<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S
QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000811212
<NAME> THERMOGENESIS CORP.
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                       5,865,215
<SECURITIES>                                         0
<RECEIVABLES>                                2,324,775
<ALLOWANCES>                                    97,913
<INVENTORY>                                  2,513,545
<CURRENT-ASSETS>                            10,799,048
<PP&E>                                       1,526,391
<DEPRECIATION>                                 476,408
<TOTAL-ASSETS>                              12,137,942
<CURRENT-LIABILITIES>                        1,142,382
<BONDS>                                              0
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<PREFERRED>                                          0
<COMMON>                                        15,862
<OTHER-SE>                                  10,754,699
<TOTAL-LIABILITY-AND-EQUITY>                12,137,942
<SALES>                                      5,744,545
<TOTAL-REVENUES>                             5,802,370
<CGS>                                        3,565,284
<TOTAL-COSTS>                                3,565,284
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              58,448
<INCOME-PRETAX>                            (2,036,312)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (2,036,312)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (2,036,312)
<EPS-PRIMARY>                                   (0.14)
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