definiens: means, with respect to a Party, ( a ) a merger, consolidation, share exchange or other similartransaction involving such Party and any Third Party which results in the holders of the outstanding voting securities of suchParty immediately prior to such merger, consolidation, share exchange or other similar transaction ceasing to hold more thanfifty percent ( 50 % ) of the combined voting power of the surviving, purchasing or continuing entity immediately after suchmerger, consolidation, share exchange or other similar transaction, ( b ) any transaction or series of related transactions ( otherthan an investment transaction by an entity not engaged in the pharmaceutical or biotechnology business, the purpose ofwhich is to raise capital for a Party ) in which a Third Party, together with its Affiliates, becomes the beneficial owner of fiftypercent ( 50 % ) or more of the combined voting power of the outstanding securities of such Party, or ( c ) the sale or othertransfer to a Third Party of all or substantially all of such Party ’s assets which relate to this Agreement