<ARTICLE> 5 <CIK> 0000912183 <NAME> CUBIST PHARMACEUTICALS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,465,111 <SECURITIES> 11,262,292 <RECEIVABLES> 321,767 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 12,393,056 <PP&E> 5,776,781 <DEPRECIATION> (2,198,992) <TOTAL-ASSETS> 19,775,486 <CURRENT-LIABILITIES> 1,863,975 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9,567 <OTHER-SE> 16,523,469 <TOTAL-LIABILITY-AND-EQUITY> 19,775,486 <SALES> 0 <TOTAL-REVENUES> 1,678,600 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,883,497 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (413,776) <INCOME-PRETAX> (3,791,121) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,791,121) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,791,121) <EPS-PRIMARY> $(.40) <EPS-DILUTED> $(.40)