<ARTICLE> 5 <CIK> 0000912183 <NAME> CUBIST PHARMACEUTICALS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> APR-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 8,423,702 <SECURITIES> 7,169,009 <RECEIVABLES> 50,018 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 12,463,253 <PP&E> 8,009,927 <DEPRECIATION> (4,514,364) <TOTAL-ASSETS> 19,844,378 <CURRENT-LIABILITIES> 2,665,287 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17,561 <OTHER-SE> 15,330,960 <TOTAL-LIABILITY-AND-EQUITY> 19,844,378 <SALES> 0 <TOTAL-REVENUES> 1,466,875 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 10,880,733 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 160,827 <INCOME-PRETAX> (9,100,490) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9,100,490) <EPS-BASIC> (.52) <EPS-DILUTED> (.52)