<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE METRA BIOSYSTEMS, INC QUARTERLY REPORT ON FORM 10-Q FOR THE PERIOD ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> MAR-31-1996 <CASH> 5,338 <SECURITIES> 21,565 <RECEIVABLES> 689 <ALLOWANCES> 0 <INVENTORY> 1,157 <CURRENT-ASSETS> 29,629 <PP&E> 4,437 <DEPRECIATION> 0 <TOTAL-ASSETS> 34,328 <CURRENT-LIABILITIES> 2,893 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10 <OTHER-SE> 29,964 <TOTAL-LIABILITY-AND-EQUITY> 34,328 <SALES> 2,836 <TOTAL-REVENUES> 4,690 <CGS> 2,152 <TOTAL-COSTS> 22,983 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (17,091) <INCOME-TAX> 0 <INCOME-CONTINUING> (17,091) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (17,091) <EPS-PRIMARY> (1.73) <EPS-DILUTED> (1.73)