• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Life Sciences
  • Investments
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage

iSpecimen Launches First Online Marketplace for Human Biospecimens

by Fred Pennic 06/15/2017 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

iSpecimen Launches First Online Marketplace for Human Biospecimens

 iSpecimen, a Lexington, MA-based startup has launched the iSpecimen Marketplace, an online, data-rich platform that connects life science researchers who need human biospecimens to the healthcare organizations that have them. Using a powerful, multi-faceted search platform, the marketplace enables medical researchers to intuitively search millions of available human biospecimens and solves one of the research industry’s biggest challenges – how to compliantly obtain quality biospecimens in a cost-effective manner. Through the marketplace, researchers gain instant access to iSpecimen’s growing, federated network of healthcare providers and biobanks, giving network participants (specimen providers) the opportunity to more broadly contribute to medical research as well as their bottom line.

In this age of precision medicine, biomedical research is booming. Traditionally, obtaining the biospecimens required for R&D has been time-consuming and expensive. Researchers often do the legwork themselves, approaching a fragmented network of biobanks, clinical laboratories, and specimen brokers to cobble together collections. More often than not, this process fails to result in the quality or quantity of specimens needed. Researchers lose precious time as they search, and repeatedly don’t find what they need. In fact, according to one National Cancer Institute study, four out of five researchers reported limiting the scope of their work due to inadequate supply of high-quality biospecimens.

The iSpecimen Marketplace solves this problem by using proprietary technology to bridge the gap between researchers and specimens. Accessing de-identified electronic medical record and laboratory data from across a network of participating partner organizations – including hospitals, labs, biobanks, blood centers and other healthcare institutions – iSpecimen’s technology aggregates a vast amount of information about individual specimens and the patients from whom they came into a single, harmonized view. Researchers can quickly and easily search this data using detailed patient, specimen, and compliance criteria and instantly view the availability and details of specimens that meet their specific needs. Contracting is likewise simplified and accelerated, as researchers and providers alike contract once with iSpecimenand gain access to all other organizations in the network. 

Additional features of the iSpecimen Marketplace include automated fulfillment and procurement processes, offering a partner-facing web interface that directs specimen selection, packing, and shipping. Further, as a benefit of participation,iSpecimen partners can use the technology to gain insight into their own specimen availability as well as access specimens from across the network for their own internal research needs.

“A diverse and ready supply of biospecimens is critical to accelerating research,” said Christopher Ianelli, MD, PhD, Founder and Chief Executive Officer, iSpecimen. “New diagnostics and treatments will only be as precise as the research work behind it. Our job is to close the gap between the research and provider communities by matching highly refined specimen requests to organizations that can fulfill them. We’re like a Kayak.com for biospecimen research, making sure these critical connections are made.”

 

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: Human Biospecimens, iSpecimen

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Featured Interview

Reach7 Diabetes Studios Founder Chun Yong on Reimagining Chronic Care with a Concierge Medical Model

Most-Read

Evernorth Health Services Invests $3.5B in Shields Health Solutions

Evernorth Health Services Invests $3.5B in Shields Health Solutions

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

Femtech: Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

Sage Growth Partners Report: Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

EVERSANA and Waltz Health Merge to Redefine Pharmaceutical Commercialization

EVERSANA and Waltz Health Merge to Redefine Pharmaceutical Commercialization

Advancing Diabetes Care: Combating Burnout and Harnessing Technology

Advancing Diabetes Care: Combating Burnout and Harnessing Technology

White House Event Unveils CMS Health Tech Ecosystem Initiative

White House Event Unveils CMS Health Tech Ecosystem Initiative

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |