Milestone Scientific Expands Adoption of CompuFlo® Epidural System with Commercial Rollout at Pain Doctors Medical LLC
04 Février 2025 - 4:00PM
Milestone Scientific Inc. (NYSE: MLSS), a leading
developer of computerized drug delivery instruments that provide
painless and precise injections, today announced the commercial
implementation of its CompuFlo® Epidural System at Pain Doctors
Medical LLC, a specialized interventional pain management center.
This rollout follows a successful evaluation led by Dr. Ilana
Etelzon, MD, a board-certified expert in Interventional Pain
Management and Physical Medicine & Rehabilitation Medicine, who
has integrated the technology into her practice to enhance patient
safety and procedural efficiency.
The CompuFlo® Epidural System uses Milestone
Scientific’s proprietary Dynamic Pressure Sensing Technology® to
provide real-time verification of epidural needle placement. This
precision-driven approach improves safety and reduces the risk of
complications, allowing for greater confidence in pain management
procedures.
Dr. Etelzon commented, “The CompuFlo® Epidural
System represents a significant advancement in epidural
administration. The ability to confirm needle placement with
real-time feedback not only enhances procedural accuracy but also
provides peace of mind for both physicians and patients.
Integrating this technology into my practice at Pain Doctors
Medical LLC allows us to deliver safer and more effective pain
management solutions.”
This launch follows the recent Medicare price
assignment for the CompuFlo® Epidural System, which is helping
drive broader accessibility across interventional pain management
and rehabilitation centers. With a strong track record of clinical
validation, the system is increasingly being recognized as an
essential tool for improving patient care.
Neal Goldman, Chairman and Interim Chief
Executive Officer of Milestone Scientific, added, “Expanding our
reach within interventional pain management centers like Pain
Doctors Medical LLC is a crucial step in broadening the reach of
our CompuFlo® technology. Dr. Etelzon’s positive experience with
the system reaffirms its clinical benefits, and we are committed to
furthering its adoption across leading pain management providers.
As reimbursement coverage continues to strengthen, we anticipate
accelerating growth within this sector.”
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 and dental 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, 2023. 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, LLCEmail: mlss@crescendo-ir.comTel:
212-671-1020
Milestone Scientific (AMEX:MLSS)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
Milestone Scientific (AMEX:MLSS)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025