Milestone Scientific Inc. develops and commercializes proprietary computer controlled drug delivery systems designed to enhance safety precision and patient experience for subcutaneous injections and fluid aspiration procedures. Its core technology platform Dynamic Pressure Sensing (DPS) Technology controls flow rate and measures pressure at the needle tip in real time. The technology is incorporated into the Company’s dental and medical products supporting applications…
Milestone Scientific Inc. develops and commercializes proprietary computer controlled drug delivery systems designed to enhance safety precision and patient experience for subcutaneous injections and fluid aspiration procedures. Its core technology platform Dynamic Pressure Sensing (DPS) Technology controls flow rate and measures pressure at the needle tip in real time. The technology is incorporated into the Company’s dental and medical products supporting applications such as local anesthesia delivery epidural space identification and intra articular joint injections. The Company markets its dental products under the CompuDent and STA Single Tooth Anesthesia System trademarks using the Wand single use disposable handpiece and sells them in the United States Canada and more than 40 other countries. In the medical market the Company has obtained FDA 510(k) clearance for its CompuFlo Epidural Computer Controlled Anesthesia System for use in specified regions of the spine.
The Company generates revenue from the sale of its dental products including the CompuDent System the STA Single Tooth Anesthesia System and Wand handpieces and from the sale of its medical product the CompuFlo Epidural System. Dental products are sold directly to dental offices and groups through an online sales portal in the United States and through exclusive and non exclusive distribution arrangements in international markets. Medical products are sold via a direct sales force supplemented by third party distributors domestically and through third party distributors internationally.
The Company operates through the following segments: Dental Products and Medical Products.
- The Dental Products segment develops and markets computer controlled local anesthesia delivery systems including the CompuDent System the STA Single Tooth Anesthesia System and the Wand disposable handpiece for use in dental procedures across the United States Canada and over 40 other countries.
- The Medical Products segment develops and markets the CompuFlo Epidural Computer Controlled Anesthesia System which has received FDA 510(k) clearance for lumbar and thoracic epidural injections and provides real time pressure feedback for epidural placement and fluid aspiration in domestic and international markets.
Milestone Scientific Inc. occupies a pioneering position as the first company to commercialize a virtually painless subcutaneous injection device thereby establishing the computer controlled drug delivery category. Its Dynamic Pressure Sensing technology differentiates the Company from competitors such as Soan Quicksleeper SleeperOne Dentapen Anaeject Calaject Comfort Control Syringe in the dental market and EpiFaith Episure Epidrum EpiFinder in the medical market by providing continuous real time audible and visual pressure feedback during injection. The Company benefits from more than three hundred issued patents strong brand awareness in dental and regulatory clearances that support its competitive advantage.
The Company serves dental practitioners including general dentists specialists and dental groups as well as medical professionals such as anesthesiologists pain management specialists and hospitals. Specific customer names are not disclosed in the filing.