<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
CURAGEN CORPORATION
--------------------------------------------
(Name of Issuer)
Common Stock, $0.01 Par Value
--------------------------------------------
(Title of Class of Securities)
23126R101
-----------------------------
(CUSIP Number)
March 17, 1998
-----------------------------
(Date of Event which Requires Filing
of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 19 Pages
Exhibit Index: Page 15
<PAGE>
Page 2 of 19 Pages
- ---------------------
CUSIP No. 23126R101
- ---------------------
- ------ ------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Quantum Industrial Partners LDC
- ------ ------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
CAYMAN ISLANDS
- ------ ------------------------------------------------------------------------
5 SOLE VOTING POWER
2,047,782
----- -------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH ----- -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 2,047,782
----- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------ ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,047,782
- ------ ------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
- ------ ------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.55%
- ------ ------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO, IV
- ------ ------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 3 of 19 Pages
- ---------------------
CUSIP No. 23126R101
- ---------------------
- ------ ------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
QIH Management Investor, L.P.
- ------ ------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- ------ ------------------------------------------------------------------------
3 SEC USE ONLY
- ------ ------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------ ------------------------------------------------------------------------
5 SOLE VOTING POWER
2,047,782
----- -------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH ----- -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 2,047,782
----- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------ ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,047,782
- ------ ------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
- ------ ------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.55%
- ------ ------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN, IA
- ------ ------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 4 of 19 Pages
- ---------------------
CUSIP No. 23126R101
- ---------------------
- ------ ------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
QIH Management, Inc.
- ------ ------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- ------ ------------------------------------------------------------------------
3 SEC USE ONLY
- ------ ------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------ ------------------------------------------------------------------------
5 SOLE VOTING POWER
2,047,782
----- -------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH ----- -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 2,047,782
----- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------ ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,047,782
- ------ ------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
- ------ ------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.55%
- ------ ------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ------ ------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 5 of 19 Pages
- ---------------------
CUSIP No. 23126R101
- ---------------------
- ------ ------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Soros Fund Management LLC
- ------ ------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- ------ ------------------------------------------------------------------------
3 SEC USE ONLY
- ------ ------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------ ------------------------------------------------------------------------
5 SOLE VOTING POWER
2,107,782
----- -------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH ----- -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 2,107,782
----- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------ ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,107,782
- ------ ------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------ ------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.00%
- ------ ------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO, IA
- ------ ------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 6 of 19 Pages
- ---------------------
CUSIP No. 23126R101
- ---------------------
- ------ ------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
George Soros (in the capacity described herein)
- ------ ------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- ------ ------------------------------------------------------------------------
3 SEC USE ONLY
- ------ ------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- ------ ------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
----- -------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,107,782
OWNED BY
EACH ----- -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
----- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,107,782
- ------ ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,107,782
- ------ ------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------ ------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.00%
- ------ ------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA
- ------ ------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 7 of 19 Pages
- ---------------------
CUSIP No. 23126R101
- ---------------------
- ------ ------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Stanley F. Druckenmiller (in the capacity described herein)
- ------ ------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- ------ ------------------------------------------------------------------------
3 SEC USE ONLY
- ------ ------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- ------ ------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
----- -------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,107,782
OWNED BY
EACH ----- -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
----- -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,107,782
- ------ ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,107,782
- ------ ------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------ ------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.00%
- ------ ------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA
- ------ ------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 8 of 19 Pages
Item 1(a) Name of Issuer:
--------------
CuraGen Corporation (the "Issuer")
Item 1(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
555 Long Wharf Drive
11th Floor
New Haven, Connecticut 06511
Items 2(a) Name of Person Filing:
---------------------
This Statement is filed on behalf of the following persons
(collectively, the "Reporting Persons"):
i) Quantum Industrial Partners LDC, a Cayman Islands
exempted limited duration company ("QIP");
ii) QIH Management Investor, L.P., a Delaware limited
partnership ("QIHMI");
iii) QIH Management, Inc., a Delaware corporation ("QIH
Management");
iv) Soros Fund Management LLC, a Delaware limited liability
company ("SFM LLC");
v) Mr. George Soros ("Mr. Soros"); and
vi) Mr. Stanley F. Druckenmiller ("Mr. Druckenmiller").
This Statement relates to Shares (as defined herein) held
for the accounts of QIP and Quantum Partners LDC, a Cayman
Islands exempted limited duration company ("Quantum
Partners"). QIHMI, an investment advisory firm, is vested
with investment discretion over the Shares held for the
account of QIP. Mr. Soros is the sole shareholder of QIH
Management, the sole general partner of QIHMI, and Chairman
of SFM LLC. Mr. Soros has entered into an agreement pursuant
to which he has agreed to use his best efforts to cause QIH
Management to act at the direction of SFM LLC. SFM LLC
serves as principal investment manager to Quantum Partners
and, as such, has been granted investment discretion over
portfolio investments, including the Shares, held for the
account of Quantum Partners. Mr. Druckenmiller is Lead
Portfolio Manager and a member of the management committee
of SFM LLC.
<PAGE>
Page 9 of 19 Pages
Item 2(b) Address of Principal Business Office:
------------------------------------
The address of the principal business office of QIP is Kaya
Flamboyan 9, Willemstad, Curacao, Netherlands Antilles.
The address of the principal business office of each of
QIHMI, QIH Management, SFM LLC, Mr. Soros and Mr.
Druckenmiller is 888 Seventh Avenue, 33rd Floor, New York,
NY 10106.
Item 2(c) Citizenship:
-----------
i) QIP is a Cayman Islands exempted limited duration
company;
ii) QIHMI is a Delaware limited partnership;
iii) QIH Management is a Delaware corporation;
iv) SFM LLC is a Delaware limited liability company;
v) Mr. George Soros is a United States citizen; and
vi) Mr. Stanley F. Druckenmiller is a United States
citizen.
Item 2(d) Title of Class of Securities:
----------------------------
Common Stock, par value $0.01 per share (the "Shares")
Item 2(e) CUSIP Number:
------------
23126R101
Item 3 If this statement is filed pursuant to Sections
240.13d-1(b) or 240.13d-2(b) or (c), check whether the
person filing is a:
------------------------------------------------------
Items (a) through (j) not applicable.
If this statement is filed pursuant to Section 240.13d-1(c),
check this box [X].
Item 4. Ownership:
---------
Item 4(a) Amount Beneficially Owned:
-------------------------
Each of the Reporting Persons may be deemed the beneficial
owner of the following number of Shares:
i) QIP, QIHMI and QIH Management may be deemed to be the
beneficial owner of 2,047,782 Shares held for the
account of QIP (including 341,297 Shares subject to an
immediately exercisable warrant).
<PAGE>
Page 10 of 19 Pages
ii) SFM LLC, Mr. Soros and Mr. Druckenmiller may be deemed
to be the beneficial owner of 2,107,782 Shares. This
number consists of (A) 2,047,782 Shares held for the
account of QIP (including 341,297 Shares subject to an
immediately exercisable warrant) and (B) 60,000 Shares
held for the account of Quantum Partners.
Item 4(b) Percent of Class:
----------------
i) The number of Shares of which each of QIP, QIHMI and QIH
Management may be deemed to be the beneficial owner
constitutes approximately 15.55% of the total number of
Shares outstanding (assuming the conversion of 341,297
Shares subject to an immediately exercisable warrant
held for the account of QIP).
ii) The number of Shares of which each of SFM LLC, Mr. Soros
and Mr. Druckenmiller may be deemed to be the beneficial
owner constitutes approximately 16.00% of the total
number of Shares outstanding (assuming the conversion of
341,297 Shares subject to an immediately exercisable
warrant held for the account of QIP).
Item 4(c) Number of shares as to which such person has:
--------------------------------------------
QIP
---
(i) Sole power to vote or to direct the vote: 2,047,782
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of:
2,047,782
(iv) Shared power to dispose or to direct the disposition
of: -0-
QIHMI
-----
(i) Sole power to vote or to direct the vote: 2,047,782
(ii) Shared power to vote or to direct the vote: -0-
<PAGE>
Page 11 of 19 Pages
(iii) Sole power to dispose or to direct the disposition of:
2,047,782
(iv) Shared power to dispose or to direct the disposition
of: -0-
QIH Management
--------------
(i) Sole power to vote or to direct the vote: 2,047,782
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of:
2,047,782
(iv) Shared power to dispose or to direct the disposition
of: -0-
SFM LLC
-------
(i) Sole power to vote or to direct the vote: 2,107,782
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the disposition of:
2,107,782
(iv) Shared power to dispose or to direct the disposition
of: -0-
Mr. Soros
---------
(i) Sole power to vote or to direct the vote: -0-
(ii) Shared power to vote or to direct the vote: 2,107,782
(iii) Sole power to dispose or to direct the disposition of:
-0-
(iv) Shared power to dispose or to direct the disposition
of: 2,107,782
Mr. Druckenmiller
-----------------
(i) Sole power to vote or to direct the vote: -0-
<PAGE>
Page 12 of 19 Pages
(ii) Shared power to vote or to direct the vote: 2,107,782
(iii) Sole power to dispose or to direct the disposition of:
-0-
(iv) Shared power to dispose or to direct the disposition
of: 2,107,782
Item 5 Ownership of Five Percent or Less of a Class:
--------------------------------------------
Not Applicable
Item 6 Ownership of More than Five Percent on Behalf of
Another Person:
------------------------------------------------
The shareholders of QIP, including Quantum Industrial
Holdings, Ltd., a British Virgin Islands international
business corporation, have the right to participate in the
receipt of dividends from, or proceeds from the sale of
securities (including the Shares), held for the account of
QIP in accordance with their respective ownership interests
in QIP.
The shareholders of Quantum Partners, including Quantum Fund
N.V., a Netherlands Antilles company, have the right to
participate in the receipt of dividends from, or proceeds
from the sale of, the Shares held for the account of Quantum
Partners in accordance with their ownership interests in
Quantum Partners.
Each of QIP, QIHMI and QIH Management expressly disclaims
beneficial ownership of any Shares held for the account of
Quantum Partners.
Item 7 Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company:
--------------------------------------------
Not Applicable
Item 8 Identification and Classification of Members of the Group:
---------------------------------------------------------
Not Applicable
Item 9 Notice of Dissolution of Group:
------------------------------
Not Applicable
<PAGE>
Page 13 of 19 Pages
Item 10 Certification:
-------------
By signing below each signatory certifies that, to the best of his/its
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the Issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.
<PAGE>
Page 14 of 19 Pages
SIGNATURE
---------
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: March 26, 1998 QUANTUM INDUSTRIAL PARTNERS LDC
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Attorney-in-Fact
Dated: March 26, 1998 QIH MANAGEMENT INVESTOR, L.P.
By: QIH Management, Inc.
its General Partner
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Vice President
Dated: March 26, 1998 QIH MANAGEMENT, INC.
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Vice President
Dated: March 26, 1998 SOROS FUND MANAGEMENT LLC
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Assistant General Counsel
Dated: March 26, 1998 GEORGE SOROS
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Attorney-in-Fact
Dated: March 26, 1998 STANLEY F. DRUCKENMILLER
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Attorney-in-Fact
<PAGE>
Page 15 of 19 Pages
EXHIBIT INDEX
Exhibit No. Description
- ----------- -----------
A. Power of Attorney dated as of May 23, 1996, granted by
Quantum Industrial Partners LDC in favor of Mr. Gary
Gladstein, Mr. Sean Warren and Mr. Michael
Neus.
B. Power of Attorney dated as of January 1, 1997 granted by
Mr. George Soros in favor of Mr. Sean Warren and Mr.
Michael Neus.
C. Power of Attorney dated as of January 1, 1997 granted by
Mr. Stanley F. Druckenmiller in favor of Mr. Sean Warren
and Mr. Michael Neus.
D. Joint Filing Agreement dated March 26, 1998 by and among
Quantum Industrial Partners LDC, QIH Management
Investor, L.P., QIH Management, Inc., Soros Fund
Management LLC, Mr. George Soros and Mr. Stanley F.
Druckenmiller.
<PAGE>
EXHIBIT A
QUANTUM INDUSTRIAL PARTNERS LDC
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENT, that the undersigned QUANTUM INDUSTRIAL
PARTNERS LDC (the "Company"), an exempted limited duration company existing and
operating under the laws of Cayman Islands does, pursuant to a duly adopted
resolution of its Managing Directors, hereby designate, constitute, and appoint:
GARY GLADSTEIN, SEAN C. WARREN, and MICHAEL NEUS
acting, singly and not jointly, as its true and lawful agent(s) and
attorney-in-fact for the purpose of executing in its name, all documents,
certificates, instruments, statements, filings and agreements ("documents") to
be filed with or delivered to any foreign or domestic governmental or regulatory
body or required or requested by any other person or entity pursuant to any
legal or regulatory requirement relating to the acquisition, ownership,
management or disposition of securities or other investments, and any other
documents relating or ancillary thereto, including but not limited to, all
documents relating to filings with the United States Securities and Exchange
Commission (the "SEC") or the pursuant to the Securities Act of 1933 or the
Securities Exchange Act of 1934 (the "Act") and the rules and regulations
promulgated thereunder, including: (1) all documents relating to the beneficial
ownership of securities required to be filed with the SEC pursuant to Section
13(d) or Section 16(a) of the Act including, without limitation: (a) any
acquisition statements on Schedule 13D or Schedule 13G and any amendments
thereto, (b) any joint filing agreements pursuant to Rule 13d-1(f) and (c) any
initial statements of, or statements of changes in, beneficial ownership of
securities on Form 3, Form 4 or Form 5 and (2) any information statements on
Form 13F required to be filed with the SEC pursuant to Section 13(f) of the Act.
Each attorney-in-fact is hereby authorized and empowered to perform all
other acts and deeds, which he or she in his or her sole discretion deems
necessary or appropriate to carry out to the fullest extent the terms and the
intent of the foregoing. All prior acts of each attorney-in-fact in furtherance
are hereby ratified and confirmed.
IN WITNESS WHEREOF, the Company has caused this document to be executed
this 23rd day of May, 1996.
/s/ QUANTUM INDUSTRIAL PARTNERS LDC
-----------------------------------
Curacao Corporation Company N.V.
Managing Director
<PAGE>
EXHIBIT B
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, GEORGE SOROS, hereby make, constitute
and appoint each of SEAN C. WARREN and MICHAEL C. NEUS, acting individually, as
my agent and attorney-in-fact for the purpose of executing in my name, (a) in my
personal capacity or (b) in my capacity as Chairman of, member of or in other
capacities with Soros Fund Management LLC, all documents, certificates,
instruments, statements, filings and agreements ("documents") to be filed with
or delivered to any foreign or domestic or governmental or regulatory body or
required or requested by any other person or entity pursuant to any legal or
regulatory requirement relating to the acquisition, ownership, management or
disposition of securities or other investments, and any other documents relating
or ancillary thereto, including but not limited to, all documents relating to
filings with the United States Securities and Exchange Commission (the "SEC")
pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934
(the "Act") and the rules and regulations promulgated thereunder, including: (1)
all documents relating to the beneficial ownership of securities required to be
filed with the Sec pursuant to Section 13(d) or Section 16(a) of the Act,
including, without limitation: (a) any acquisition statements on Schedule 13D or
Schedule 13G and any amendments thereto, (b) any joint filing agreements
pursuant to Rule 13d-1(f) and (c) any initial statements of, or statements of
changes in, beneficial ownership of securities on Form 3, Form 4 or Form 5 and
(2) any information statements on Form 13F required to be filed with the SEC
pursuant to Section 13(f) of the Act.
All past acts of the attorney-in-fact in furtherance of the foregoing are hereby
ratified and confirmed.
This power of attorney shall be valid from the date hereof until revoked by me.
IN WITNESS WHEREOF, I have executed this instrument as of the 1st day of
January, 1997.
/s/ George Soros
------------------------------------
GEORGE SOROS
<PAGE>
EXHIBIT C
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, STANLEY F. DRUCKENMILLER, hereby make,
constitute and appoint each of SEAN C. WARREN and MICHAEL C. NEUS, acting
individually, as my agent and attorney-in-fact for the purpose of executing in
my name, (a) in my personal capacity or (b) in my capacity as Lead Portfolio
Manager of, member of or in other capacities with Soros Fund Management LLC, all
documents, certificates, instruments, statements, filings and agreements
("documents") to be filed with or delivered to any foreign or domestic or
governmental or regulatory body or required or requested by any other person or
entity pursuant to any legal or regulatory requirement relating to the
acquisition, ownership, management or disposition of securities or other
investments, and any other documents relating or ancillary thereto, including
but not limited to, all documents relating to filings with the United States
Securities and Exchange Commission (the "SEC") pursuant to the Securities Act of
1933 or the Securities Exchange Act of 1934 (the "Act") and the rules and
regulations promulgated thereunder, including: (1) all documents relating to the
beneficial ownership of securities required to be filed with the Sec pursuant to
Section 13(d) or Section 16(a) of the Act, including, without limitation: (a)
any acquisition statements on Schedule 13D or Schedule 13G and any amendments
thereto, (b) any joint filing agreements pursuant to Rule 13d-1(f) and (c) any
initial statements of, or statements of changes in, beneficial ownership of
securities on Form 3, Form 4 or Form 5 and (2) any information statements on
Form 13F required to be filed with the SEC pursuant to Section 13(f) of the Act.
All past acts of the attorney-in-fact in furtherance of the foregoing are hereby
ratified and confirmed.
This power of attorney shall be valid from the date hereof until revoked by me.
IN WITNESS WHEREOF, I have executed this instrument as of the 1st day of
January, 1997.
/s/ Stanley F. Druckenmiller
-------------------------------------
STANLEY F. DRUCKENMILLER
<PAGE>
EXHIBIT D
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G with
respect to the Shares of CuraGen Corporation dated as of March 26, 1998 is, and
any amendments thereto (including any amendments on Schedule 13D) signed by each
of the undersigned shall be, filed on behalf of us pursuant to and in accordance
with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934.
Dated: March 26, 1998 QUANTUM INDUSTRIAL PARTNERS LDC
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Attorney-in-Fact
Dated: March 26, 1998 QIH MANAGEMENT INVESTOR, L.P.
By: QIH Management, Inc.
its General Partner
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Vice President
Dated: March 26, 1998 QIH MANAGEMENT, INC.
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Vice President
Dated: March 26, 1998 SOROS FUND MANAGEMENT LLC
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Assistant General Counsel
Dated: March 26, 1998 GEORGE SOROS
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Attorney-in-Fact
Dated: March 26, 1998 STANLEY F. DRUCKENMILLER
By: /s/ Michael C. Neus
____________________________
Michael C. Neus
Attorney-in-Fact
