Hard drive failure need to retreive data

Hi,

I have strange problem that i noticed just now. I have a spare hard drive i have been using as a storage and recently this drive is visible on my computer as a e: drive, but i can not access it to view files. It is giving me error that it can not be accessed and I need to format it, which i obviously don’t want to do.

Is there any way i can retrieve at least some of the data?