Observe Medical ASA (DE:OM5A) has released an update.
Observe Medical ASA, a Nordic medtech company, has successfully raised NOK 22 million through a private placement of shares, with significant investments from board members, management, and key partners, including a conditional USD 300,000 commitment from their largest manufacturing partner, Jiangsu Hongxin Medical Technology Co., Ltd. The company, which specializes in urine measurement and ultrasound technology, aims to advance patient care and clinical data accuracy while growing through strategic sales, M&A, and global distribution networks.
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