<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS

Amounts inapplicable or not disclosed as a separate line on the Statement of
Financial or Results of Operations are reported as 0 herein.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                             DEC-31-1996
<PERIOD-END>                                  SEP-30-1996
<CASH>                                          3,245,129      
<SECURITIES>                                            0      
<RECEIVABLES>                                           0      
<ALLOWANCES>                                            0      
<INVENTORY>                                             0      
<CURRENT-ASSETS>                                3,277,629      
<PP&E>                                            149,169      
<DEPRECIATION>                                     61,973      
<TOTAL-ASSETS>                                  3,364,825      
<CURRENT-LIABILITIES>                             290,292      
<BONDS>                                                 0      
<PREFERRED-MANDATORY>                                   0      
<PREFERRED>                                             0      
<COMMON>                                            2,914      
<OTHER-SE>                                      3,074,533      
<TOTAL-LIABILITY-AND-EQUITY>                    3,364,825      
<SALES>                                                 0      
<TOTAL-REVENUES>                                   52,531      
<CGS>                                                   0      
<TOTAL-COSTS>                                           0      
<OTHER-EXPENSES>                                2,751,375      
<LOSS-PROVISION>                                        0      
<INTEREST-EXPENSE>                               (127,434)     
<INCOME-PRETAX>                                (2,571,410)     
<INCOME-TAX>                                            0      
<INCOME-CONTINUING>                            (2,571,410)     
<DISCONTINUED>                                          0      
<EXTRAORDINARY>                                         0      
<CHANGES>                                               0      
<NET-INCOME>                                   (2,571,410)     
<EPS-PRIMARY>                                       (0.95)  
<EPS-DILUTED>                                       (0.95)