<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial information extracted from Novoste
Corporation's Form 10-Q for the six months ended 6/30/96 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                               DEC-31-1996
<PERIOD-START>                                  JAN-01-1996
<PERIOD-END>                                    JUN-30-1996
<CASH>                                           29,202,290
<SECURITIES>                                        982,647
<RECEIVABLES>                                             0
<ALLOWANCES>                                              0
<INVENTORY>                                               0
<CURRENT-ASSETS>                                 30,459,508
<PP&E>                                            1,012,562
<DEPRECIATION>                                    (478,921)
<TOTAL-ASSETS>                                   31,831,284
<CURRENT-LIABILITIES>                               662,534
<BONDS>                                                   0
<PREFERRED-MANDATORY>                                     0
<PREFERRED>                                               0
<COMMON>                                             80,822
<OTHER-SE>                                       31,103,768
<TOTAL-LIABILITY-AND-EQUITY>                     31,831,284
<SALES>                                                   0
<TOTAL-REVENUES>                                          0
<CGS>                                                     0
<TOTAL-COSTS>                                   (2,552,301)
<OTHER-EXPENSES>                                          0
<LOSS-PROVISION>                                          0
<INTEREST-EXPENSE>                                   68,314
<INCOME-PRETAX>                                 (2,483,987)
<INCOME-TAX>                                              0
<INCOME-CONTINUING>                             (2,483,987)
<DISCONTINUED>                                            0
<EXTRAORDINARY>                                           0
<CHANGES>                                                 0
<NET-INCOME>                                    (2,483,987)
<EPS-PRIMARY>                                        (0.49)
<EPS-DILUTED>                                        (0.49)