<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ACCOMPANYING BALANCE SHEETS OF ORPHAN MEDICAL, INC. AS OF DECEMBER 31, 1996, AND THE RELATED STATEMENTS OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,927,945 <SECURITIES> 12,779,961 <RECEIVABLES> 151,185 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 16,894,161 <PP&E> 336,991 <DEPRECIATION> 80,957 <TOTAL-ASSETS> 17,150,599 <CURRENT-LIABILITIES> 2,355,268 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 60,561 <OTHER-SE> 14,734,770 <TOTAL-LIABILITY-AND-EQUITY> 17,150,599 <SALES> 36,681 <TOTAL-REVENUES> 0 <CGS> 10,446 <TOTAL-COSTS> 10,446 <OTHER-EXPENSES> 8,502,098 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (858,679) <INCOME-PRETAX> (7,617,184) <INCOME-TAX> 0 <INCOME-CONTINUING> (7,617,184) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,617,184) <EPS-PRIMARY> (1.43) <EPS-DILUTED> (1.43)