Raporty Spółek ESPI/EBI

Receiving a Notice of Allowance for U.S Patent Related to Breakthrough CompuPulse System

MILESTONE MEDICAL (USU6005B1045)

24-02-2021 23:38:16 | Bieżący | ESPI | 7/2021
oRB_ASO: Receiving a Notice of Allowance for U.S Patent Related to Breakthrough CompuPulse System

PAP
Data: 2021-02-24

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 / 2021
Data sporządzenia: 2021-02-24
Skrócona nazwa emitenta
MILESTONE MEDICAL
Temat
Receiving a Notice of Allowance for U.S Patent Related to Breakthrough CompuPulse 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 that Milestone Scientific, Inc. _NYSE:MLSS_, the licensor and the majority shareholder of the Issuer has received a Notice of Allowance from the United States Patent and Trademark Office _USPTO_ related to its new CompuPulse System, which integrates the Company’s CompuWave™ technology with a manual syringe.

The Board of Directors of the Company is pleased that its licensor received this Notice of Allowance related to new CompuPulse System, which combines the benefits of CompuWave technology with a manual syringe. Importantly, the new CompuPulse System allows one to identify a pulsatile pressure waveform in a variety of applications, thereby improving the reliability and safety of a drug delivery procedure. Importantly, not all procedures require the sophistication of our CompuFlo system, which precisely controls the administration and flow rate of medication as it is being administered. This new technology provides an efficient and low cost alternative for procedures where a manual syringe may suffice, while still providing the ability to verify needle and subsequent catheter placement.

The Board of Directors of the Company believes that this Notice of Allowance significantly expands the intellectual property of Milestone Scientific surrounding the injection and drug delivery systems and, in turn, further solidifies its leadership position in the computerized injection market. The Board of Directors of the Issuer believes the combination of the CompuWave technology with the lower cost of a manual syringe opens up a number of exciting new markets and applications for the technology, while still ensuring precise confirmation of needle placement and verification that a catheter has not been displaced during or after a procedure.

The Notice of Allowance relates to a method and an apparatus that detects a pulsatile pressure waveform to more easily perform the identification of anatomical target regions. The pulsatile waveform is representative of the detection of pressures that are produced by the cardio-vascular system either directly or indirectly. This same system can be used to aid in the determination of the patency of a catheter and to assist in determining if a catheter has been displaced during a procedure.

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
2021-02-24 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 a Notice of Allowance for U.S Patent Related to Breakthrough CompuPulse 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 2021-02-24
Rok biezacy 2021
Numer 7
adres www
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