Milestone Scientific, Axial Biologics Hatch Distribution Agreement

Milestone Scientific Inc. has forged a strategic distribution partnership with Axial Biologics to dispense its CompuFlo Epidural System in New Jersey, Texas, and Florida.
 
“We are excited to partner with Axial Biologics, whose extensive experience and deep relationships within the pain management sector make them an ideal collaborator. This partnership represents a strategic, laser-focused approach to expanding our reach, leveraging Axial’s established clinician relationships in key states like New Jersey, Texas, and Florida,” Milestone Scientific President/CEO Arjan Haverhals said. “By aligning with a specialized partner instead of a broad distributor or building our own sales force, we can accelerate the penetration and adoption of the CompuFlo Epidural System more effectively. This collaboration marks the next phase of our sales strategy, and we are confident that it will drive growth and enhance patient outcomes.”

The partnership follows Milestone Scientific’s procurement of a Medicare Part B Physician payment rate for the CompuFlo Epidural System under the American Medical Association’s technology-specific Category III CPT code CPT0777T by Novitas Solutions Inc. and First Coast Service Options Inc., the Jurisdictional Medicare Administrative Contractors (JMAC) in New Jersey, Texas, and Florida. The Medicare Price Assignment marks a significant milestone for the CompuFlo technology, enabling broader access and adoption within the pain management community, particularly for Medicare patients, according to Milestone Scientific.
 
“We are honored to partner with Milestone Scientific and bring the CompuFlo Epidural System to pain management professionals across New Jersey, Texas, and Florida,” Axial Biologics CEO Ryan Paul stated. “The recent Medicare Price Assignment is a potential game-changer, positioning CompuFlo to disrupt the market with its safety and economic benefits. We look forward to working closely with Milestone to ensure that more physicians and patients have access to this technology.”
 
The CompuFlo Epidural System is an instrument designed to provide precise and objective identification of the epidural space, significantly reducing the risk of complications associated with traditional methods. 

Axial Biologics is an advanced biologics and life sciences company specializing in the research and development of regenerative medicine solutions. Its core focus is on delivering autologous and orthobiologic solutions to enhance patient healing and improve quality of life. 
 
Milestone Scientific Inc. is a technology-focused medical research and development company that patents, designs, and develops injection technologies and instruments for medical and dental applications. Milestone Scientific’s computer-controlled systems are designed to make injections precise and efficient, as well as increase overall patient comfort and safety. The company’s proprietary DPS Dynamic Pressure Sensing Technology provides a platform to advance the development of next-generation devices, regulating flow rate and monitoring pressure from the needle tip through platform extensions involving subcutaneous local anesthetic drug delivery.