Healthcare equipment maker Opto Circuits has informed that it’s wholly owned subsidiary, Criticare Systems Inc. (CSI), has signed in a long term agreement with a European firm for supplying patient monitoring systems and anesthetic gas delivery products.    

The agreement involves the supply of private label patient monitoring systems by CSI to the partner as well as cooperation in sales and distribution of anesthetic gas delivery products in several key markets, both in Europe and the US.

However CSI did not disclosed the name of the European company.    

Last year in April, Opto Circuits had completed the acquisition of US-based Criticare Systems. The company manufactures a wide range of medical equipments including patient monitoring systems, vital signs monitors and gas benches for hospitals.

The shares of Opto Circuits today closed at Rs 198 on BSE. The counter has made 52-week-high and low of Rs 213 and Rs 69 respectively.