Raporty Spółek ESPI/EBI

Signing the Agreement with RedOne Medical to Distribute the CompuFlo Epidural System

MILESTONE MEDICAL (USU6005B1045)

13-12-2019 01:02:56 | Bieżący | ESPI | 5/2019
oRB_ASO: Signing the Agreement with RedOne Medical to Distribute the CompuFlo Epidural System

PAP
Data: 2019-12-13

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 5 / 2019
Data sporządzenia: 2019-12-13
Skrócona nazwa emitenta
MILESTONE MEDICAL
Temat
Signing the Agreement with RedOne Medical to Distribute the CompuFlo Epidural System
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 it received the signed distribution agreement with RedOne Medical, a leading medical device distributor and wholesaler serving the Department of Veterans Affairs _VA_ medical centers and Department of Defense _DoD_ hospitals, to distribute the CompuFlo® Epidural System.

RedOne Medical is a CVE-certified Service-Disabled Veteran-Owned Small Business _SDVOSB_ located in Savannah, GA. Wholly owned and operated by a combat veteran, RedOne Medical is a leading medical device distributor and wholesaler serving the Department of Veterans Affairs _VA_ medical centers and Department of Defense _DoD_ hospitals. RedOne Medical donates a portion of profits to leading charities as part of its mission to support veterans, military families and their communities.

The Board of Directors of the Issuer believes that partnering with RedOne Medical will provide the access to all federal medical facilities worldwide and is one of many strategic initiatives in order to support the global rollout strategy of the CompuFlo® Epidural System. The Board of Directors of the Company is excited to partner with RedOne Medical to improve healthcare outcomes for America's warfighter and veteran patients. The Board of Directors of the Issuer is honored to support VA and DoD hospitals with its clinically proven CompuFlo® Epidural System, which is 99% effective in identifying the epidural space on the first attempt, 14% more successful in patients with high body mass index, and reduces procedure time by one minute.

The recent results of international multicenter study, that were announced at the ANESTHESIOLOGY® 2019 Annual Meeting in Orlando, Florida compared the accidental dural puncture rate and its complications while using the CompuFlo® Epidural System versus traditional loss of resistance _LOR_ technique in patients under labor epidural analgesia. The study collected records between 2015 and 2019 of epidural administration on labor and delivery patients using the CompuFlo® Epidural System from four institutions, one in the U.S., one in Chile, and two from Italy. Among the four sites, there were 812 patients who received epidural analgesia with CompuFlo® and none had accidental dural puncture regardless of the composition of the epidural performer types. In comparison, the rate of accidental dural puncture was 5% in the LOR group in the non inferiority trial.

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
2019-12-13 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 Signing the Agreement with RedOne Medical to Distribute the CompuFlo Epidural System
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 2019-12-13
Rok biezacy 2019
Numer 5
adres www
Serwis Ekonomiczny Polskiej Agencji Prasowej SA 2019 Copyright PAP SA - Wszelkie prawa zastrzezone.