Compumedics Signs Five-Year Deal to Supply Sleep Device

MT Newswires Live

01/23

Compumedics (ASX:CMP) signed a new five-year contract with Philips to supply the Somfit device for the latter's pharmacy-based sleep program, according to a Wednesday filing with the Australian bourse.

Somfit collects patients' physiological data to aid in diagnosing sleep disorders, the filing said.

The medical device company has worked with Philips since August 2023, per the filing.

Shares rose 2% in afternoon trade Thursday.

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