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Last $1.67 USD
Change Today -0.05 / -2.91%
Volume 2.4K
MLSS On Other Exchanges
As of 8:04 PM 02/5/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

220 South Orange Avenue

Livingston, NJ 07039

United States

Phone: 973-535-2717

Fax: 973-535-2829

Milestone Scientific Inc. provides technologies and solutions for the medical and dental markets in the United States, Canada, Asia, Africa, South America, and Europe. Product Platform The company’s product portfolio includes the following: STA Single Tooth Anesthesia Instrument (STA Instrument) The STA Instrument is a patented, computer-controlled local anesthesia delivery instrument that incorporates the ‘pressure feedback’ elements of the company’s patented CompuFlo technology, thereby allowing dentists to administer injections into the periodontal ligament space, effectively anesthetizing a single tooth. An instrument which allows dentists to effectively anesthetize a single tooth would greatly enhance the productivity of dental practices, and when combined with the painless injection capabilities already present in the CompuDent instrument, such an instrument should provide a compelling value in the marketplace. CompuDent CompuDent (also known as the Wand Plus internationally) is the company’s proprietary, patented Computer-Controlled Local Anesthetic Delivery (C-CLAD) instrument and predecessor of the STA Instrument. CompuMed CompuMed is a patented computer-controlled injection instrument geared to the needs of the medical market and providing benefits similar to CompuDent. CompuMed is used in colorectal surgery; podiatry; dermatology, including surgery for the removal of basal cell carcinomas and other oncological dermatologic procedures; nasal and sinus surgery, including rhinoplasty; hair transplantation and cosmetic surgery, among others. The CompuMed is being replaced by instruments that include CompuFlo technology geared to specific medical disciplines. The Wand The Wand handpiece is used in conjunction with the STA, CompuDent and CompuMed instruments. It is a designed and patented handpiece that enables all traditional and newer injections, such as AMSA, P-ASA and Modified-PDL. Research and Development During the 2014, the company expensed $88,243 on research and development activities. Trademarks The company has rights to the following trademarks: CompuDent, CompuMed, CompuFlo, The Wand, The Wand Plus, The SafetyWand, Dynamic Pressure Sensing Technology, STA Single Tooth Anesthesia, (STA Instrument, instruments and handpieces), Ionic White (light emitting diode), and Ionic White (whitening toothpaste). Medical Instrument for Joint Venture In 2011, the company entered into a joint venture agreement with Beijing 3H (Heart-Help-Health) Scientific Technology Co., Ltd. (Beijing 3H) for the development, commercialization, manufacture and marketing of an epidural and intra-articular injection instruments. The company held a 50% interest in the joint venture Milestone Medical Inc. (Milestone Medical). Government Regulation The company is subject to pervasive and continuing regulation by the U.S. Food and Drug Administration, whose regulations require manufacturers of medical devices to adhere to certain Quality Instrument Regulation requirements as defined by the FDC Act. History Milestone Scientific Inc. was founded in 1989. The company was incorporated in the state of Delaware in 1989.


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