Aurix System definition

Aurix System means a point of care cell separation device invented by Nuo which produces a platelet based therapeutic formulation for use on chronic, hard to heal wounds and ulcers.

Examples of Aurix System in a sentence

  • Nuo is the owner of certain intellectual property rights pursuant to which it has commercialized a point of care cell separation device which produces a platelet based therapeutic formulation for use on chronic, hard to heal wounds and ulcers offered as the Aurix System.

  • Millennia or Millennia Cooperation, a Japan corporation, with principal office at 1▇-▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇-▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇., ▇▇, ▇▇▇▇-▇▇, ▇▇▇▇▇, ▇▇▇▇▇ (“MJ”) shall continue working with Rohto on the clinical studies and market penetration for the Aurix System as contemplated by the RHOTO/Nuo License Agreement.

  • For each Aurix System kit ordered, each RXH Partner Hospital shall pay Nuo in the normal course and subject to standard payment terms the then current product price (which product price shall be $700 in 2016 and no greater than $750 in the remainder of the Initial Term) which is reimbursed by CMS according to the Medicare Reimbursement Information attached as Exhibit B.