MiddleBrook Pharmaceuticals, Inc.
EX-10.7
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<TYPE>EX-10.7
<SEQUENCE>12
<FILENAME>w42573exv10w7.htm
<DESCRIPTION>EX-10.7
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<DIV align="right" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT 10.7</B>
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<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>AGREEMENT REGARDING REGULATORY RESPONSIBILITIES</B>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This <B>AGREEMENT REGARDING REGULATORY RESPONSIBILITIES </B>(this &#147;<U>Agreement</U>&#148;), dated as of
November&nbsp;7, 2007, is entered into by and between <B>MiddleBrook Pharmaceuticals, Inc</B>., a Delaware
corporation (&#147;<U>MiddleBrook</U>&#148;), and <B>Lex Pharmaceuticals, Inc</B>., a Delaware corporation
(&#147;<U>Lex</U>&#148;).
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, MiddleBrook and Lex have entered into an Asset Purchase Agreement, dated as of the
date of this Agreement, (the &#147;<U>Asset Purchase Agreement</U>&#148;) which, among other things,
provides for the sale from MiddleBrook to Lex of certain New Drug Applications (&#147;<U>NDAs</U>&#148;);
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, pursuant to the Asset Purchase Agreement, and subject to conditions set forth
therein, Lex may purchase a Notice of Claimed Investigational Exemption for a New Drug, number
73,767 (&#147;<U>IND</U>&#148;) submitted by MiddleBrook to the United States Food and Drug Administration
(&#147;<U>FDA</U>&#148;);
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS, </B>pursuant to the terms of a Registration and Trademark License Agreement, dated as of
the date hereof, between MiddleBrook and Lex, MiddleBrook will receive an exclusive license under
the NDAs and, if purchased, the IND; and
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, MiddleBrook shall assume all regulatory responsibilities relating to the NDAs and the
IND.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>NOW, THEREFORE</B>, the parties hereto agree that the regulatory responsibilities under such NDAs
and IND shall be as follows:
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;Lex shall be the sponsor of the IND and shall transfer responsibilities for all obligations
set forth in 21 C.F.R. Part&nbsp;312 to MiddleBrook and shall authorize the FDA to communicate and
interact with MiddleBrook on any and all matters.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;Lex shall be the holder of the NDAs and shall designate MiddleBrook as its agent under such
NDA and shall authorize the FDA to communicate and interact with MiddleBrook on behalf of Lex on
any and all matters pertaining to the NDA.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;On behalf of Lex, MiddleBrook shall coordinate and execute any and all regulatory actions,
communications and filings relating to or arising under the NDAs and IND , including, without
limitation, submission of amendments and supplements thereto, all communications to the FDA
relating to such NDAs and IND, whether in writing, by telephone, fax or e-mail, and attendance at
FDA meetings.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;As Lex&#146;s agent for such NDAs and IND, MiddleBrook shall have complete and sole discretion
to take or not take such actions as it deems reasonable and appropriate; <U>provided</U> that
MiddleBrook shall at all times be in material compliance with all laws and regulations applicable
to the NDAs and IND, and MiddleBrook shall not by and act or omission allow the NDAs or IND to
terminate or be withdrawn.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>IN WITNESS WHEREOF</B>, the parties hereto have caused this Agreement Regarding Regulatory
Responsibilities to be executed by their duly authorized representatives as of the date first set
forth above.
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    <TD colspan="5" valign="top" align="left"><B>MIDDLEBROOK PHARMACEUTICALS, INC</B>. &nbsp;</TD>
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    <TD align="left" valign="top">By:
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    <TD align="left" valign="top">/s/ Edward M. Rudnick</TD>
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    <TD align="left" valign="top">Name:
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    <TD align="left" valign="top">Edward M. Rudnick, Ph.D.</TD>
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    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title
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    <TD align="left" valign="top">President and Chief
Executive Officer</TD>
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    <TD colspan="5" valign="top" align="left"><B>LEX PHARMACEUTICALS, INC</B>.</TD>
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    <TD align="left" valign="top">/s/ Peter W. Steelman</TD>
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    <TD>&nbsp;</TD>
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    <TD align="left" valign="top">Peter W. Steelman</TD>
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