ROFN

(redirected from Right of First Negotiation)
AcronymDefinition
ROFNRight of First Negotiation (property ownership)
References in periodicals archive ?
The long-term agreement includes distribution rights to Endologix's current EndoVascular Aneurysm Repair and Endovascular Aneurysm Sealing products, as well as the right of first negotiation for future product offerings by Endologix.
In conjunction, Gilead received right of first negotiation for two additional, undisclosed preclinical programmes.
Gilead will also receive right of first negotiation for two additional, undisclosed preclinical programs.
For one of the option programmes, Agenus will have the right to opt-in to shared development and commercialization in the US Gilead will also receive right of first negotiation for two additional, undisclosed preclinical programmes.
Astellas shall acquire the right of first negotiation regarding the exclusive licensing necessary for commercialization based on the results of this joint research.
Healios has been granted a right of first negotiation regarding an exclusive option for a license to develop and commercialize MultiStem therapy for certain indications in China, and the potential inclusion of an additional indication to the Japan license.
Under the Licensing Framework Agreement, Jacobson Medical will be granted an exclusive right to develop and market a propriety biosimilar product of Shanghai Henlius (the "Product") in Hong Kong and Macau for a period of 10 years, alongside a right of first negotiation towards entering into a definitive agreement to commercialize the Product in certain emerging markets within ASEAN domains.
As a part of the transaction, Recipharm also has a right of first negotiation to acquire Kemwell's Indian biopharma business, which is not included in the transaction and will continue to be retained by the sellers.
Shire has a right of first negotiation for each of the programmes on commercial terms, as well as rights to re-acquire each of the programmes in the event that Chronos does not invest specified minimum amounts.
own any novel compounds generated, while Eisai earns a royalty on product sales and has a right of first negotiation to obtain commercialization rights.
On the now proposed deal to auction the television rights of the Dodgers off that last week the league said was "dead on arrival", the bankruptcy court could push that through, but will be weighing FOX's contractual right (the deal does not expire until 2013 and they have right of first negotiation on a new extension no earlier than Nov of 2012).
In addition, GSK and Pfizer have agreed to grant viig Healthcare a right of first negotiation in relation to any new HIV-related medicine they develop.