iSpecimen Launches Next-Day Quote Service for Medical Researchers and Biospecimen Providers
September 28 2023 - 6:30AM
iSpecimen Inc. (Nasdaq: ISPC) (“iSpecimen” or the “Company”), an
online global marketplace that connects scientists requiring
biospecimens for biomedical research with a network of healthcare
specimen providers, announced today that the Company has added a
new next-day quote service for researchers and providers. Tailored
to accelerate the biospecimen transaction process, the iSpecimen
Marketplace® is now capable of delivering accurate biospecimen
sample pricing within 24 hours of receiving the request.
Recognizing the need for timely access to
high-quality biospecimens to help advance life science research,
iSpecimen is introducing a solution that offers researchers and
providers with swift and accurate sample pricing. From fresh whole
blood and prescreened mutation-characterized blocks to an array of
clinically collected remnant, banked and prospective biospecimens,
most quotes are provided within a day of receiving the request.
“Our team is constantly looking for innovative
ways to strengthen the iSpecimen platform for our network of
researchers and providers. The next-day quote service bolsters the
return on investment for our providers while accelerating the
customer journey, and ultimately, medical research,” said Tracy
Curley, iSpecimen’s CEO. “By evaluating factors that can
potentially delay the research process for biomedical experts, we
are committed to improving our customer service and enhancing
operational efficiency.”
Continued Curley, “Through these efforts,
iSpecimen is improving its timeline efficiency, allowing
researchers and providers to focus on supporting key medical
advancements while the Company manages the workflow for successful
sample matchmaking. Our ultimate goal is to advance medical
discovery by continuing to simplify and expedite the procurement
process and optimize the process for researchers and providers
alike.”
For participating providers within the Company’s
global network, the iSpecimen Marketplace platform will prepare
quotes for pending orders, streamlining the biospecimen procurement
process and eliminating time-consuming processes associated with
conducting feasibility checks on requests.
About iSpecimeniSpecimen
(Nasdaq: ISPC) offers an online marketplace for human biospecimens,
connecting scientists in commercial and non-profit organizations
with healthcare providers who have access to patients and specimens
needed for medical discovery. Proprietary, cloud-based technology
enables scientists to intuitively search for specimens and patients
across a federated partner network of hospitals, labs, biobanks,
blood centers and other healthcare organizations. For more
information, please visit www.ispecimen.com.
Forward Looking StatementsThis press release
may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements are characterized by future or
conditional verbs such as "may," "will," "expect," "intend,"
"anticipate," “believe," "estimate" and "continue" or similar
words. You should read statements that contain these words
carefully because they discuss future expectations and plans, which
contain projections of future results of operations or financial
condition or state other forward-looking information.
Forward-looking statements are predictions,
projections and other statements about future events that are based
on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. Many factors could cause actual
future events to differ materially from the forward-looking
statements in this press release, including but not limited to the
risk factors contained in the Company's filings with the Securities
and Exchange Commission, which are available for review at
www.sec.gov. Forward-looking statements speak only as of the date
they are made. New risks and uncertainties arise over time, and it
is not possible for the Company to predict those events or how they
may affect the Company. If a change to the events and circumstances
reflected in the Company's forward-looking statements occurs, the
Company's business, financial condition and operating results may
vary materially from those expressed in the Company's
forward-looking statements.
Readers are cautioned not to put undue reliance
on forward-looking statements, and the Company assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events or otherwise.
For further information, please contact:
Investor ContactsKCSA Strategic
CommunicationsPhil Carlson / Erika Kay iSpecimen@kcsa.com
Media ContactsKCSA Strategic
CommunicationsRaquel Cona / Shana Marino iSpecimen@kcsa.com
iSpecimen (NASDAQ:ISPC)
Historical Stock Chart
From Feb 2025 to Mar 2025
iSpecimen (NASDAQ:ISPC)
Historical Stock Chart
From Mar 2024 to Mar 2025