Provision Language
BMS – MPP Agreement
6. PHARMACOVIGILANCE AND QUALITY MATTERS
6.1 Pharmacovigilance
(a) The MPP will require that its Sublicensees, in accordance with its standard protocols, maintain effective and reliable systems for receiving and tabulating any reports of adverse reactions to the Licensed Products and to report such information on a timely basis to the relevant regulatory authorities. The MPP will require that its Sublicensees be responsible for fulfilling all required reporting responsibilities under applicable laws and regulations within the Territory.
9 AUDIT AND REPORTS
9.1 Reports. The MPP will send to BMS within forty-five (45) calendar days following the end of each calendar quarter the number of units of Licensed Products sold by strength / formulation by country and the number of kilograms of Licensed Compound sold. The MPP shall also provide BMS with a quarterly written report setting forth each Sublicensee’s (a) Licensed Products in its development pipeline, (b) status of development of each Licensed Product in development, (c) regulatory filing plan for each Licensed Product, (d) a list of countries within the Territory for which such regulatory approvals or authorizations have been obtained for any Licensed Product, (e) any rejection, withdrawal, expiration or other significant regulatory development for any Licensed Product, and (f) a description of activities performed by MPP relating to filing, obtaining, or maintaining regulatory approvals or authorizations in the Territory for the Licensed Product and/or Licensed Compound. The MPP and BMS agree to confer on a quarterly basis regarding such reports and also review development and filing status of Licensed Products.
Form of sublicense
6.1 Pharmacovigilance (a) The Sublicensee will, in accordance with its standard protocols, maintain effective and reliable systems for receiving and tabulating any reports of adverse reactions to the Licensed Products and to report such information on a timely basis to the relevant regulatory authorities. The Sublicensee shall be responsible for fulfilling all required reporting responsibilities under applicable laws and regulations within the Territory.