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AAP

Jacob Shteyman

Weight-loss drugs not lights out for ResMed: CEO

ResMed Mick Farrell Weight Loss

ResMed says the emergence of weight-loss drugs will boost people seeking its products. (April Fonti/AAP PHOTOS)

Medical technology company ResMed continues to expand demand for its sleep apnoea devices, defying predictions growth in weight-loss drugs will undercut its market.

The Sydney-founded, California-domiciled company on Friday AEST reported revenue grew by nine per cent in the quarter ended June 30 to $US1.22 billion ($A1.88 billion), roughly in line with analyst expectations.

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