Hybridon, Inc
Encyclopedia
Hybridon, Inc was a biotechnology
Biotechnology
Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bioproducts. Biotechnology also utilizes these products for manufacturing purpose...

 company based in Cambridge, MA, specializing in the discovery and development of novel therapeutics and diagnostics using synthetic DNA, that merged with Idera Pharmaceuticals in 2004.

Notable investors

Hybridon was as notable for is interesting roster of investors as well as for its technologies and products. According to an SEC filing of May 4, 1999 Hybridon had a number of interesting investors with 5% or more ownership including:
  • Abdullah bin Mahfouz, son of the more widely known Khalid bin Mahfouz
    Khalid bin Mahfouz
    Khalid bin Mahfouz was a wealthy Saudi Arabian businessman residing in Ireland. He was accused of supporting al-Qaeda.As of 2002, he was believed to be confined in a hospital in Taif by Saudi authorities...

     (13/87%), along with the Bermuda-based Mahfouz proprietary Intercity Holdings (13.87%);
  • Yahia M. A. Laden (8.67%), half-brother of the more infamous Osama bin Laden
    Osama bin Laden
    Osama bin Mohammed bin Awad bin Laden was the founder of the militant Islamist organization Al-Qaeda, the jihadist organization responsible for the September 11 attacks on the United States and numerous other mass-casualty attacks against civilian and military targets...

    ;
  • Nicris Limited, directed by Yehia bin Laden, and represented by Magnin Dunand et Associées (8.59%)
  • Faisal Finance Switzerland, the first Islamic bank
    Islamic banking
    Islamic banking is banking or banking activity that is consistent with the principles of Islamic law and its practical application through the development of Islamic economics. Sharia prohibits the fixed or floating payment or acceptance of specific interest or fees for loans of money...

     registered in Switzerland, and a fully owned subsidiary of Dar al-Maal al-Islami Trust
    DMI Trust
    Dar al-Maal al-Islami Trust , founded in 1981, is a leading Islamic financial institution with affiliates on four continents and assets under management of over $3.6 billion USD, operating in accordance with Zakat principles of Islamic banking...

    , recently under investigation by the U.S. Department of Justice in two separate terrorism financing probes. (6.58%).

External links

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