HomeEXECUTIVESAjax Health Appoints HealthQuest Managing Partner Garheng Kong as Chairman

Ajax Health Appoints HealthQuest Managing Partner Garheng Kong as Chairman

Dr. Garheng Kong, MD, Ph.D., MBA, Managing Partner of HealthQuest Capital (“HealthQuest”) has been appointed Chairman of the Board of Directors of Ajax Health.

Ajax is a company focused on developing and accelerating high-growth companies in medtech, healthcare services and healthcare IT that focus on truly innovative approaches to solving major issues in healthcare. HealthQuest, a healthcare-focused growth equity investor, is the longstanding capital partner of Ajax and most recently led the financings of Ajax 2 and Ajax 3, two investment vehicles raised in 2019.

Ajax 2 is currently developing Ablacon, an AI-driven mapping system to guide the treatment of atrial fibrillation; Cortica, a provider of advanced therapies for autism and neurodevelopment; and EP Map, a 3-D mapping system for use in electrophysiology procedures. Ajax 3 is currently developing Protaryx Medical, a company developing a first-in-class cardiac device for transseptal access to the left atrium; Verix Health, a platform of steerable devices enabling minimally invasive delivery of diagnostic and therapeutic tools; and Bronx Medical, a device spinout of Verix that specifically targets interventional pulmonology.

“Garheng Kong and HealthQuest have been invaluable partners to Ajax since our inception and have provided much more than capital alone. Their insight as healthcare investors spans across healthcare modalities, and their understanding of later-stage operation and commercialization greatly enables the Ajax model of laser-focused execution in bringing our companies to exit,” said Duke Rohlen, Founder, CEO and Managing Director of Ajax Health. “We are thrilled to have Garheng’s oversight as Chairman, and believe this is a natural extension of our partnership and in line with how Ajax and HealthQuest have worked together to date.”

A physician, scientist, and engineer by training, Dr. Kong has over two decades of experience investing in innovative healthcare companies with a long list of successes (20+ IPO/M&A exits). He also serves on the boards of LabCorp (LH), Alimera Sciences (ALIM), StrongBridge (SBBP), Be The Match, and the Duke University Medical Center and is an Aspen Institute Health Innovators Fellow and Kauffman Fellows Mentor. Dr. Kong holds an MBA, MD and PhD from Duke University, and two BS degrees from Stanford University.

“We’ve been continually impressed by Duke and his team since partnering with them in 2016 on their development of device company Spirox (and sale to Entellus), and through the evolution of the Ajax Health platform. They are world-class operators with a proven ability to repeatedly identify and accelerate unique high-potential health tech assets,” said Dr. Kong.

Medical Device News Magazinehttps://infomeddnews.com
Our publication is dedicated to bringing our readers the latest medical device news. We are proud to boast that our subscribers include medical specialists, device industry executives, investors, and other allied health professionals, as well as patients who are interested in researching various medical devices. We hope you find value in our easy-to-read publication and its overall purpose and objectives! Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.


"We are excited to welcome Jeff Anderson to Nutjobs as our new CEO. His broad experience and tactical leadership will be instrumental in executing against our vision to provide innovative, sustainable solutions to our customers," said Paul Kephart, Co-Founder, Chief Technology Officer and Chairperson of the Nutjobs Board.
Potrero Medical believes that this voluntary reorganization will bolster its finances and facilitate its ongoing focus on elevating patient care.
Dr John Parker will work closely with PeriGen's client base to optimize use of the company's analytics for patient care and research. He will also be instrumental in informing product development and regulatory affairs as PeriGen continues to expand its product suite and associated services.
“We’re delighted to welcome Gerald and Hannah to the PrecisionLife team at a time when our deep disease insights and patient stratification biomarkers are finding important new markets and bringing precision approaches to the early, more accurate diagnosis and care of patients with complex chronic diseases,” said Dr Steve Gardner, PrecisionLife CEO.
Broken String Biosciences reports Gavin Burns will be responsible for building and optimizing the companys teams, processes, and systems.

By using this website you agree to accept Medical Device News Magazine Privacy Policy