U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB -- QUARTERLY OR TRANSITIONAL REPORT
(Added by 34-30968, eff. 8/13/93, as amended)
(Mark One)
[ X ] QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended SEPTEMBER 30, 1995
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 0-17032
PROTEIN DATABASES, INC.
(Exact name of small business issuer as specified in its charter)
DELAWARE 13-318660
(State or other jurisdiction of
incorporation or orgainization (I.R.S. Employer
Identification No.)
405 OAKWOOD ROAD, HUNTINGTON STATION, NEW YORK 11746
(Address of principle executive offices) (Zip Code)
(516) 673-3939
Issuer's telephone number
_____________________________________________________________________
(Former name, former address and former fiscal year, if changed since
last report)
Check whether the issuer (1) filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 months
(or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days. Yes - x. No.
State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date.
Class Outstanding at September 30, 1995
Common Stock $.01 par value 1,459,741
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PART II - OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K
( a ) Exhibits: EX-27
( b ) Reports on Form 8-K: There were no reports on Form 8-K
filed by the Company during the three months ended
September 30, 1995.
<PAGE>
INDEX TO EXHIBITS
27 -Financial Data Schedule
<PAGE>
FINANCIAL DATA SCHEDULE EXHIBIT 27
[DESCRIPTION] ART. 5 FDS FOR 3RD QUARTER 10-Q
[ARTICLE] 5
[LEGEND]
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
EXTRACTED FROM PROTEIN DATABASES, INC'S SEPTEMBER 30,1995
FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATMENTS.
[NAME] PROTEIN DATABASES, INC.
<TABLE>
<S> <C>
[PERIOD-TYPE] 9-MOS
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] SEP-30-1995
[CASH] 900,720
[SECURITIES] 0
[RECEIVABLES] 428,188
[ALLOWANCES] 0
[INVENTORY] 27,786
[CURRENT-ASSETS] 1,375,444
[PP&E] 908,769
[DEPRECIATION] (661,794)
[TOTAL-ASSETS] 1,635,935
[CURRENT-LIABILITIES] 189,901
[BONDS] 0
[PREFERRED-MANDATORY] 0
[PREFERRED] 0
[COMMON] 14,597
[OTHER-SE] 1,431,441
[TOTAL-LIABILITY-AND-EQUITY] 1,635,939
[SALES] 2,190,108
[TOTAL-REVENUES] 2,190,108
[CGS] 491,588
[TOTAL-COSTS] 491,588
[OTHER-EXPENSES] 1,574,415
[LOSS-PROVISION] 0
[INTEREST-EXPENSE] 0
[INCOME-PRETAX] 124,105
[INCOME-TAX] 2,500
[INCOME-CONTINUING] 121,605
[DISCONTINUED] 0
[EXTRAORDINARY] 0
[CHANGES] 0
[NET-INCOME] 121,605
[EPS-PRIMARY] .07
[EPS-DILUTED] .07
</TABLE>
