On September 6, 2020 ACT Genomics reported that the completion of the first closing of the latest round of equity financing from a group of strategic investors including Aflac Ventures LLC and Kyoto University Innovation Capital (Press release, ACT Genomics, SEP 6, 2020, View Source [SID1234564611]).

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"We are very pleased to have reputable strategic investors from USA and Japan participating in the first closing of our latest round of equity fund raising which will further strengthen our capital base and will provide strategic value for our business expansion in Asia and globally. New capital from this round of investment will support ACTG’s strategic plan to further expand our technology, product portfolio and global presence. Partnering with our new strategic shareholders will enable ACTG to become a global player in cancer genomic diagnostics," said Dr. Hua Chien Chen, Co-Founder and CEO of ACTG.

ACTG is a leading DNA sequencing-based cancer solution provider and transforms science into actionable solutions empowering clinicians and patients with evidence-based information to fight cancer. Company’s mission is to provide every cancer patient personalized genomic information-based treatment plans. ACTG currently has Next Generation Sequencing ("NGS") labs in Taiwan, Hong Kong and Japan. Leveraging this strategic lab footprint, it also has operations throughout Asia, catering to the unmet precision medicine needs in the local markets.