reference to the ROW Territory |
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23 |
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3.5 |
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Reporting |
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23 |
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3.6 |
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Development in the US Territory for Indications other than ADHD |
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23 |
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3.7 |
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Shared Expenses |
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25 |
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3.8 |
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Use of Third Parties |
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26 |
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3.9 |
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Right to Audit |
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27 |
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3.10 |
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Assistance |
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27 |
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3.11 |
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Compliance with Laws |
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27 |
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ARTICLE 4 |
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COMMERCIALIZATION OF COLLABORATION PRODUCTS |
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27 |
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4.1 |
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Principles of Commercialization |
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27 |
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4.2 |
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Sales and Distribution of Collaboration Products to Third Parties |
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27 |
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4.3 |
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Marketing Plans and Budgets for the US Territory |
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28 |
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4.4 |
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Regulatory Obligations During Commercialization |
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28 |
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4.5 |
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Diligence in Commercialization |
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29 |
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4.6 |
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Cost of Commercialization |
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29 |
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4.7 |
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Use of Third Parties |
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30 |
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4.8 |
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Promotional Materials |
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30 |
i
TABLE OF CONTENTS
(continued)
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4.9 |
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Provisions Applicable to Sales Representatives |
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30 |
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4.10 |
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Reporting |
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33 |
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4.11 |
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Compliance with Laws |
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33 |
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ARTICLE 5 |
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CO-PROMOTION OF COLLABORATION PRODUCTS |
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33 |
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5.1 |
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Option |
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33 |
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5.2 |
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Exercise of Option |
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34 |
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5.3 |
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Co-Promotion Period |
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34 |
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5.4 |
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Amendment of Marketing Plan to Include Co-Promotion Activities |
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34 |
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5.5 |
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Scope |
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34 |
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5.6 |
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Advertising and Promotional Materials |
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35 |
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5.7 |
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Shipment, Storage and Allocation of Samples |
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35 |
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5.8 |
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Training |
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35 |
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5.9 |
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Provisions Applicable to All New River Sales Representatives |
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36 |
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ARTICLE 6 |
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MANUFACTURE OF COLLABORATION PRODUCTS |
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37 |
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6.1 |
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Manufacture and Supply |
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37 |
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6.2 |
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Specifications and Terms of Supply; Multiple Sources |
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38 |
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6.3 |
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Manufacture by Shire; Commercial Supply by Shire |
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38 |
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6.4 |
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Supply Terms |
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38 |
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ARTICLE 7 |
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FINANCIAL TERMS |
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39 |
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7.1 |
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Licensing Fee |
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39 |
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7.2 |
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Milestone Payments |
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39 |
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7.3 |
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Refunds by New River |
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39 |
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7.4 |
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Sharing of US Product Profit |
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39 |
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ARTICLE 8 |
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PAYMENT TERMS |
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41 |
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8.1 |
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Payment Method |
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41 |
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8.2 |
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Payment Schedules; Reports |
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41 |
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8.3 |
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Currency Conversion |
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41 |
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8.4 |
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Legal Restrictions |
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42 |
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8.5 |
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Taxes |
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42 |
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8.6 |
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Records Retention; Audit |
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42 |
ii
TABLE OF CONTENTS
(continued)
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ARTICLE 9 |
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LICENSES |
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44 |
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9.1 |
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Licenses to Shire |
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44 |
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9.2 |
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Licenses to New River |
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44 |
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9.3 |
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Sublicensing |
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44 |
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9.4 |
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Scope of Licenses |
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44 |
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9.5 |
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No Implied Licenses |
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44 |
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