<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FORM 10-Q OF CYTRX CORPORATION FOR THE PERIOD ENDED SEPTEMBER 30, 1999 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                       5,357,375
<SECURITIES>                                         0
<RECEIVABLES>                                  236,439
<ALLOWANCES>                                         0
<INVENTORY>                                      6,476
<CURRENT-ASSETS>                             5,697,311
<PP&E>                                       1,540,275
<DEPRECIATION>                                 542,242
<TOTAL-ASSETS>                               6,766,322
<CURRENT-LIABILITIES>                        1,791,196
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         8,270
<OTHER-SE>                                   4,966,856
<TOTAL-LIABILITY-AND-EQUITY>                 6,766,322
<SALES>                                        602,616
<TOTAL-REVENUES>                             1,532,176
<CGS>                                          197,291
<TOTAL-COSTS>                                  197,291
<OTHER-EXPENSES>                            12,126,223
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (10,791,338)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (10,791,338)
<DISCONTINUED>                                 (35,638)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (10,826,976)
<EPS-BASIC>                                      (1.42)
<EPS-DILUTED>                                    (1.42)