iAssay has completed its largest investment transaction to date when Dr. Deen Wong made an investment in the company.
Dr. Wong is a medical doctor and pathologist in Kealakekua, Hawaii, and has been in practice for over 30 years. Dr. Wong is board certified in anatomic pathology & clinical pathology, and immunohematology. Dr. Wong has also been a Medical Director or owner of a number of clinical laboratories for many years.
Dr. Wong’s decision to invest was driven primarily by his experience as a physician who continues to witness the challenges that the laboratory industry encounters, and believes that iAssay offers a novel solution for overcoming many of these challenges.
Among other things, the proceeds from his investment will continue to be used to support and expand our Pilot activities with National University and our partners J&B Medical/Health Net Connect.
Our law firm, Wilson, Sonsini, Goodrich, and Rosati has also invested in iAssay through their investment company, WS Investments. We are putting their investment to good use.
It's been an exciting 2017 so far, and we see acceleration on all fronts.