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                                                                    EXHIBIT 23.2


               CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS

We consent to the incorporation by reference in the Registration Statement (Form
S-8)  pertaining  to  the  THERMOGENESIS  CORP.  Amended  1998  Employee  Equity
Incentive  Plan,  2002   Independent   Directors   Equity  Incentive  Plan,  and
Non-Qualified  Independent  Director Stock Option  Agreement of our report dated
August 24,  2001 with  respect  to the  financial  statements  and  schedule  of
THERMOGENESIS CORP. included in its Annual Report (Form 10-K) for the year ended
June 30, 2001, filed with the Securities and Exchange Commission.

                                                           /s/ ERNST & YOUNG LLP


Sacramento, California
February 11, 2002