Milestone Scientific Provides Update on Planned Partnership with RedOne Medical

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Feb 25, 2020
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LIVINGSTON, NJ / ACCESSWIRE / February 25, 2020 / Milestone Scientific Inc. (NYSE:MLSS), a developer of computerized drug delivery instruments that provide painless and precise injections, today provided an update on its planned partnership with RedOne Medical, a leading medical device distributor and wholesaler serving the Department of Veterans Affairs (VA) medical centers and the Department of Defense (DoD) hospitals, to distribute the CompuFlo Epidural System. As previously announced on December 11, 2019, Milestone Scientific announced that it was partnering with RedOne Medical. The Company fully intends to move forward with this relationship; however, the formal initiation of the partnership has been delayed due to specific government requirements with respect to components originated from, but purchased outside, the People's Republic of China. Milestone Scientific expects to be in a position to comply with such requirements in the near future.