<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE METRA BIOSYSTEMS, INC. QUARTERLY REPORT ON FORM 10-Q FOR THE PRRIOD ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-START> JUL-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 4,814 <SECURITIES> 19,950 <RECEIVABLES> 1,379 <ALLOWANCES> 0 <INVENTORY> 1,124 <CURRENT-ASSETS> 21,231 <PP&E> 3,024 <DEPRECIATION> 0 <TOTAL-ASSETS> 31,983 <CURRENT-LIABILITIES> 3,598 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13 <OTHER-SE> 27,599 <TOTAL-LIABILITY-AND-EQUITY> 31,983 <SALES> 1,107 <TOTAL-REVENUES> 1,223 <CGS> 525 <TOTAL-COSTS> 4,169 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (2,616) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,616) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,616) <EPS-PRIMARY> (.21) <EPS-DILUTED> (.21)