- CEO
- David E. Jorden
- Full Time Employees
- 9
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 8285 El Rio Houston TX United States of America 77054
- IPO Date
- Oct 24, 2017
- Business
- Nuo Therapeutics, Inc. (AURX) operates as a commercial-stage medical device company that develops, commercializes and markets cell-based regenerative therapies harnessing the human body's innate healing capacity for chronic wound care primarily in the United States. The company offers its flagship Aurix System, a point-of-care biodynamic hematogel that processes a patient's autologous peripheral blood to produce platelet-rich plasma (PRP) gel containing growth factors such as VEGF, PDGF, EGF, FGF and TGF-β, along with antimicrobial peptides effective against pathogens including MRSA; Aurix targets chronic non-healing wounds including diabetic foot ulcers, venous leg ulcers, pressure injuries and surgically debrided wounds, serving hospital outpatient wound care clinics and private practice physicians. Founded in 1998 and headquartered at 8285 El Rio Street, Suite 190 in Houston, Texas, Nuo Therapeutics was formerly known as Cytomedix, Inc., changing its name in November 2014.
In recent developments, the company entered a five-year exclusive private label distribution agreement with Smith+Nephew effective March 31, 2025, under which Smith+Nephew markets the Aurix System as the CENTRIO PRP system in the U.S. wound care market, providing Nuo with an annual upfront fee of approximately $1.3 million, minimum purchase commitments, and potential reimbursement milestone payments tied to Medicare code G0465 coverage. Additionally, Nuo announced a strategic partnership with PAM Health in April 2025 to expand access to the Aurix System across 23 states through PAM Health's clinical network, aiming to improve patient outcomes in chronic wound management. These alliances reflect Nuo's focus on scaling distribution and reimbursement in the advanced wound care sector projected to reach $17 billion by 2030.