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Aspect Medical Systems

This article was originally published in The Gray Sheet

Executive Summary

Raises $17.5 mil. in private placement with investors including Artal Luxembourg S.A., Benefit Capital Management, HLM Management, Riggs Capital Partners, The Hillman Company, New Venture Partners, Invesco, T. Rowe Price Associates, Highland Capital Partners, Charles River Partnership, Polaris Venture Partners, and OneLiberty Ventures. Proceeds will be used to accelerate market adoption of the firm's Bispectral Index system for monitoring the effects of anesthesia on the brain and for new product development

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