<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)