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Observe Medical ASA ( (DE:OM50) ) just unveiled an update.
Observe Medical has received initial orders for its UnoMeterT SafetiT Plus from distributors in Argentina and seven Central American countries, in addition to a previous order from Chile. These regions account for about 75% of the company’s historical sales in the area, highlighting a significant commercial opportunity with a market potential of NOK 90-100 million in annual recurring revenue. The expansion into Central and South America is a strategic move to tap into growth markets, with the company already receiving orders from over 40 countries in 2025, indicating strong global expansion momentum.
More about Observe Medical ASA
Observe Medical is a Nordic medtech company headquartered in Oslo, Norway, that develops, markets, and sells innovative medical technology products globally. The company focuses on improving patient welfare and outcomes, enhancing clinical data accuracy, and promoting positive health economics. Its product portfolio primarily includes urine measurement and ultrasound technologies, and it aims to drive growth through sales expertise, commercialization, targeted mergers and acquisitions, and distribution partnerships.
Average Trading Volume: 242,718
Current Market Cap: NOK92.15M
See more data about OM50 stock on TipRanks’ Stock Analysis page.