Milestone Scientific Forms China JV To Distribute Dental Device

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by Richard Daverman, PhD

June 10, 2014 -- US device maker Milestone Scientific has formed a joint venture to distribute medical and dental devices to China and other Asian markets. The JV’s initial focus will be Milestone’s STA Wand® Computer Controlled Anesthesia System, a nearly-painless device for administering anesthesia to dental patients. The JV will be 40% owned by Milestone and 60% by healthcare executives from China. It will be headquartered in Hong Kong. More details....

Stock Symbol: (OTCQB: MLSS)

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