<ARTICLE> 5 <CIK> 0000722830 <NAME> IMMUNOMEDICS, INC. <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-START> JUL-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 4,988,860 <SECURITIES> 12,986,389 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 706,126 <CURRENT-ASSETS> 19,687,782 <PP&E> 10,351,930 <DEPRECIATION> 4,558,082 <TOTAL-ASSETS> 25,490,367 <CURRENT-LIABILITIES> 4,878,416 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 289 <COMMON> 359,891 <OTHER-SE> 20,251,771 <TOTAL-LIABILITY-AND-EQUITY> 25,490,367 <SALES> 564,880 <TOTAL-REVENUES> 2,628,924 <CGS> 13,537 <TOTAL-COSTS> 13,437,132 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (10,808,208) <INCOME-TAX> 0 <INCOME-CONTINUING> (10,808,208) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10,808,208) <EPS-PRIMARY> (0.31) <EPS-DILUTED> (0.31)