On November 30, 2018 the Board of Directors of the Aytu BioScience, Inc. expanded the size of the Board of Directors by two seats and elected Ketan B. Mehta as a director. The company anticipates that the Board of Directors will elect Steven J. Boyd to fill the remaining vacancy in the first quarter of 2019. Mr. Mehta is the President and CEO and founder of Tris Pharma. Before founding Tris Pharma in 2000, Mr. Mehta worked for Capsugel (formerly a division of Pfizer) in sales, marketing and business development for eight years. Mr. Boyd is the Chief Investment Officer and founder of Armistice. Prior to founding Armistice, Mr. Boyd was a senior research analyst at Senator Investment Group, an associate at York Capital, an analyst at SAB Capital Management and an analyst at McKinsey & Company.