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Milestone Medical, Inc.: The update on the commercial rollout of CompuFlo Epidural System and CathCheck in the Third Quarter of 2020 (2020-11-17)

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RB_ASO 27:The Update on the Commercial Rollout of CompuFlo Epidural System and CathCheck in the Third Quarter of 202

Firma: MILESTONE MEDICAL INC
Spis treści:
1. RAPORT BIEŻĄCY
2. MESSAGE (ENGLISH VERSION)
3. INFORMACJE O PODMIOCIE
4. PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 27 / 2020
Data sporządzenia: 2020-11-17
Skrócona nazwa emitenta
MILESTONE MEDICAL
Temat
The Update on the Commercial Rollout of CompuFlo Epidural System and CathCheck in the Third Quarter of 202
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 provided an update on commercial rollout of CompuFlo® Epidural System and CathCheck™ in the third quarter ended September 30, 2020.

With a number of hospitals re-opening to outside vendors, the Company is advancing its sales efforts and exploring new collaboration opportunities around the CompuFlo® Epidural System and CathCheck™. Most recently, the Issuer was awarded a group purchasing agreement with Premier, a leading group purchasing organization, with approximately 4,100 U.S. hospitals and 200,000 other providers within their network. This agreement is further validation of the growing awareness and importance of its instruments in improving health outcomes and lowering costs for healthcare institutions. At the same time, the Company is expanding its trials in major hospitals and medical schools, as well as partnering with key opinion leaders to approach the purchasing departments of hospitals together. The Board of Directors of the Company looks forward to announcing additional agreements with several premier hospitals as soon as they are completed. The Board of Directors of the Company believes that the financing from its parent raised last quarter will support its ongoing activities, including accelerated marketing activities around its medical instruments.

MESSAGE (ENGLISH VERSION)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
Data Imię i Nazwisko Stanowisko/Funkcja Podpis
2020-11-17 Joseph D'Agostino Chief Financial Officer Joseph D'Agostino

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