Milestone Scientific Commences Sales of CompuFlo® Epidural Disposables within Omaha Pain Physicians
14 Marzo 2024 - 1:30PM
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 to Omaha Pain Physicians, a
comprehensive medical pain management center in Omaha, NE. Omaha
Pain Physicians is focused on treating patients with acute and
chronic pain.
Adoption of the technology by this clinic
follows a successful evaluation process by its founder and medical
director, Dr. Matthew Stottle, an interventional pain medicine
physician, who is board-certified by the American Board of
Anesthesiology in both anesthesiology and pain medicine.He received
his medical degree from the University of Nebraska College of
Medicine and has been in practice for over 10 years. Dr. Matthew
Stottle has expertise in treating neck pain and spine problems,
among other conditions.
Dr. Matthew Stottle completed 10 cases using the
CompuFlo Epidural system at Omaha Pain Physicians, in which he
reported 100% success. The evaluation included Epidural Steroid
Injection (ESI) procedures within the lumbar, thoracic and cervical
thoracic junction of the spine.
Dr. Matthew Stottle stated, “CompuFlo offers
significant safety enhancements when performing an ESI procedure.
In turn, this provides a safer method to deliver the medication to
the treatment area.”
Arjan Haverhals, CEO and president of Milestone
Scientific, stated, “We are pleased to witness the adoption of our
technology by an additional pain management clinic. Similar to
preceding practices, Omaha Pain Physicians conducted a successful
evaluation period, reinforcing the ongoing success and safety of
the CompuFlo system, which we believe will help advance our efforts
on the reimbursement front. We appreciate the support of Dr.
Stottle, which illustrates his commitment to incorporating the
latest technologies to ensure the best patient outcomes.”
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, 2022. 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: David Waldman or Natalya
RudmanCrescendo Communications, LLCEmail: mlss@crescendo-ir.comTel:
212-671-1020
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