<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SECOND
QUARTER 1996 FORM 10Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
                                                  
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1996
<PERIOD-START>                             APR-01-1996             JAN-01-1996
<PERIOD-END>                               JUN-30-1996             JUN-30-1996
<CASH>                                      15,679,629              15,679,629
<SECURITIES>                                         0                       0
<RECEIVABLES>                                        0                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                            15,953,626              15,953,626
<PP&E>                                         149,991                 149,991
<DEPRECIATION>                                  56,131                  56,131
<TOTAL-ASSETS>                              16,057,106              16,057,106
<CURRENT-LIABILITIES>                          309,284                 309,284
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                         7,772                   7,772
<OTHER-SE>                                  15,158,468              15,158,468
<TOTAL-LIABILITY-AND-EQUITY>                16,057,106              16,057,106
<SALES>                                              0                       0
<TOTAL-REVENUES>                                28,921                  91,126
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                               897,019               1,859,720
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                 710                   1,446
<INCOME-PRETAX>                              (747,080)             (1,610,702)
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                          (747,080)             (1,610,702)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (747,080)             (1,610,702)
<EPS-PRIMARY>                                        0                       0
<EPS-DILUTED>                                    (.11)                   (.27)