COLLATERAL THERAPEUTICS INC
S-8, EX-23.1, 2000-07-07
COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH
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                                                                   EXHIBIT 23.1


              CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS

We consent to the incorporation by reference in the Registration Statement
(Form S-8) pertaining to the 1998 Stock Incentive Plan and 1998 Employee
Stock Purchase Plan of Collateral Therapeutics, Inc. of our report dated
February 4, 2000 with respect to the financial statements of Collateral
Therapeutics, Inc., included in its Annual Report (Form 10-K), filed with the
Securities and Exchange Commission.

                                       ERNST & YOUNG LLP

San Diego, California
July 7, 2000


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