EXHIBIT 11
CURAGEN CORPORATION
COMPUTATION OF NET LOSS PER SHARE
ATTRIBUTABLE TO COMMON STOCKHOLDERS
						Year Ended December 31,
						1997		1998		1999
Net loss						($7,222,010)		($18,428,485)		($25,762,760)
Preferred dividends						(68,424)		(508,435)		-
Net loss attributable to common stockholders						($7,290,434)		($18,936,920)		($25,762,760)
Basic and diluted net loss per share attributable
to common stockholders						$(0.92)		$(1.55)		$(1.79)
Weighted average number of shares used in
computing basic and diluted net loss per share
attributable to common stockholders						7,888,383		12,201,006		14,400,992