EPIC SCIENCES APPOINTS NEW CHIEF TECHNOLOGY OFFICER

Epic Sciences, Inc. announced today that it has named Chockalingam “Palani” Palaniappan as its new chief technology officer (CTO) to help the company advance its Functional Cell Profiling technology to drive global expansion. In his new role, Dr. Palaniappan will lead the vision for building a globally deployable, regulated platform for routine use of clinical applications for a range of cancer indications, as well as enabling drug discovery in biopharmaceutical industries. This new addition adds another life science veteran from global diagnostics and clinical drug development industries to the company’s executive management team.

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Blue Ox: Taking healthcare companies from the 2nd innings to the 6th innings

New York-based Blue Ox Healthcare Partners (Blue Ox) is a private equity investment firm providing capital to growth stage healthcare companies. The firm focuses on businesses in the middle market targeting the industry’s transformation to individuality and value-based care in healthcare services, HCIT, and medical and life sciences technologies, whose innovations, strategies and operations are poised for growth.

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Blue Ox Healthcare Partners Leads $52 Million Investment in Epic Sciences

Blue Ox Healthcare Partners, LLC (“Blue Ox” or the “Firm”), an investment firm focused on providing growth capital to healthcare companies in the middle market, today announced that it led a $52 million Series E investment in Epic Sciences, Inc. (“Epic”), a leading diagnostics company developing novel solutions to personalize and advance cancer treatment and management. Proceeds from the fundraising round are expected to be used to accelerate Epic’s clinical studies for oncology decision support services in its pipeline and execution of its long-term growth plan.

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