Aytu BioScience Completes $5.175 Million Private Placement

ENGLEWOOD, Colo., Sept. 2, 2015, OTCQB, AYTU, /PRNewswire/ Aytu BioScience, Inc. (OTCQB: AYTU), a specialty healthcare company focused on developing treatments for urological and related conditions, announced today that it has closed the final tranche of its planned private placement convertible note financing, raising a total of $5.175 million, which includes proceeds from two prior tranches totaling $3.175 million. Josh Disbrow, Chief Executive Officer of Aytu, stated, Proceeds from this private placement are intended to be used to conduct clinical studies for both Zertane® and RedoxSYS™ and for working capital to begin commercializing FDA-approved ProstaScint®, as well as general corporate purposes.  We look forward to continued execution on our clinical and corporate strategy as we build our urology-focused organization. Newbridge Securities Corporation, through LifeTech Capital, acted as sole placement agent for the institutional portion of the offering. The notes offered a
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