<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SPECTRANETICS CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS AND
STATEMENTS OF OPERATIONS AS FOUND ON PAGES F-2 AND F-3 OF THE COMPANY'S FORM
10-K FORM 10-K FOR THE PERIODS ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                           2,860
<SECURITIES>                                     4,290
<RECEIVABLES>                                    3,651
<ALLOWANCES>                                         0
<INVENTORY>                                      1,628
<CURRENT-ASSETS>                                12,825
<PP&E>                                           9,624
<DEPRECIATION>                                   6,138
<TOTAL-ASSETS>                                  23,039
<CURRENT-LIABILITIES>                            4,038
<BONDS>                                            465
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            19
<OTHER-SE>                                      18,491
<TOTAL-LIABILITY-AND-EQUITY>                    23,039
<SALES>                                         20,679
<TOTAL-REVENUES>                                20,679
<CGS>                                           10,418
<TOTAL-COSTS>                                   10,418
<OTHER-EXPENSES>                                11,997
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  44
<INCOME-PRETAX>                                (1,367)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (1,367)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (1,367)
<EPS-PRIMARY>                                    (.07)
<EPS-DILUTED>                                    (.07)