<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1995
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<CASH>                                         925,487
<SECURITIES>                                10,996,847
<RECEIVABLES>                                  302,968
<ALLOWANCES>                                         0
<INVENTORY>                                    202,264
<CURRENT-ASSETS>                            13,000,317
<PP&E>                                       2,353,354
<DEPRECIATION>                               1,133,864
<TOTAL-ASSETS>                              14,893,923
<CURRENT-LIABILITIES>                        2,087,157
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         8,433
<OTHER-SE>                                  12,833,509
<TOTAL-LIABILITY-AND-EQUITY>                14,893,923
<SALES>                                              0
<TOTAL-REVENUES>                             1,562,264
<CGS>                                                0
<TOTAL-COSTS>                               10,418,044
<OTHER-EXPENSES>                             3,802,491
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                           (12,658,271)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                       (12,658,271)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                              (12,658,271)
<EPS-PRIMARY>                                   (1.58)
<EPS-DILUTED>                                   (1.58)