<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRANT'S UNAUDITED FINANCIAL STATEMENTS CONTAINED IN ITS REPORT ON FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000929299 <NAME> Isolyser Company, Inc. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 45,755<F1> <SECURITIES> 0 <RECEIVABLES> 18,619<F2> <ALLOWANCES> 0 <INVENTORY> 38,551 <CURRENT-ASSETS> 108,485 <PP&E> 58,035 <DEPRECIATION> 3,754 <TOTAL-ASSETS> 208,155 <CURRENT-LIABILITIES> 19,850 <BONDS> 9,899 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 31 <OTHER-SE> 174,376 <TOTAL-LIABILITY-AND-EQUITY> 208,155 <SALES> 31,008 <TOTAL-REVENUES> 0 <CGS> 23,880 <TOTAL-COSTS> 23,880 <OTHER-EXPENSES> 8,116 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 229 <INCOME-PRETAX> (643) <INCOME-TAX> (266) <INCOME-CONTINUING> (377) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (377) <EPS-PRIMARY> ( 0.01) <EPS-DILUTED> ( 0.01) <FN> <F1>INCLUDES CASH EQUIVALENTS. <F2>ACCOUNTS RECEIVABLE ARE SHOWN NET OF ALLOWANCE FOR DOUBTFUL ACCOUNTS. </FN>