Death of J. Thomas August, MD, a Member of the Board of Directors of BIOQUAL

2/24/19

ROCKVILLE, Md.--(BUSINESS WIRE)--On February 11, 2019, J. Thomas August, MD, a director of BIOQUAL, Inc., since 1982, passed away at the age of 91. Dr. August was a founder of the Company and a holder 19.8% of the Company’s outstanding Common Stock as of February 15, 2019. Additionally, over Dr. August’s association with the Company, he served as the Chief Scientist from 1981 to 1987 and as Scientific Advisor from 1987 to 2010. As a director, Dr. August held positions periodically on the Executive, Audit and Compensation Committees. There are no immediate plans to fill the vacancy on the Board of Directors created by Dr. August’s death, as a result of which the Board will now have six members.

For more detail related to Dr. August, please visit our web site at www.bioqual.com.

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