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AMENDMENT TO DECEMBER 5, 1997 EXCLUSIVE LICENSE AGREEMENT BETWEEN SCHERING AND SEPRACOR

License Agreement

AMENDMENT TO DECEMBER 5, 1997 EXCLUSIVE LICENSE AGREEMENT BETWEEN SCHERING AND SEPRACOR | Document Parties: Schering-Plough Ltd | Sepracor Inc You are currently viewing:
This License Agreement involves

Schering-Plough Ltd | Sepracor Inc

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Title: AMENDMENT TO DECEMBER 5, 1997 EXCLUSIVE LICENSE AGREEMENT BETWEEN SCHERING AND SEPRACOR
Date: 2/27/2009
Industry: Biotechnology and Drugs     Sector: Healthcare

AMENDMENT TO DECEMBER 5, 1997 EXCLUSIVE LICENSE AGREEMENT BETWEEN SCHERING AND SEPRACOR, Parties: schering-plough ltd , sepracor inc
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Exhibit 10.28

 

Confidential Materials omitted and filed separately with the

Securities and Exchange Commission. Asterisks denote omissions.

 

AMENDMENT TO DECEMBER 5, 1997 EXCLUSIVE
LICENSE AGREEMENT BETWEEN SCHERING AND SEPRACOR

 

This amendment to the December 5, 1997 Exclusive License Agreement between Schering and Sepracor (“the Amendment”) is made as of this 7th day of November, 2008 by Schering-Plough Ltd., a Swiss corporation having a place of business at Topferstrasse 5, 6004 Lucerne, Switzerland (“Schering”), and Sepracor Inc., a Delaware corporation having a place of business at 84 Waterford Drive, Marlborough, Massachusetts 01752 (“Sepracor”) (collectively, “the Parties”).

 

WHEREAS, the Parties mutually desire to amend their December 5, 1997 Exclusive License Agreement (“the Agreement”) as set forth herein; and

 

WHEREAS, the Parties acknowledge that this Amendment conforms to Article IX, Section 9.6 of the Agreement and is a permitted amendment to that Agreement.

 

NOW THEREFORE, in consideration of the rights and obligations set forth herein, the sufficiency of which is hereby acknowledged, Schering and Sepracor agree as follows.

 

1.              All capitalized terms not otherwise defined herein shall have the meaning ascribed to same in the Agreement.

 

(a)            Schering and Sepracor agree that the term “Sepracor Actions” shall include any action for infringement of certain patents listed in Schedule 1.18 of the Agreement or otherwise included in the definition of “Patent Rights” in Article I, Section 1.18 of the Agreement (the “Sepracor Patents”) brought by Sepracor against certain Abbreviated New Drug Application (“ANDA”) filers with respect to one or more of New Drug Application (“NDA”) Nos. 021300, 021312, 021313, 021605, and/or 021165, several of which are currently pending in the United States District Court for the District of New Jersey.

 

(b)            Schering and Sepracor agree that the term “Exempted Sublicensee” shall mean any Sublicensee where:  [**].

 

(c)            Schering and Sepracor agree that the term “NDA Product” shall mean a Licensed Product under the Agreement approved for marketing in the United States pursuant to a New Drug Application.

 

(d)            Schering and Sepracor agree that the term “Prescription NDA Product” shall mean a NDA Product, as defined above, that requires a prescription to be sold in the United States.

 

(e)            Schering and Sepracor agree that the term “[**] NDA Product” shall mean a NDA Product, as defined above, that does [**] in the United States.

 

(f)             Schering and Sepracor agree that the term “Generic Equivalent” shall mean a pharmaceutical product that has received U.S. Food and Drug Administration (“FDA”)

 

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approval for marketing in the United States pursuant to an ANDA as a generic equivalent to a specific NDA Product.

 

(g)            Schering and Sepracor agree that the term “Launch” shall mean the commercial launch of a Generic Equivalent of a NDA Product by one or more third parties other than an Exempted Sublicensee or Sublicensee while Schering and/or Sepracor is preparing for or involved in litigation regarding such Generic Equivalent.

 

(h)            Schering and Sepracor agree that the term “Final FDA Approval” shall mean approval from the FDA that would allow a party to market and sell a Generic Equivalent.

 

(i)             Schering and Sepracor agree that the term “Final Court Decision” shall mean a decision of a court from which no appeal has been or can be taken, excluding any writ of certiorari or other proceedings before the United States Supreme Court.

 

2.              Schering and Sepracor agree that Schering may grant a sublicense under the Sepracor Patents to any Exempted Sublicensee.  The grantin


 
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