Nuo Therapeutics Withdrawn, Nasdaq: AURX

Markets a medical system for chronic wound care.

Industry: Health Care

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Industry: Health Care

Nuo Therapeutics is a regenerative therapies company developing and marketing products for chronic wound care primarily within the U.S. We commercialize innovative cell-based technologies that harness the regenerative capacity of the human body to trigger natural healing. The use of autologous (from self) biological therapies for tissue repair and regeneration is part of a transformative clinical strategy designed to improve long term recovery in inherently complex chronic conditions with significant unmet medical needs. Our current commercial offering consists of a point of care technology for the safe and efficient separation of autologous blood to produce a platelet based therapy for the chronic wound care market ("Aurix" or the "Aurix System"). Prior to May 5, 2016, we had two distinct Platelet Rich Plasma, or PRP, devices, the Aurix System for chronic wound care, and the Angel concentrated PRP, or cPRP, system for usage generally within the orthopedics market. Approximately 87% of our total revenue during the year ended December 31, 2016 have been generated in the United States, where we sold Aurix through direct sales representatives and Angel (until the Effective Date) via our distribution agreements with Arthrex. Approximately 78% of total revenue of the Successor Company since May 5, 2016 have been generated in the United States.
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IPO News for Nuo Therapeutics
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IPO Data
IPO File Date 04/11/2017
Offer Price
Price Range $4.50 - $5.50
Offer Shares (mm) 2.1
Deal Size ($mm) $11
IPO Data
IPO Date
Offer Price
Price Range $4.50 - $5.50
Offer Shares (mm) 2.1
Deal Size ($mm) $11
Underwriters
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Company Data
Headquarters Gaithersburg, MD
Founded 1998
Employees 17
Website www.nuot.com