NEUROGEN CORP
8-K/A, 1996-05-15
PHARMACEUTICAL PREPARATIONS
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<PAGE>
 
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549

                                _______________

 
                                  FORM 8-K/A



                                 CURRENT REPORT



                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934



Date of Report (Date of earliest event reported)    April 25, 1996
                                                ------------------------------



                             NEUROGEN CORPORATION
- ------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


            DELAWARE                  0-18311           22-2845714
- ------------------------------------------------------------------------------
(State or other jurisdiction       (Commission          (IRS Employer
      of incorporation)            File Number)      Identification No.)
 

35 Northeast Industrial Road, Branford, Connecticut               06405
- -----------------------------------------------------------------------------
    (Address of principal executive offices)                    (Zip Code)



Registrant's telephone number, including area code    (203) 488-8201
                                                  ---------------------------



                                     None
 -----------------------------------------------------------------------------
         (Former name or former address, if changed since last report)
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Item 4.  Changes in Registrant's Certifying Accountant
         ---------------------------------------------

     On April 25, 1996, Neurogen Corporation (the "Company"), upon the approval
of the Audit Committee of its Board of Directors, elected not to retain KPMG 
Peat Marwick as its principal independent accountants.  On April 26, 1996, the
Audit Committee of the Board of Directors appointed Ernst & Young LLP to succeed
KPMG Peat Marwick as the principal independent accountants of the Company.

The reports of KPMG Peat Marwick on the Company's financial statements for the
fiscal years ended December 31, 1994 and December 31, 1995 did not contain an
adverse opinion or disclaimer of opinion nor were any of them qualified or
modified as to uncertainty, audit scope or accounting principles.

Since January 1, 1994, there have been no disagreements between the Company and
KPMG Peat Marwick on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedure.


 
Item 7.  Financial Statements and Exhibits
         ---------------------------------

   (c) Exhibits

16.1   Letter from KPMG Peat Marwick dated May 9, 1996 re change in certifying 
       accountant (received by the Company on May 13, 1996).
<PAGE>
 
                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                                   NEUROGEN CORPORATION
                                        ----------------------------------------
                                                       (Registrant)


       May 14, 1996                                /s/ STEPHEN R. DAVIS
- -------------------------               ----------------------------------------
          DATE                                      Stephen R. Davis
                                                 Vice President-Finance and
                                                 Chief Financial Officer
<PAGE>
 
                                 Exhibit Index

16.1   Letter from KPMG Peat Marwick dated May 9, 1996 re change in certifying 
       accountant (received by the Company on May 13, 1996).


<PAGE>
 
                                                                    Exhibit 16.1

                             KPMG Peat Marwick LLP
                                99 High Street
                               Boston, MA 02110
                           Telephone (617) 988-1000

May 9, 1996


Securities and Exchange Commission
Washington, D.C. 20549

Ladies and Gentlemen:

We were previously principal accountants for Neurogen Corporation and, under the
date of February 12, 1996, we reported on the financial statements of Neurogen 
Corporation as of and for the years ended December 31, 1995 and 1994. On April 
25, 1996, our appointment as principal accountants was terminated. We have read
Neurogen Corporation's statements included under Item 4 of its Form 8-K dated 
April 25, 1996, and we agree with such statements.

Very truly yours,

KPMG Peat Marwick LLP


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