Letter Agreement Amending Combination Product Development and Commercialization Agreement between Genentech, Inc. and Tercica, Inc.
Genentech, Inc. and Tercica, Inc. have entered into this letter agreement to clarify a specific provision in their existing Combination Product Development and Commercialization Agreement. The amendment addresses how the 'First Option Event-AGHD/Other' is defined if Tercica submits a protocol for the AGHD Indication under an existing IND, rather than submitting a new IND. The agreement states that the event occurs if the FDA does not issue a clinical hold or reject the protocol within 30 days. All other terms of the original agreement remain unchanged.
Exhibit 10.7(h)
February 12, 2008
Tercica, Inc.
2000 Sierra Point Parkway, Suite 400
Brisbane, California 94005
Re: | First Option Event-AGHD/Other in the |
Combination Product Development and Commercialization Agreement |
To Whom It May Concern:
This letter agreement (Letter Agreement) relates to the Combination Product Development and Commercialization Agreement, dated as of July 6, 2007, by and between Genentech and Tercica (Agreement). All capitalized terms not otherwise defined herein shall have the meanings defined in the Agreement.
Tercica informed Genentech that, in lieu of submitting an IND for the first Phase II Clinical Trial of a Non-Short Stature Product for the AGHD Indication to the FDA (as contemplated under Section 2.2(a) of the Agreement), Tercica intends to submit a protocol for the AGHD Indication to the FDA under an existing IND (e.g., IND 76,497, which covers the first Phase II Clinical Trial of a Short Stature Product for the Initial Short Stature Indication) (for purposes of this Letter Agreement, an AGHD Protocol).
Therefore, Genentech and Tercica hereby agree that, in the event Tercica submits an AGHD Protocol, the term First Option Event-AGHD/Other (defined in Section 2.2(a)) means that the FDA does not issue a clinical hold order with respect to such AGHD Protocol (or otherwise reject such AGHD Protocol) within thirty (30) days following its receipt thereof.
Except as expressly modified by this Letter Agreement, all of the terms and conditions of the Agreement shall remain in full force and effect. This Letter Agreement constitutes the entire understanding of the Parties with respect to the subject matter hereof and supersedes any prior understanding, oral or written, between the Parties with respect thereto.
1 DNA WAY, SOUTH SAN FRANCISCO, CA 94080-4990 650 ###-###-#### www.gene.com
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If you are in agreement with the foregoing, please have an authorized representative sign both originals of this Letter Agreement in the space provided below, and return one signed original to Genentech. Thank you.
Sincerely, for Genentech, Inc. | ||
Signed: | /s/ Ashraf Hanna | |
Name: | Ashraf Hanna | |
Title: | VP Alliance Mgmt |
Agreed to by:
Tercica, Inc. | ||
Signed: | /s/ Richard King | |
Name: | Richard King | |
Title: | COO |
1 DNA WAY, SOUTH SAN FRANCISCO, CA 94080-4990 650 ###-###-#### www.gene.com
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