Raporty Spółek ESPI/EBI

Receiving 510(k) FDA Clearance for CompuFlo® Epidural Instrument

MILESTONE MEDICAL (USU6005B1045)

12-06-2017 15:54:18 | Bieżący | ESPI | 7/2017
oRB_ASO: Receiving 510(k) FDA Clearance for CompuFlo® Epidural Instrument

PAP
Data: 2017-06-12

Firma: MILESTONE MEDICAL INC

oSpis tresci:
1. RAPORT BIEŻĄCY
2. MESSAGE (ENGLISH VERSION)
3. INFORMACJE O PODMIOCIE
4. PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Nazwa arkusza: RAPORT BIEŻĄCY


KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 7 / 2017
Data sporządzenia: 2017-06-12
Skrócona nazwa emitenta
MILESTONE MEDICAL
Temat
Receiving 510_k_ FDA Clearance for CompuFlo® Epidural Instrument
Podstawa prawna
Art. 17 ust. 1 MAR - informacje poufne.
Treść raportu:
The Board of Directors of Milestone Medical Inc. _WAR: MMD, "the Company", "the Issuer"_, today announced the CompuFlo® Epidural Computer Controlled Anesthesia System has received 510_k_ clearance from the U.S. Food and Drug Administration _FDA_. The CompuFlo® Epidural System provides anesthesiologists and other Health Care Providers for the first time, the ability to quantitatively determine and document the pressure at the needle tip in real-time. The CompuFlo® Epidural's proprietary DPS Dynamic Pressure Sensing Technology™ _DPS_ allows the CompuFlo® Epidural to provide objective visual and audible in-tissue pressure feedback that allows anesthesiologists to identify the epidural space.

The Board of Directors of Issuer is pleased to receive marketing clearance from the FDA, which is considered globally to be the regulatory gold standard in premarket review.

Looking ahead, the Company is now focused on reaching out to the top key opinion leaders in the U.S., as the Issuer has been doing successfully across Europe. The CompuFlo® Epidural System's ease of use allows use by medical professionals with varying levels of experience, which further drives the value proposition of this technology. In addition, due to what is seen as the device's add-on value proposition, the Company plans to seek reimbursement codes over and above those already in place for traditional epidural procedures.

510_k_ FDA Clearance was supported by the COMPASS Study _CompuFlo® Assessment Study_, which was a prospective, randomized, controlled, parallel group, multicenter, pivotal study to assess the safety and effectiveness of epidural space verification with the CompuFlo® Epidural Instrument. The primary objective of the COMPASS study was to determine whether the success rate of performance of lumbar epidural anesthesia with the CompuFlo Epidural to identify the epidural space is equivalent to performance of lumbar epidural anesthesia with the LOR technique. The clinical study enrolled 400 patients, of which two-hundred-forty subjects _240_ required epidural procedure as part of the chronic pain management and one-hundred-sixty _160_ required epidural procedure for acute pain management during labor and delivery. The CompuFlo® Epidural with Dynamic Pressure Sensing Technology resulted in the anesthesiologists objectively identifying the epidural space with 99% success on the first attempt. The COMPASS study involved use of the CompuFlo Epidural in 21 obese subjects _BMI > 31_, with performance in this group found to be comparable to the performance seen in patients with lower BMIs. However due to the relatively small sample size of obese patients studied, the safety and effectiveness profile in this subgroup of patients is not fully known.

Based on the nonclinical and clinical tests conducted, it was demonstrated that the CompuFlo Epidural device is as safe, as effective and performs as well as or better than the legally marketed predicate devices.

The overall results of the COMPASS study demonstrated that the CompuFlo® Epidural can serve as an everyday epidural needle placement confirmation solution.

Nazwa arkusza: MESSAGE (ENGLISH VERSION)


MESSAGE _ENGLISH VERSION_

Nazwa arkusza: INFORMACJE O PODMIOCIE


MILESTONE MEDICAL INC
_pełna nazwa emitenta_
MILESTONE MEDICAL
_skrócona nazwa emitenta_ _sektor wg. klasyfikacji GPW w W-wie_
NJ 07039 .
_kod pocztowy_ _miejscowość_
South Orange Avenue Livingston 220
_ulica_ _numer_
+11 973 535 2717 +11 973 535 2829
_telefon_ _fax_
_e-mail_ _www_
27-5484393
_NIP_ _REGON_

Nazwa arkusza: PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ


PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
Data Imię i Nazwisko Stanowisko/Funkcja Podpis
2017-06-12 Joseph D'Agostino Chief Financial Officer Joseph D'Agostino


Identyfikator raportu g3rnkvrut1
Nazwa raportu RB_ASO
Symbol raportu RB_ASO
Nazwa emitenta MILESTONE MEDICAL INC
Symbol Emitenta MILESTONE MEDICAL
Tytul Receiving 510(k) FDA Clearance for CompuFlo® Epidural Instrument
Sektor
Kod NJ 07039
Miasto .
Ulica South Orange Avenue Livingston
Nr 220
Tel. +11 973 535 2717
Fax +11 973 535 2829
e-mail
NIP 27-5484393
REGON
Data sporzadzenia 2017-06-12
Rok biezacy 2017
Numer 7
adres www
Serwis Ekonomiczny Polskiej Agencji Prasowej SA 2017 Copyright PAP SA - Wszelkie prawa zastrzezone.