EXHIBIT 24.2

                     Consent of Independent Auditors


We consent to the references to our firm under the captions "Summary Financial
Information", "Selected Financial Information", and "Experts" and to the use
of our report dated March 11, 1997 in Post-Effective Amendment No. 3 to the
Registration Statement (Form SB-2 No. 333-11723) and related Prospectus of
Global Med Technologies, Inc. dated August 5, 1997.


                              /s/ ERNST & YOUNG LLP
                              -------------------------------
                              Ernst & Young LLP

Denver, Colorado
August 4, 1997