Aytu BioScience, Inc. announced that effective April 15, 2019, the Board appointed Steven J. Boyd, age 38, to the Board to fill one of the two vacancies on the Board. Since July 2012 Mr. Boyd has served as the Chief Investment Officer of Armistice Capital, LLC, the investment manager of Armistice Capital Master Fund Ltd. Effective April 15, 2019, Mr. Gary Cantrell resigned from the Company's Audit Committee and as Chairman of the Compensation Committee. Mr. Cantrell will remain a member of the Compensation Committee. In addition, effective April 15, 2019, the Board appointed Mr. Michael Macaluso to the Company's Audit Committee and the Compensation Committee and appointed Mr. Macaluso as Chairman of the Compensation Committee.