<ARTICLE> 5 <LEGEND> Financial Data Schedule IMMUCELL CORPORATION THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S UNAUDITED FINANCIAL STATEMENTS FOR THE QUARTERLY PERIOD ENDED MARCH 31, 1999 AS REPORTED ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 1,571,163 <SECURITIES> 0 <RECEIVABLES> 548,290 <ALLOWANCES> 42,245 <INVENTORY> 357,995 <CURRENT-ASSETS> 2,462,517 <PP&E> 1,552,911 <DEPRECIATION> 816,509 <TOTAL-ASSETS> 3,296,893 <CURRENT-LIABILITIES> 346,623 <BONDS> 448,775 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,501,495 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 3,296,893 <SALES> 1,366,724 <TOTAL-REVENUES> 1,403,600 <CGS> 585,056 <TOTAL-COSTS> 1,152,443 <OTHER-EXPENSES> (12,685) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,943 <INCOME-PRETAX> 253,899 <INCOME-TAX> 0 <INCOME-CONTINUING> 253,899 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 253,899 <EPS-PRIMARY> 0.10 <EPS-DILUTED> 0.10