<ARTICLE> 5 <CIK> 0000884888 <NAME> SunPharm Corporation <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 328,035 <SECURITIES> 5,226,230 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,691,645 <PP&E> 23,782 <DEPRECIATION> 9,910 <TOTAL-ASSETS> 5,811,929 <CURRENT-LIABILITIES> 710,139 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 573 <OTHER-SE> 5,101,217 <TOTAL-LIABILITY-AND-EQUITY> 5,811,929 <SALES> 0 <TOTAL-REVENUES> 200,949 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,087,711 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,512 <INCOME-PRETAX> (2,886,762) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,886,762) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,886,762) <EPS-PRIMARY> (0.57) <EPS-DILUTED> (0.57)