Milestone Scientific Names Andau Medical as an Additional Distributor for the STA Single Tooth Anesthesia System® in North America

Rhea-AI Summary

Milestone Scientific (NYSE:MLSS) has announced a new agreement with Andau Medical to distribute its STA Single Tooth Anesthesia System in the U.S. and Canada. This partnership aims to enhance the dental experience by providing painless injections, reducing wait times, and minimizing complications. CEO Arjan Haverhals expressed optimism about the collaboration, noting Andau's strong track record in the dental market. Andau Medical’s founder, Sandi Wright, highlighted the system’s benefits for both patients and clinicians.

Positive

• New distribution agreement with Andau Medical for the STA Single Tooth Anesthesia System.
• Expansion into U.S. and Canadian dental markets expected to boost sales.
• Painless injections and reduced wait times could enhance patient satisfaction.

Negative

• None.

ROSELAND, N.J., Dec. 23, 2021 (GLOBE NEWSWIRE) -- Milestone Scientific Inc. (NYSE:MLSS), a leading developer of computerized drug delivery instruments, that provide painless and precise injections, today announced it has entered into an agreement with Andau Medical to distribute the STA Single Tooth Anesthesia System^® in the United States and Canada.

Arjan Haverhals, CEO of Milestone Scientific, stated, “We are pleased to announce the addition of Andau Medical to our growing roster of distributors for the STA Single Tooth Anesthesia System in the United States and Canada. We initially began our collaboration with Andau around our CompuFlo^® Epidural Instrument in Canada. In addition to medical devices, they have a strong track record introducing dental instruments to the market, which we believe will help further fuel the strong momentum we’re experiencing within our dental division.”

Sandi Wright, Founder and CEO of Andau Medical, commented, “We are excited to expand our existing partnership with Milestone Scientific by introducing the STA Single Tooth Anesthesia System through our broad network of dentists and hygienists across North America. The STA offers significant benefits to both patients and clinicians through painless injections, shorter wait times for anesthesia, fewer complications, and reduced patient cancellations.   This enables dentists to grow their businesses while improving the patient experience.”

About Andau Medical
Andau Medical is a Medical Device and Dental Device company focused on providing U.S. and Canadian markets with quality technologies that improve patient outcomes and enhance the clinical experience in delivering exceptional patient care. Andau has expertise in sales, marketing, regulatory and distribution, thereby enabling quick market uptake of both existing and new technologies. 

About Milestone Scientific Inc.
Milestone Scientific Inc. (MLSS), a technology focused medical research and development company that patents, designs and develops innovative injection technologies and instruments for medical, dental and cosmetic applications. Milestone Scientific’s computer-controlled systems are designed to make injections precise, efficient and increase the overall patient comfort and safety. Their proprietary DPS Dynamic Pressure Sensing Technology^® instruments is the platform to advance the development of next-generation devices, regulating flow rate and monitoring pressure from the tip of the needle, through platform extensions of subcutaneous drug delivery, including local anesthetic. To learn more, view the MLSS brand video or visit milestonescientific.com.

Safe Harbor Statement
This press release contains forward-looking statements regarding the timing and financial impact of Milestone's ability to implement its business plan, expected revenues, timing of regulatory approvals and future success. These statements involve a number of risks and uncertainties and are based on assumptions involving judgments with respect to future economic, competitive and market conditions, future business decisions and regulatory developments, all of which are difficult or impossible to predict accurately and many of which are beyond Milestone's control. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, failure to achieve expected revenue growth, changes in our operating expenses, adverse patent rulings, FDA or legal developments, competitive pressures, changes in customer and market requirements and standards, and the risk factors detailed from time to time in Milestone's periodic filings with the Securities and Exchange Commission, including without limitation, Milestone's Annual Report for the year ended December 31, 2020. The forward-looking statements in this press release are based upon management's reasonable belief as of the date hereof. Milestone undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Contact:		David Waldman or Natalya Rudman Crescendo Communications, LLC Email: mlss@crescendo-ir.com Tel: 212-671-1020

FAQ

What is the agreement between Milestone Scientific and Andau Medical about?

Milestone Scientific has entered into a distribution agreement with Andau Medical for the STA Single Tooth Anesthesia System in the United States and Canada.

What are the benefits of the STA Single Tooth Anesthesia System?

The STA system offers painless injections, shorter wait times for anesthesia, and fewer complications, improving the overall patient experience.

When was the distribution agreement announced?

The distribution agreement was announced on December 23, 2021.

How will the new partnership impact Milestone Scientific's dental division?

The partnership is expected to fuel growth in Milestone Scientific's dental division by leveraging Andau Medical's extensive network of dentists and hygienists.

What is the stock symbol for Milestone Scientific?

The stock symbol for Milestone Scientific is MLSS.