Osteotech Inc. said it has completed its acquisition of HCImplants B.V. for about $2.3 million in cash and 195,350 sharesof unregistered common stock.

HC, located in the Netherlands and Denver, makes prosthesisceramic coatings for the orthopedic and dental implantmarkets.

Osteotech of Shrewsbury, N.J., processes human bone and boneconnective tissue for transplantation. The company's shares(NASDAQ:OSTE) were up 88 cents to $10.25 on Monday.

(c) 1997 American Health Consultants. All rights reserved.