definiens: means, solely with respect to the use of the Trans­ferred Materials by [COMPANY], the conduct of activities relating to the discovery of Antibodies for Targets, the identification, characterization, selection, optimization and research of Antibod­ies and Licensed Products and the conduct of all tests, clinical and other studies and other activi­ties ( including test method development, toxicology studies, statistical analysis and report writ­ing, preclinical and other testing, packaging and regulatory affairs, product approval and registra­tion activities ) related thereto as are customarily perfonned in the biopharmaeeutical industry as part of research and development . Research and Development may include without limitation ( a ) the discovery of Antibodies that selectively bind to and act through Targets, ( b ) the develop­ment of assays for Antibodies to, inter alia, confmn the activity of such Antibodies or Target, and ( c ) the perfonnance of affinity maturation on such Antibodies, in each case with the objec­tive of identifying Antibodies that have potential as Licensed Products