other material
confidence high
sentiment neutral
materiality 0.35
Nuo Therapeutics enters interim sales agency agreement with Smith+Nephew for Aurix products
Nuo Therapeutics, Inc.
- Amendment to Distribution Agreement grants Smith+Nephew interim sales agent role for Nuo Aurix brand to certain Smith+Nephew customers.
- Smith+Nephew receives commission on net sales of Nuo branded products sold to its customers under interim arrangement.
- Interim agency terminates by Dec 31, 2025 or earlier with 30 days written notice.
- Underlying five-year Distribution Agreement for Nuo to supply private-label Aurix to Smith+Nephew remains in effect.