<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER
31, 1997 INTERIM FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                         416,942
<SECURITIES>                                 3,496,647
<RECEIVABLES>                                   75,070
<ALLOWANCES>                                         0
<INVENTORY>                                     38,637
<CURRENT-ASSETS>                             4,134,918
<PP&E>                                         289,003
<DEPRECIATION>                               (210,010)
<TOTAL-ASSETS>                               4,340,664
<CURRENT-LIABILITIES>                          489,960
<BONDS>                                         23,593
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  1,040,188
<COMMON>                                       206,422
<OTHER-SE>                                  42,199,926
<TOTAL-LIABILITY-AND-EQUITY>                 4,340,664
<SALES>                                         69,510
<TOTAL-REVENUES>                               294,671
<CGS>                                          122,762
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             3,443,733
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (3,149,057)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (3,149,057)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                    3,114,179<F1>
<NET-INCOME>                               (6,283,236)
<EPS-PRIMARY>                                   (0.70)
<EPS-DILUTED>                                   (0.70)
<FN>
<F1>INCLUDES CONVERTIBLE PREFERRED STOCK DIVIDENDS.
</FN>