SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 6, 2007
MILESTONE SCIENTIFIC INC.
(Exact name of Registrant as specified in its charter)
| |
|
|
|
|
| Delaware
|
|
0-26284
|
|
13-3545623 |
|
|
|
|
|
|
(State or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.) |
220 South Orange Avenue, Livingston Corporate Park, Livingston, New Jersey 07034
(Address of principal executive office) (Zip Code)
Registrant’s telephone number, including area code (973) 535-2717
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
| o |
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
| o |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
| o |
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
| |
| o |
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 1.01: Entry into a Material Definitive Agreement.
On November 6, 2007, Milestone Scientific, Inc. (“Milestone”) entered into a Collaboration
Agreement (the “Agreement”) with a global diversified healthcare company1 (the
“Collaborator”) to conduct a feasibility study to evaluate the potential application of Milestone’s
proprietary CompuFlo® Injection System for injecting medicaments.
Under the terms of the Agreement, Milestone will provide, at no cost to the Collaborator, a
mutually agreed to quantity of CompuFlo® Injection Systems and training on proper operation of the
systems for use in the feasibility study. All other costs and expenses associated with the
feasibility study will be the responsibility of the Collaborator.
The Collaborator may terminate the Agreement at any time upon at least ten (10) days prior
written notice to Milestone, provided that the Collaborator shall be responsible for any
reasonable, non-cancelable costs and expenses incurred by Milestone or its approved subcontractors
prior to the date of termination.
|
|
|
| 1 |
|
The name of the company is not provided
pursuant to the confidentiality provisions in the Agreement. |
2