Compumedics Limited
(ASX:CMP) has won a $700,000 contract to supply Westmead Children’s Hospital with its sleep and neuro diagnostic equipment.
The company has also secured a $1.125 million contract to supply its equipment to a leading US university hospital.
Compumedics says that these wins are in line with its stated goal of growing its core businesses into world markets where it has not had a significant market presence.
CEO, Dr David Burton, says that the company “has a relatively small market share in neuro diagnostics” and that it is “committed to growing its presence in this large global market”.