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15 November 20231 minute read

Episode 1 - Defining the scope

In the first episode of the series, Richard Taylor and Alejandro Gonzalez-Vega from our international Life Sciences team discuss things to take heed of when defining the scope of a life sciences commercial contract. This includes:

  • The importance of defining the scope in life sciences commercial contracts
  • Exploration of material, time, and territorial perspectives of scope
  • Pre-contract terms clarification
  • Defining parties’ roles with reference to legal system interpretations and industry practices
  • Clearly outlining commitments assumed by each party
  • Specifying the nature of obligations, whether results- or means-based
  • Details of achieving contract goals and the need to specify how these will be achieved