Milestone Scientific Commences Sales of CompuFlo® Epidural Disposables within Three Prominent Colorado Pain Management Clinics
10 Março 2023 - 11:00AM
Milestone Scientific Inc.
(NYSE:MLSS), a leading developer of computerized
drug delivery instruments that provide painless and precise
injections, today announced that it has commenced sales of
CompuFlo® Epidural disposables across three pain management
clinics in Colorado: Spine Correction Center of the Rockies;
Colorado Clinic; and Colorado Accident and Injury. Adoption of the
technology by these clinics follows a successful evaluation process
by Dr. Brad Sisson, MD, a recognized pain management doctor. Dr.
Sisson initially conducted five cases using the CompuFlo Epidural
instrument, in which he reported 100% success. The evaluation
included procedures within the thoracic region of the spine,
following the recent FDA approval of the CompuFlo Epidural System
for use in this indication. Dr. Sisson has practiced pain
management in Colorado since 1998 and performed over 15,000
epidural procedures during his career.
Dr. Brad Sisson commented, “I am excited to
incorporate Milestone Scientific’s CompuFlo Epidural Instrument
within my practice following a successful evaluation. The CompuFlo
Epidural Instrument was valuable in helping navigate the
challenging anatomical regions in the thoracic region and cervical
thoracic junction in real-time. The instrument is easy to use and
provides both audible and visual feedback, including confirmation
of epidural placement. As a result, this instrument offers a number
of advantages in terms of safety, efficiency and reduced risk of
complications. I strongly recommend this instrument for any pain
management practitioners, especially in the higher thoracic
cervical regions of the spine, where the incidence rates of
morbidity are believed to be much higher, due to the difficulties
accessing the epidural space.”
Arjan Haverhals, CEO and president of Milestone
Scientific, stated, “We are pleased to witness the adoption of our
technology by another three pain management clinics following a
successful evaluation period. The further validation of our
technology by Dr. Sisson illustrates his commitment to
incorporating the latest technologies to improve patient outcomes
and safety, especially within the more difficult thoracic region of
the spine. Moreover, this occurred just two weeks following the
receipt of 510(k) FDA clearance for use in the thoracic region of
the spine, which we believe highlights the importance and distinct
benefits of our technology for both patients and providers.”
About Milestone Scientific
Inc.Milestone Scientific Inc. (MLSS), a technology-focused
medical research and development company that patents, designs and
develops innovative injection technologies and instruments for
medical, dental and cosmetic applications. Milestone Scientific’s
computer-controlled systems are designed to make injections
precise, efficient and increase the overall patient comfort and
safety. Their proprietary DPS Dynamic Pressure Sensing Technology®
instruments is the platform to advance the development of
next-generation devices, regulating flow rate and monitoring
pressure from the tip of the needle, through platform extensions of
subcutaneous drug delivery, including local anesthetic. To learn
more, view the MLSS brand video or visit
milestonescientific.com.
Safe Harbor Statement This
press release contains forward-looking statements regarding the
timing and financial impact of Milestone's ability to implement its
business plan, expected revenues, timing of regulatory approvals
and future success. These statements involve a number of risks and
uncertainties and are based on assumptions involving judgments with
respect to future economic, competitive and market conditions,
future business decisions and regulatory developments, all of which
are difficult or impossible to predict accurately and many of which
are beyond Milestone's control. Some of the important factors that
could cause actual results to differ materially from those
indicated by the forward-looking statements are general economic
conditions, failure to achieve expected revenue growth, changes in
our operating expenses, adverse patent rulings, FDA or legal
developments, competitive pressures, changes in customer and market
requirements and standards, and the risk factors detailed from time
to time in Milestone's periodic filings with the Securities and
Exchange Commission, including without limitation, Milestone's
Annual Report for the year ended December 31, 2021. The
forward-looking statements in this press release are based upon
management's reasonable belief as of the date hereof. Milestone
undertakes no obligation to revise or update publicly any
forward-looking statements for any reason.
Contact:Crescendo Communications, LLC Email:
mlss@crescendo-ir.com Tel: 212-671-1020
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