Observe Medical is a medtech company operating in a growth stage with a focus on developing, marketing, and selling innovative medtech products globally. The company is strategically expanding its product portfolio and sales network to facilitate further organic growth through targeted mergers and acquisitions. With a commitment to improving patient welfare, enhancing clinical data accuracy, and promoting positive health economics, Observe Medical is poised for continued expansion and success in the medtech industry.

A significant milestone for Observe Medical was the recent agreement signed with Unomedical, ultimately owned by Convatec Group Plc. This agreement involved the acquisition of trademarks and intellectual property rights for the state-of-the-art urine measurement products Unometer™ and Abdo-Pressure™. The Unometer™ products currently dominate the European urine measurement segment, holding a strong market share of 80-90%. This acquisition has expanded Observe Medical's product portfolio, strengthened its market position, and connected it to over 600 sales channels in more than 50 countries, alongside enhancing its existing medtech portfolio that includes Sippi™ and Biim Ultrasound™.

Observe Medical's acquisition of Unometer™ products from Unomedical serves as a compelling case study showcasing the company's strategic expansion and product portfolio enhancement. The acquisition not only strengthens Observe Medical's position in the market but also expands its reach and sales channels globally. By adding Unometer™ and Abdo-Pressure™ products to its portfolio, Observe Medical demonstrates its commitment to offering innovative medtech solutions that improve patient welfare, enhance clinical data accuracy, and promote positive health economics.

A key event for Observe Medical was the signing of an agreement with Unomedical, a significant milestone that involved the acquisition of trademarks and intellectual property rights for the Unometer™ and Abdo-Pressure™ products. This strategic move not only expands Observe Medical's product portfolio but also strengthens its market position and global reach. The acquisition of Unometer™ products, which are known for their high quality and significant market share in Europe, is expected to drive Observe Medical's growth trajectory and enhance its presence in the medtech industry.