Aug 10 (Reuters) - Nuvo Pharmaceuticals Inc NRI.TO :
* NUVO PHARMACEUTICALS™ ANNOUNCES LETTER OF INTENT TO ACQUIRE COMMERCIAL PRODUCTS AND INFRASTRUCTURE FROM ARALEZ PHARMACEUTICALS
* NUVO PHARMACEUTICALS INC - DEERFIELD WOULD BE EXPECTED TO BE SOLE FINANCIER TO NUVO TO FUND PROPOSED TRANSACTION
* NUVO PHARMACEUTICALS - DEERFIELD WOULD PROVIDE SENIOR SECURED DEBT FACILITY OF $112.5 MILLION WITH 6-YEAR TERM AT 3.5%
* NUVO PHARMACEUTICALS - AS PART OF FINANCING, CO WOULD ISSUE TO DEERFIELD 43.6 MILLION COMMON SHARE PURCHASE WARRANTS WITH EXERCISE PRICE OF $3.53 & A 6-YEAR LIFE