iSpecimen is a technology-driven company designed to facilitate life science research by connecting researchers with access to biospecimens and corresponding data through its innovative iSpecimen Marketplace. This platform acts as a comprehensive marketplace that consolidates the complex and fragmented biospecimen procurement process, allowing life science researchers, including those from academia and industry, to search and acquire millions of human specimens quickly and efficiently. By harmonizing healthcare data from various providers, iSpecimen simplifies the research process, making it easier and more cost-effective for researchers to obtain the specimens they need for their work while simultaneously enhancing the workflow for specimen providers.
The iSpecimen Marketplace services a variety of healthcare and life sciences sectors, including biopharmaceutical companies and academic institutions, and strategically focuses on improving both customer experience and supplier engagement. The company handles not only the technological framework for specimen procurement but also manages marketing, sales, compliance, and operational workflows for both the researchers and the healthcare providers. This allows the two-sided marketplace to operate smoothly while promoting compliance with regulatory requirements and ensuring that the procurement process aligns with the researchers’ specific needs.