<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND STATEMENT OF OPERATION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                      11,654,896
<SECURITIES>                                         0
<RECEIVABLES>                                        0
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<INVENTORY>                                          0
<CURRENT-ASSETS>                            11,794,854
<PP&E>                                         690,236
<DEPRECIATION>                                 273,280
<TOTAL-ASSETS>                              12,227,593
<CURRENT-LIABILITIES>                        1,580,223
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  5,000,000
<COMMON>                                    52,291,369
<OTHER-SE>                                (46,643,999)
<TOTAL-LIABILITY-AND-EQUITY>                12,227,593
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             7,813,363
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  87
<INCOME-PRETAX>                           (10,614,364)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
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<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                              (10,614,364)
<EPS-PRIMARY>                                   (0.81)
<EPS-DILUTED>                                   (0.81)