SCYNEXIS, Inc. Completes $13.5 Million Financing

RESEARCH TRIANGLE PARK, NC--(Marketwire - March 27, 2008) - SCYNEXIS, Inc., a premier drug discovery and development company, today announced the successful completion of a $13.5 million Series C-2 financing. The financing was led by Merial Limited, a joint venture between Merck & Co., Inc. and sanofi-aventis. SR One, GlaxoSmithKline’s independent corporate healthcare venture capital fund, also participated.

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