Opto Circuits (India) Ltd. (OCI), a manufacturer of invasive and non-invasive medical devices, today announced that Criticare Systems Inc, its wholly owned subsidiary, has signed a long-term development agreement with an OEM customer. The agreement provides for a joint development programme focused on a new modular and MRI-compatible patient monitoring system.

The system will be based on Criticare’s new eVision™platform. The development programme will commence immediately. The resulting new product and iterations thereof are projected to increase revenue, the company said in a statement.

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