<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Osteotech, Inc. and Subsidiaries Consolidated Balance Sheet as of June 30, 1999
and the Condensed Consolidated Statement of Operations for the six months ended
June 30, 2000 and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<CASH> 11,806,000
<SECURITIES> 1,942,000
<RECEIVABLES> 12,742,000
<ALLOWANCES> 129,000
<INVENTORY> 4,301,000
<CURRENT-ASSETS> 39,462,000
<PP&E> 61,880,000
<DEPRECIATION> 14,797,000
<TOTAL-ASSETS> 91,853,000
<CURRENT-LIABILITIES> 11,220,000
<BONDS> 8,741,000
0
0
<COMMON> 138,000
<OTHER-SE> 71,006,000
<TOTAL-LIABILITY-AND-EQUITY> 91,853,000
<SALES> 1,734,000
<TOTAL-REVENUES> 39,265,000
<CGS> 1,151,000
<TOTAL-COSTS> 32,732,000
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 10,000
<INCOME-PRETAX> 7,618,000
<INCOME-TAX> 3,125,000
<INCOME-CONTINUING> 4,493,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 4,493,000
<EPS-BASIC> .32
<EPS-DILUTED> .31
</TABLE>