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Finance

Company Raises $41M In A Private Placement

Published in Hepatitis Weekly, February 18th, 2002

Achillion Pharmaceuticals, a privately held pharmaceutical company focused on the discovery, development and commercialization of innovative anti-infective agents, today announced that it has closed a $41 million private round of financing, placing its preferred stock to a select group of investors led by SG Capital Partners, LLC and Bear Stearns Health Innoventures, LP.

Also participating in this financing round are investors from Achillion's prior financing, including Atlas Venture, Schroder Ventures, Advent International and Connecticut Innovations, and new investors including KBL Healthcare, ING Furman Selz, Pacific Growth Equities, Oakwood Medical, Webster...

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