<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONDENSED
CONSOLIDATED BALANCE SHEETS, STATEMENTS OF OPERATIONS AND STATEMENTS OF CASH
FLOWS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q FOR THE
QUARTER ENDED SEPTEMBER 30, 1996.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<EXCHANGE-RATE>                                      1
<CASH>                                          18,949
<SECURITIES>                                         0
<RECEIVABLES>                                      389
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                19,375
<PP&E>                                              51
<DEPRECIATION>                                       9
<TOTAL-ASSETS>                                  19,427
<CURRENT-LIABILITIES>                              483
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        18,944
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                    19,427
<SALES>                                              0
<TOTAL-REVENUES>                                   400
<CGS>                                                0
<TOTAL-COSTS>                                    5,265
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                (4,519)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (4,519)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (4,519)
<EPS-PRIMARY>                                   (0.71)
<EPS-DILUTED>                                   (0.71)