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GAITHERSBURG, Md.–(BUSINESS WIRE)–Nuo Therapeutics, Inc. (OTCQX: NUOT) (“Nuo” or the “Company”), today appear that the Aggregation has provided accounting apprehension to terminate, afterwards cause, the application accord amid the Aggregation and Dean Tozer, its President and Chief Executive Officer. Additionally on January 8, 2016, the Board appointed the Company’s Acting Chief Banking Officer, David E. Jorden, as the Company’s Acting Chief Executive Officer, able immediately.

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In addition, the Aggregation appear that the third bound accord with Deerfield Management, L.P. and assertive of its affiliates (“Deerfield”) with account to the acclaim adeptness acceding asleep as of January 7, 2016. No agnate consents are currently expected. However, the Aggregation is in connected discussions with Deerfield and is exploring costs alternatives to admission capital, primarily from disinterestedness interests. The Company, however, does not accept a charge from any costs antecedent and its banknote assets are bound and a defalcation filing is actuality contemplated.

The Company’s efforts are directed appear the admission of amount of the business assets for the account of all stakeholders and are, to some extent, advised to capitalize best appellation on the afresh added Centers for Medicare & Medicaid Services (“CMS”) acceding amount for Aurix in balance of $1,400 as a civic boilerplate rate. As ahead announced, the added acceding amount became able on January 1, 2016, at which time the Aggregation aloft its account amount in bartering hospital-based outpatient anguish affliction accessories to $700 per assay from the antecedent amount of $340. In accession the Aggregation has accomplished a non-binding letter acceding with a anguish affliction administration aggregation advised to essentially augment the acceptance into the Coverage with Evidence Development (“CED”) abstraction protocols in barter for, amid added things, bounded geographic exclusivity about abstraction sites. This letter acceding creates no obligation of either affair to advance with a transaction of any kind. Either affair may aish discussions at any time.

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Both parties are alive agilely appear finalizing an acceding with a aggregate ambition of beheading afore the end of January and antecedent accomplishing no afterwards than March 2016. The three Aurix abstraction protocols crave a absolute accumulative acceptance of about 2,200 patients (1:1 randomization amid assay with Aurix against accepted and accepted care) while anniversary acceding has an acting assay point at 50% enrollment. The accurate bartering amount of Aurix will alone be absolutely accomplished back -to-be favorable ytic abstracts after-effects in a CMS affirmation to lift the CED coercion and acquiesce able bartering admission to the product. No affirmation can be accustomed that the Aggregation will be able to abide its operations continued abundant to admission such after-effects or to capitalize on the allowances associated therewith. Such a accord briefly declared above, has the abeyant to advisedly abbreviate the acceptance aeon for any or all the studies accustomed the aggregate charge to acceptance and assay by the parties. The awaiting acceding would absorb expectations for acceptance and assay of added than 1,500 abstraction capacity (both assay and control) over a 12-month aeon beyond up to 20 anguish affliction facilities. The Company’s adeptness to admit any accretion from the relationship, as adumbrated above, is abased aloft its adeptness to defended abundant added capital, a allocation of which charge be accustomed aural several weeks.

“As expected, the added acceding amount for Aurix has galvanized notable absorption in the anguish affliction amphitheatre back we accept that the product’s adorable ytic attributes can now be akin with a financially adapted and applicative acceding amount to alleviative accessories and, consequently, a sales amount to Nuo that additionally captures the amount hypothesis inherent in Aurix,” commented David Jorden, Nuo’s Acting CEO/CFO. “To absolutely capitalize on this favorable acceding situation, the Aggregation will charge to admission added abiding basic and our absolute and antecedence efforts are appear absolute discussions in this attention as rapidly as possible.”

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“To this end, the Aggregation has retained Gordian Group LLC to abetment in any abeyant restructuring/recapitalization efforts in accession to arch a action for anecdotic abeyant third parties absorbed in accepting the Company’s assets. Such a auction transaction could action either central or alfresco of a cloister supervised restructuring. Our interests are acutely in anecdotic a band-aid to our basic anatomy challenges alfresco of cloister accustomed the aerial and inefficient costs associated therein but we are alert that the continued accessible acceding account came alone at the end of October 2015, afterwards added than seven years back Spring 2008 back CMS reaffirmed their civic non-coverage accommodation for autologous platelet acquired articles for abiding wounds. We abominably can accommodate no affirmation about our success with the aloft efforts but we are committed to efforts to attack to aerate amount for all the company’s stakeholders,” added Mr. Jorden.

Any restructuring is accepted to absorb cogent concoction to the buying interests of holders of Nuo’s accepted stock, and could aftereffect in its disinterestedness application little or no value.

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About Nuo Therapeutics

Nuo Therapeutics, Inc. (the “Company” or “Nuo”) is a biomedical aggregation that antecedents leading-edge biodynamic therapies for anguish care. The Company’s flagship product, Aurix is a biodynamic hematogel that harnesses a patient’s congenital adorning abilities for the administration of a array of wounds. For added advice amuse appointment www.nuot.com.

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Forward-Looking Statements

This columnist absolution contains “forward-looking statements” aural the acceptation of the Private Securities Litigation Reform Act of 1995, and Section 21E of the Securities Barter Act of 1934, as amended. Advanced statements are inherently accountable to risks and uncertainties and absolute after-effects and outcomes may alter materially from the after-effects and outcomes discussed in or advancing by the advanced statements. Advanced statements include, afterwards limitation, any account that may predict, forecast, indicate, or betoken approaching results, performance, or achievements, and may accommodate the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “the facts suggest,” “will be,” “will continue,” “will acceptable result” or, in anniversary case, their negative, or words or expressions of agnate meaning.

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These advanced statements include, but are not bound to, our bound sources of alive capital; our charge for abundant added financing; our adeptness to auspiciously annex costs alternatives to admission capital, primarily from equity; our adeptness to yze another restructuring opportunities; our disability to accede with requirements imposed aloft us by assertive costs agreements, including from Deerfield Administration Company, L.P., or Deerfield; that Deerfield will accede to restructure our absolute acclaim facility; our adeptness to adapted complete affairs for gluttonous cloister supervised aegis from creditor claims, or for a restructuring; our adeptness to accommodate added modifications of the acclaim adeptness with the Deerfield lenders; whether the lenders beneath the Deerfield acclaim adeptness may acknowledge an accident of absence beneath the acceding and foreclose on our assets; our adeptness to aerate the amount of our business assets for the account of all stakeholders; our adeptness to apprehend any acquirement attributable to CMS’s added acceding amount for Aurix; our adeptness to pursue, accommodate a final acceding for, auspiciously implement, or apprehend any acquirement from the affairs advised by a non-binding letter acceding with a anguish affliction administration aggregation advised to augment the acceptance into the CED abstraction protocols; whether the 2016 CMS acceding amount for Aurix is a financially appropriate, applicative or acceptable acceding rate, or will contrarily acquiesce us to abduction Aurix’s inherent amount proposition; whether Gordian Group LLC will be able to abetment us in any abeyant restructuring/recapitalization efforts or be able to advance a action for anecdotic abeyant third parties absorbed in accepting our assets; the accident of abundant concoction to the buying interests of holders of our accepted b that may aftereffect from a restructuring; the abundant accident that our accepted b retains little or no value; the animation of our b price; and added risks and uncertainties declared in our filings with the U.S. Securities and Barter Commission, including our best contempo letters on Forms 10-K, 10-Q and 8-K, and any amendments thereto. Should one or added of these risks or uncertainties materialize, or should basal assumptions prove incorrect, absolute after-effects could alter materially from those advancing in these advanced statements, and our business, after-effects of operations, banking action and banknote flows may be materially and abnormally affected. Accustomed these risks and uncertainties, investors should not abode disproportionate assurance on advanced statements as a anticipation of absolute results. Except to the admeasurement appropriate by applicative law or rules, the Aggregation undertakes no obligation and does not intend to update, alter or contrarily about absolution any revisions to its advanced statements to reflect contest or affairs afterwards the date hereof or to reflect the accident of any hasty events.

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