Monday, November 27, 2006 7:30:00 AM PDT | VentureDeal Staff
MALVERN, PA - Solstice Neurosciences announced the closing of a new round of financing totaling $85 million of both equity and debt. Highland Capital Management led the Series B round, with participation from earlier investors Thomas, McNerney & Partners, Investor Growth Capital Inc., Morgan Stanley Venture Partners, and Oxford Bioscience Partners. The proceeds will allow the company to pursue continued development for treatments for movement disorders and cervical dystonia.
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