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Published on 4/20/2006 in the Prospect News Biotech Daily.

Sirtris raises $15 million in debt financing

By Lisa Kerner

Erie, Pa., April 20 - Sirtris Pharmaceuticals said it completed a $15 debt financing in addition to the recent $22 million series C equity the company raised.

Proceeds from the financing will be used to accelerate Sirtris' therapeutic programs.

Hercules Technology Growth Capital, Inc. led the round.

Located in Cambridge, Mass., Sirtris is a biopharmaceutical company developing novel therapeutics using sirtuins (enzymes) to treat disease.

Issuer:Sirtris Pharmaceuticals
Issue:Debt financing
Amount:$15 million
Investor:Hercules Technology Growth Capital, Inc.
Announcement date:April 20

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