Exhibit 23.2



               CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS


     We consent to the reference to our firm under the caption  "Experts" in the
Registration  Statement Form S-3 and related  Prospectus of THERMOGENESIS  CORP.
for  the  registration  of  2,660,000  shares  of its  common  stock  and to the
incorporation  by reference  therein of our report  dated August 15, 2003,  with
respect to the financial statements and schedule of THERMOGENESIS CORP. included
in its Annual  Report (Form 10-K) for the year ended June 30,  2003,  filed with
the Securities and Exchange Commission.



                                                           /s/ ERNST & YOUNG LLP


Sacramento, California
March 26, 2004