Milestone Scientific, Inc. Common Stock
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Milestone Scientific Inc. (MLSS) is a biomedical technology company based in Roseland, New Jersey, best known for developing computer-controlled devices designed to improve the precision and comfort of anesthetic injections in medical and dental procedures.
The company operates through two main segments: Dental and Medical. For dental professionals, its flagship product is the Wand system, marketed under names like CompuDent and STA Single Tooth Anesthesia System. This is a single-use, disposable handpiece device used to deliver local anesthetic. For the medical field, the company's primary technology is the CompuFlo system. This computer-controlled drug delivery system is engineered to provide accurate, pressure-sensing administration of anesthetics, drugs, and other fluids, and can also be used for aspiration. A disposable handpiece is used with the system to give the practitioner tactile control during injections.
Specific medical applications for the CompuFlo technology include the CompuFlo Epidural system. The company also markets the CompuMed system for use in a variety of other medical disciplines. These include procedures in plastic surgery, hair restoration, colorectal surgery, podiatry, dermatology, and orthopedics. Founded in 1989, Milestone Scientific patents, designs, and commercializes these injection technologies for markets in the United States, China, and internationally.