December 20, 2005

$20M VC prompted during insomnia trial

Category: Uncategorized – Author: mabeena – 1:25 am

Accoriding to" Boston Business Journal "Hypnion Inc. has nailed down $20 million in new venture funding thanks to favorable results
for its insomnia drug development program.

The Lexington, Mass,company said the latest round is an extension of a second round of financing.
Participating investors include MPM Capital
in Boston and San Francisco;Advanced Technology
Ventures in Waltham and Palo Alto, Calif.; Flagship Ventures in Cambridge; and Oxford Bioscience Partners in Boston.

To read more,visit http://www.bizjournals.com/industries/banking_financial_services/venture_capital/2005/12/19/boston_daily5.html</a>

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