Item 7.01 Regulation FD Disclosure.
On June 24, 2009, ULURU Inc., a Nevada corporation (the "Company"), announced
that at this time discussions to acquire York Pharma, plc, a public limited
company incorporated under the laws of England and Wales ("York"), have been
terminated. The Company had previously announced that it intended to proceed
with an offer to acquire all of the issued share capital of York, as described
in that certain non-binding offer letter dated April 6, 2009 by and between the
Company and York. The Company delivered written notice of the termination of
such discussions to York on June 19, 2009 (the "Notice"). Also included in the
Notice was notification to York that all amounts owing to the Company under that
certain secured revolving credit facility established pursuant to that certain
Note Purchase Agreement dated March 31, 2009 by and between the Company and York
(the "Facility"), which amounts total US$1,000,000, plus all accrued but unpaid
interest, are due and payable in accordance with the terms of the Facility.
This Facility is secured by substantially all of the assets of York and its
subsidiaries.
A copy of a press release issued by the Company regarding the items described
above is attached to this Current Report on Form 8-K as Exhibit 99.1 and is
incorporated herein by reference.