Tuesday, February 8, 2011

Somaxon Pharmaceuticals Gets Line of Credit, Expands Sales Force

San Diego-based Somaxon Pharmaceuticals said this morning tha tit has scored a $15M, revolving line of credit from Comerica Bank, and also engaged a contract sales force firm. Somaxon said it has tied with Publicis Touchpoint Solutions to recruit and deploy an additional 35 sales representatives for the firm. Somaxon develops a treatment for insomnia.