<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF COLLAGEN CORPORATION INCLUDED IN FORM 10-Q QUARTERLY REPORT FOR THE QUARTER ENDED SEPTEMBER 30, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 1995 </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-1-1995 <PERIOD-END> SEP-30-1995 <CASH> 21,153 <SECURITIES> 0 <RECEIVABLES> 10,246 <ALLOWANCES> 370 <INVENTORY> 6,377 <CURRENT-ASSETS> 42,709 <PP&E> 36,507 <DEPRECIATION> 19,790 <TOTAL-ASSETS> 92,095 <CURRENT-LIABILITIES> 42,173 <BONDS> 11,370 <COMMON> 106 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 38,446 <TOTAL-LIABILITY-AND-EQUITY> 92,095 <SALES> 14,940 <TOTAL-REVENUES> 16,940 <CGS> 3,997 <TOTAL-COSTS> 3,997 <OTHER-EXPENSES> 25,681 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12 <INCOME-PRETAX> (2,638) <INCOME-TAX> 5,913 <INCOME-CONTINUING> (8,551) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (8,551) <EPS-PRIMARY> (.95) <EPS-DILUTED> (.95)