<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
MEDICALOGIC'S QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2000
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                          69,485
<SECURITIES>                                    48,264
<RECEIVABLES>                                    5,905
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               128,035
<PP&E>                                          24,538
<DEPRECIATION>                                 (6,437)
<TOTAL-ASSETS>                                 154,500
<CURRENT-LIABILITIES>                           14,143
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       230,578
<OTHER-SE>                                    (94,788)
<TOTAL-LIABILITY-AND-EQUITY>                   154,500
<SALES>                                          5,608
<TOTAL-REVENUES>                                 5,608
<CGS>                                            4,472
<TOTAL-COSTS>                                    4,472
<OTHER-EXPENSES>                                17,587
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 152
<INCOME-PRETAX>                               (14,726)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (14,726)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (14,726)
<EPS-BASIC>                                     (0.45)
<EPS-DILUTED>                                   (0.45)