Raporty Spółek ESPI/EBI

The receipt of 510(k) FDA clearance for the use of CompuFlo Epidural System in thoracic indications

MILESTONE MEDICAL (USU6005B1045)

27-02-2023 21:02:07 | Bieżący | ESPI | 1/2023
oRB_ASO: The receipt of 510(k) FDA clearance for the use of CompuFlo Epidural System in thoracic indications

PAP
Data: 2023-02-27

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 1 / 2023
Data sporządzenia: 2023-02-27
Skrócona nazwa emitenta
MILESTONE MEDICAL
Temat
The receipt of 510_k_ FDA clearance for the use of CompuFlo Epidural System in thoracic indications
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 its CompuFlo Epidural System has received 510_k_ FDA clearance for use in the thoracic region of the spine, including the cervical thoracic junction. This approval expands upon the Company's prior approval of CompuFlo for use within the lumbar region of the spine, where the focus has been on labor and delivery.

In the opinion of the Board of Directors the use of the CompuFlo Epidural System, with its patented DPS Dynamic Pressure Sensing Technology in these newly expanded indications, provides anesthesiologists and pain management providers the ability to navigate challenging anatomical regions in the thoracic region and cervical thoracic junction in real-time, confirming needle placement both audibly and visually, thereby making the epidural procedure easier and safer to perform.

The Board of Directors of the Company believes this approval will be of benefit to physicians who have been trained in the placement of epidurals in the thoracic and cervical regions of the spine, including anesthesiologists and pain management providers due to the difficulties accessing the epidural space, especially in the higher thoracic cervical regions of the spine. The Board of Directors of the Company believes that the use of the CompuFlo Epidural System in these regions will add another level of safety, efficiency and confidence as it audibly and visually measures tissue pressures in real time, allowing a provider to confirm the needle placement and will be a tremendous assistance for spinal cord stimulator cases.

The CompuFlo device should also be beneficial in teaching residents and nurse anesthetists the proper placement of epidural needles since it provides the instructor and student audible and visual confirmation when the tip of the needle is in the correct location.

The Board of Directors of the Company is delighted to receive marketing clearance from the FDA for this new thoracic indication and expand the scope of indications beyond labor and delivery into challenging thoracic and cervical epidural procedures, where the incidence rates of morbidity are believed to be much higher, at 17% and 30%, respectively. The FDA clearance represents a major milestone as it broadens the market opportunity for CompuFlo Epidural System. The Board of Directors of the Company looks forward to expanding the use of our technology within the area of pain management and remain encouraged by the interest in our epidural instruments by anesthesiologists and pain management providers, especially for patients with complex anatomy and difficult cases that involve the thoracic and cervical thoracic junction.

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
2023-02-27 Keisha Harcum Controller Keisha Harcum


Identyfikator raportu g3rnkvrut1
Nazwa raportu RB_ASO
Symbol raportu RB_ASO
Nazwa emitenta MILESTONE MEDICAL INC
Symbol Emitenta MILESTONE MEDICAL
Tytul The receipt of 510(k) FDA clearance for the use of CompuFlo Epidural System in thoracic indications
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 2023-02-27
Rok biezacy 2023
Numer 1
adres www
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