<ARTICLE> 5

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<CASH>                                      46,399,000
<SECURITIES>                                36,610,000
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            83,515,000
<PP&E>                                       7,488,000
<DEPRECIATION>                               2,982,000
<TOTAL-ASSETS>                              93,777,000
<CURRENT-LIABILITIES>                        4,461,000
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        23,000
<OTHER-SE>                                (83,197,000)
<TOTAL-LIABILITY-AND-EQUITY>                93,777,000
<SALES>                                              0
<TOTAL-REVENUES>                             4,127,000
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                            16,628,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             365,000
<INCOME-PRETAX>                           (10,473,000)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                       (10,473,000)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                              (10,473,000)
<EPS-BASIC>                                     (2.71)
<EPS-DILUTED>                                   (2.71)