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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NETGENICS
INC. AND SUBSIDIARIES AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<CASH> 7,412,704
<SECURITIES> 0
<RECEIVABLES> 45,000
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 8,071,204
<PP&E> 4,307,211
<DEPRECIATION> 1,225,138
<TOTAL-ASSETS> 11,332,160
<CURRENT-LIABILITIES> 1,529,627
<BONDS> 0
24,383,554
0
<COMMON> 2,899
<OTHER-SE> 14,583,920
<TOTAL-LIABILITY-AND-EQUITY> 11,332,160
<SALES> 405,480
<TOTAL-REVENUES> 405,480
<CGS> 0
<TOTAL-COSTS> 10,524,511
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (9,635,435)
<INCOME-TAX> 0
<INCOME-CONTINUING> (9,635,435)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (9,635,435)
<EPS-BASIC> (3.33)
<EPS-DILUTED> (3.33)
</TABLE>
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