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MENLO PARK, California, August 13, 2020 / PRNewswire / – Ajax Health (“Ajax”) today announced the appointment of Dr. Garheng Kong, MD, PhD, MBA, managing partner of HealthQuest Capital (“HealthQuest”) as Chairman of the Board of Directors. Ajax is a company aimed at the progression and acceleration of high-expanding companies in the fields of medical technology, fitness facilities and in the field of fitness, which focus on cutting-edge approaches to solving primary fitness problems. HealthQuest, an equity investor in the expansion of fitness care, is Ajax’s longtime monetary spouse and recently led funding for Ajax 2 and Ajax 3, two investment cars raised in 2019.
Ajax 2 has lately appeared Ablacon, a mapping formula based on artificial intelligence to consult the remedy of atrial fibrillation; Cortica, provider of complex treatments for autism and neurological development; and EP Map, a three-dimensional mapping formula designed for use in electrophysiological procedures. Ajax 3 is coming lately Protaryx Medical, a company that presents a first-class heart device for transeptal access to left rest; Verix Health, a platform for guidance devices for minimally invasive delivery of diagnostic and healing tools; and Bronx Medical, a company derived from Verix that has as its particular objective interventional pneumology.
“Garheng and HealthQuest have been invaluable partners of Ajax since our inception and have provided more than just capital. His vision of investors in fitnesscare covers all fitness care modalities, and his understanding of running and marketing at a later level largely allows the Ajax laser model – a targeted execution to take out our corporations,” said Duke Rohlen, founder, CEO and CEO of Ajax Health. “We are thrilled to have Garheng overseen as president, and it is an herbal extension of our partnership and in line with the way Ajax and HealthQuest have worked together so far.”
Physician, scientist and training engineer, Dr. Kong has more than two decades of experience investing in state-of-the-art healthcare corporations with a long list of successes (more than 20 IPO/M-A launches). He also participates in the forums of LabCorp (LH), Alimera Sciences (ALIM), StrongBridge (SBBP), Be The Match and Duke University Medical Center. He is also a member of the Aspen Institute Health Innovators Fellow and Kauffman Fellows Mentor. Dr. Kong holds an MBA, a doctorate in medicine and a doctorate from Duke University and two bachelor’s degrees from Stanford University.
“We have continually been inspired by Duke and his team since our partnership with them in 2016 in their progression from the Spirox device company (and selling to Entellus), and through the evolution of the Ajax Health platform. They are world-class operators with a proven ability to identify and enhance unique, high-potential fitness generation assets,” Dr. Kong said.
About Ajax Health
Ajax Health seeks to identify, invest and scale innovative technologies in the field of fitness. By playing an active operational role, the Ajax team has a proven tracking price to help corporations of all sizes, steps and structures in their pricing goals. Ajax Health is headquartered in Menlo Park, California.
www.ajaxhealth.com
About HealthQuest Capital
Headquartered in the San Francisco Bay Area, HealthQuest Capital is an expansion capital company that invests in commercial companies that maximize the price of fitnesscare through cost-cutting and effects. With more than $850 million in capital under management, the company focuses on selling innovation across the fitness spectrum, adding medical technologies, diagnostics/tools, virtual fitness and cutting-edge services. The HealthQuest team combines decades of investment success with deep experience in all facets of the fitness industry.
www.healthquestcapital.com
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SOURCE Ajax Health