Compumedics Limited (ASX:CMP) should trade higher after securing a key contract with its primary distributor into China, Beijing Bestmed.
The new contract commits Bestmed to revenues of US$5 million over the next three years for Compumedics new eHealth platform and potential growth within the five year period to US$13.2 million.
Compumedics and Bestmed are currently number one in the Chinese market for imported sleep diagnostic equipment.
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