Sanguine is a technology-enabled company innovating at the intersection of personalized medicine, biobanking, and biomedical research. It has a simple and attractive, proven business model. Sanguine collects blood samples and associated medical data from patients diagnosed with specific conditions. It processes those samples to extract biospecimen such as cells, serum, plasma and DNA, and stores them along with the medical data. It then sells the biospecimen and data to academic and pharmaceutical entities for research purposes.
Problem & Solution:
Traditionally, research companies need to wait for physicians to set up appointments with patients and to find some willing to sign up. Patients go to Sanguine because Sanguine offers increased transparency in the research process, showing them where samples are used and how they advance biomedical research in areas they care about.