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Compumedics Limited ( (AU:CMP) ) has issued an announcement.
Compumedics Limited has received FDA clearance to market its Falcon™ HST device in the USA, marking a significant milestone in its strategy to expand within the fast-growing home sleep testing (HST) market. The company aims to capture 10% to 30% of the USD100m-200m addressable market over the next 24 months, leveraging its success in Australia and its established sales team in the USA. The Falcon™ HST offers a clinically advanced, scalable technology that enhances patient convenience and reduces costs, positioning Compumedics to capitalize on the high-growth potential of the US market.
More about Compumedics Limited
Compumedics Limited is a global medical device company that develops, manufactures, and commercializes diagnostic technology for sleep, brain, and ultrasonic blood flow monitoring.
Average Trading Volume: 60,066
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$49.98M
See more insights into CMP stock on TipRanks’ Stock Analysis page.
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