Endonovo Buys Back Convertible Note From Lender Avoiding Any Immediate Dilution

LOS ANGELES, CA--(Marketwired - December 11, 2015) - Endonovo Therapeutics, Inc. (OTCQB: ENDV) (“Endonovo” or the “Company”), an innovative biotechnology company developing bioelectronics-based products and therapies for regenerative medicine, announced that it has paid in full a convertible promissory note with Vis Vires Group, Inc. for $56,590.85 avoiding any immediate dilution.

Endonovo is also working with several new investors as well as a top tier New York Investment Bank to secure a larger round of financing to complete its pre-clinical work and explore licensing and potential revenue producing applications of its technologies.

Alan Collier, Chairman and CEO, commented, “We remain committed to increasing shareholder value and avoiding immediate shareholder dilution. This represents a significant first step toward consolidating and eliminating our convertible debt. As a result, this provides the company flexibility as it continues to work on obtaining a larger round of institutional financing. We are vigilant when it comes to protecting our shareholders’ interest while we progress towards the commercialization of the company’s two leading platforms.”

About Endonovo Therapeutics

Endonovo Therapeutics, Inc. is an innovative biotechnology company developing bioelectronic devices and therapies for regenerative medicine. Endonovo’s Immunotronics™ platform is a non-invasive, non-implantable bioelectronic device for treating/preventing vital organ failure through the reduction of inflammation, cell death and the promotion of regeneration. Endonovo’s Cytotronics™ platform provides for a method of expanding and manipulating cells using simulated microgravity and Time-Varying Electromagnetic Fields (TVEMF) for tissue engineering and cell therapies. The Company’s initial concentration is on the treatment of acute and chronic inflammatory conditions of the liver using its proprietary Immunotronics™ platform.

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