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<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF AVATEX CORPORATION FOR THE THREE
MONTHS ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-START> APR-01-2000
<PERIOD-END> JUN-30-2000
<CASH> 17,500
<SECURITIES> 7,828
<RECEIVABLES> 1,887
<ALLOWANCES> 47
<INVENTORY> 0
<CURRENT-ASSETS> 28,142
<PP&E> 172
<DEPRECIATION> 102
<TOTAL-ASSETS> 70,219
<CURRENT-LIABILITIES> 12,751
<BONDS> 20,114
0
0
<COMMON> 196
<OTHER-SE> 26,530
<TOTAL-LIABILITY-AND-EQUITY> 70,219
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,220
<INCOME-PRETAX> (4,506)
<INCOME-TAX> 0
<INCOME-CONTINUING> (4,506)
<DISCONTINUED> 0
<EXTRAORDINARY> 172
<CHANGES> 0
<NET-INCOME> (4,334)
<EPS-BASIC> (0.24)
<EPS-DILUTED> (0.24)
</TABLE>
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