Company: APM
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001213900-25-118752
Chunk: 328

Company: Aptorum Group Ltd
Filing Date: 2025-12-05
Form: 424B5
Chunk 328
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 standards for electronic transactions,
which establish standards for common health care transactions.

The privacy regulations cover
the use and disclosure of PHI by health care providers. They also set forth certain rights that an individual has with respect to his
or her PHI maintained by a health care provider, including the right to access or amend certain records containing PHI or to request restrictions
on the use or disclosure of PHI. The security regulations establish requirements for safeguarding the confidentiality, integrity,
and availability of PHI that is electronically transmitted or electronically stored. The HITECH Act, among other things, established certain
health information security breach notification requirements. A covered entity must notify any individual whose PHI is breached. The HIPAA
privacy and security regulations establish a uniform federal “floor” and do not supersede state laws that are more stringent
or provide individuals with greater rights with respect to the privacy or security of, and access to, their records containing PHI.

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These laws contain significant
fines and other penalties for wrongful use or disclosure of protected health information.

Federal, State and Foreign Fraud and Abuse Laws

In the United States,
there are various fraud and abuse laws with which DiamiR must comply and DiamiR is potentially subject to regulation by various federal,
state and local authorities. DiamiR also may be subject to foreign fraud and abuse laws.

In the United States,
the federal Anti-Kickback Statute prohibits, among other things, knowingly and willfully offering, paying, soliciting or receiving remuneration
to induce or in return for patient referrals for, or purchasing, leasing, ordering or arranging for the purchase, lease or order of, any
health care item or service reimbursable under a governmental payor program.

Courts have stated that a financial
arrangement may violate the Anti-Kickback Statute if any one purpose of the arrangement is to encourage patient referrals or other federal
health care program business, regardless of whether there are other legitimate purposes for the arrangement. The definition of “remuneration”
has been broadly interpreted to include anything of value, including gifts, discounts, credit arrangements, payments of cash, consulting
fees, waivers of co-payments, ownership interests and providing anything at less than its fair market value. Penalties for federal anti-kickback
violations are severe, and include imprisonment, criminal fines, civil money penalties, and exclusion from participation in federal health
care programs. Many states also have anti-kickback statutes, some of which may