currently the fourth-leading cause of death in the United States
"We are honored and humbled to receive this investment of highly intelligent capital to launch LineaGen Inc.," said Dr. Michael S. Paul, president and CEO of LineaGen Inc. "We are confident that this visionary team of highly experienced investors will be instrumental in guiding LineaGen's path to global leadership in the molecular diagnostics market."
LineaGen has named Dr. Dinesh Patel of vSpring, Fred Middleton of Sanderling and Dan Wood of Mesa Verde to the company's board of directors. The board also includes co-founder and chair Dr. Stephen Prescott, president of the Oklahoma Medical Research Foundation and a member of the National Advisory Council for Human Genome Research; Dr. Al Harris, former director of pharmaceutical licensing for Abbott; and Paul.
"We are delighted to finance LineaGen, which has great opportunity and importance, led by a world-class management team, board and strategic collaborators," said Patel, managing director of vSpring Capital. "We are certain that this company will make a significant impact in the marketplace, and improve the lives of countless patients and their families."
"It is an honor to fund this extremely promising company," said Middleton, managing director of Sanderling Ventures. "I have no doubt that LineaGen will make a great impact in the medical marketplace, and do tremendous good for patients and their families throughout the world who are confronting a host of diseases and disorders."
LineaGen also enjoys strategic partnerships with world-class
-- Chief scientific advisor Dr. Mark Leppert, an internationally
prominent genetics researcher and co-chair of the University of Utah's
Department of Genetics
-- Senior clinical advisor William McMahon, M.D., chair of the Department
of Psychiatry in the University of Utah's Schoo
|SOURCE LineaGen Inc.|
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