OSI buys Osteometer MediTech

October 14, 1998

OSI Systems of Hawthorne, CA, reported last month that it has purchased Danish bone densitometry manufacturer Osteometer MediTech for $7.7 million. Osteometer MediTech offers DTX-200, a forearm dual-energy x-ray (DEXA) densitometer that has been cleared

OSI Systems of Hawthorne, CA, reported last month that it has purchased Danish bone densitometry manufacturer Osteometer MediTech for $7.7 million. Osteometer MediTech offers DTX-200, a forearm dual-energy x-ray (DEXA) densitometer that has been cleared by the Food and Drug Administration. The company also markets an ultrasound bone densitometer, DTU-1, in Europe. Osteometer MediTech applied for premarket approval (PMA) for the device in spring 1998. OSI hopes the deal will give it access to the medical subsystem market, according to executives at the optoelectronic devices company.