Oslo, 10 September 2026 - Observe Medical ASA (the "Company" or "Observe
Medical") is pleased to announce our entry into the Philippine market after
having received the first significant order of UnoMeter Safeti Plus and UnoMeter
Safeti Max.
The Philippines is one of Southeast Asia's fastest-growing healthcare markets,
with healthcare expenditure increasing by approximately 75% in real terms
between 2015 and 2021, the strongest growth among ASEAN countries. Combined with
a large population, rising healthcare investment and significant unmet medical
needs, the market represents an attractive long-term opportunity for innovative
medtech solutions.
Jørgen Mann, CEO of Observe Medical, commented: "With the establishment of a
partnership with a local distributor with high ambitions and competencies within
our segment, together with an attractive market coverage, we have now started
the journey of growth in this region where we are already well represented in
Thailand and Vietnam. This first order of our two most innovative products is
significant as we see that the market offers an attractive platform for
continued growth in the region."
For further information, please contact:
Jørgen Mann, CEO Observe Medical
Mobile: +45 408 67558
E-mail: jorgen.mann@observemedical.com
Johan Fagerli, CFO Observe Medical
Mobile: +47 958 12765
E-mail: johan.fagerli@observemedical.com
About Observe Medical
Observe Medical is a Nordic medtech company that develops, markets and sells
innovative medtech products for the global market. The Company is committed to
improving patient welfare and patient outcomes, improving clinical data accuracy
and promoting positive health economics.
The Company seeks to drive growth by leveraging its expertise in sales and
commercialization of its broad portfolio of medical technology products, mainly
in urine measurement and ultrasound, in combination with targeted M&A and
distribution. Observe Medical is working with a network of leading distributors
to provide outstanding solutions for healthcare professionals globally.
The Company is headquartered in Oslo, Norway.
Further information is available atwww.observemedical.com.
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Further information is available atwww.observemedical.com.\