Compumedics Secures Early FDA Approval and $2.15 Million for Somfit D Expansion
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Compumedics Limited has received early FDA approval for its Somfit D product and raised $2.15 million to enhance its commercialization in the US home sleep testing market. The funds will support production and meet the growing demand for Somfit D and OrionMEG, positioning the company for a valuation re-rating. The latest analyst rating for Compumedics (AU:CMP) is a Hold with a price target of A$0.50. Compumedics specializes in sleep diagnostics and neuro-monitoring, focusing on the US market and global expansion.
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