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CuraGen Reports First Quarter 2009 Financial Results
Date:4/23/2009

rights and uncertainties relating to commercialization rights, as well as those risks, uncertainties and factors referred to in CuraGen's Annual Report on Form 10-K for the year ended December 31, 2008, filed with the Securities and Exchange Commission under the section "Risk Factors," as well as other documents that may be filed by CuraGen from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, CuraGen's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. CuraGen is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CRGN-F

                         - FINANCIAL TABLES ATTACHED -



                              CURAGEN CORPORATION
                      CONDENSED STATEMENTS OF OPERATIONS
                     (in thousands, except per share data)



                                          Three Months Ended
                                              March 31,
                                              ---------
                                          2009          2008
                                          ----          ----
                                           (unaudited)

    Collaboration revenue                   $-           $22

    Operating expenses:
      Research and development           1,682         5,371
      General and administrative         1,906         1,715
                                         -----         -----
        Total operating expenses             4             7
                                         -----         -----

    Loss from operations                
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SOURCE CuraGen Corporation
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