<ARTICLE> 5 <CIK> 0000722830 <NAME> IMMUNOMEDICS, INC. <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-START> JUL-01-1996 <PERIOD-END> JUN-30-1997 <CASH> 6,013,355 <SECURITIES> 9,010,275 <RECEIVABLES> 568,415 <ALLOWANCES> (9,398) <INVENTORY> 690,695 <CURRENT-ASSETS> 16,941,325 <PP&E> 10,544,953 <DEPRECIATION> (4,851,760) <TOTAL-ASSETS> 22,634,518 <CURRENT-LIABILITIES> 5,188,226 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 50 <COMMON> 362,971 <OTHER-SE> 17,083,271 <TOTAL-LIABILITY-AND-EQUITY> 22,634,518 <SALES> 1,387,042 <TOTAL-REVENUES> 3,841,467 <CGS> 14,508 <TOTAL-COSTS> 17,775,500 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (13,934,033) <INCOME-TAX> 0 <INCOME-CONTINUING> (13,934,033) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (13,946,531) <EPS-PRIMARY> (0.39) <EPS-DILUTED> (0.39)