News: Compumedics Limited secures $1M contract from U.S. hospital group

Compumedics Limited (ASX: CMP) has secured a $1 million contract to fully equip the neurology department of a major U.S. hospital group with its Grael™ and Neuvo® EEG systems.

This contract win follows the new Chinese neurology distribution arrangement reached in April.

It could lead to further orders as the group, located in the central eastern region of the U.S., drives decision making in affiliated hospital networks.

The U.S. market for neurology diagnostic and monitoring devices is estimated at about US$300 million annually.