Sleep Lab Comfortable With Strategy; Plans IPO

Encino-based Sleepwell Laboratories figures its business of helping people sleep better has plenty of room to grow, considering that 70 million people across the country suffer from some kind of sleep disorder. It recently filed with the Securities and Exchange Commission and will begin trading shares publicly within the next few months.

In April, the company furthered a strategy that makes it unique in the sleep testing industry; it began building testing facilities into La Quinta Inn