STOCK TITAN

iSpecimen Inc. - ISPC STOCK NEWS

Welcome to our dedicated page for iSpecimen news (Ticker: ISPC), a resource for investors and traders seeking the latest updates and insights on iSpecimen stock.

iSpecimen Inc., headquartered in Lexington, MA, is a leading marketplace for human biospecimens. The company provides researchers with the specimens they need from the patients they want through its innovative iSpecimen Marketplace. This online platform connects healthcare organizations with access to patients and specimens with scientists in need of these vital resources.

Utilizing proprietary, cloud-based technology, iSpecimen enables researchers to intuitively search for specimens across a federated partner network of hospitals, labs, biobanks, blood centers, and other healthcare organizations. This system allows for easy and compliant access to specimens, facilitating scientific discovery and advancing healthcare for all.

iSpecimen stands out by offering a unique value proposition to both researchers and partner sites. Researchers gain the necessary resources to drive their studies, while partner sites can contribute to biomedical discovery and benefit financially. The company caters to a global market, with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific, with the majority of its revenue coming from the Americas.

In recent news, iSpecimen has achieved a sequential quarterly revenue growth of 75%, driven by enhanced operational efficiencies and new business initiatives. The company continues to expand its network by adding new suppliers and reinforcing existing relationships to provide researchers with increased access to highly sought-after biospecimens, especially for oncology research. Additionally, iSpecimen is making strides in quality control and assurance through digital AI histopathology services, enhancing data quality and operational efficiency.

For investors and media inquiries, iSpecimen's contacts at KCSA Strategic Communications are available for further information.

Rhea-AI Summary
iSpecimen launches program providing cancer researchers with direct access to mutation-characterized tumor tissues, relieving a major bottleneck in cancer research.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
Tags
none
-
Rhea-AI Summary
iSpecimen Inc. has enhanced its Marketplace platform to streamline biospecimen matchmaking for researchers and providers. The platform now collects and tracks over 30 unique data points, including specimen availability, patient populations, storage and shipping access, and testing capabilities. The goal is to give researchers access to the precise samples they need, while also increasing providers' return on investment and optimizing workflows.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.03%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
none
Rhea-AI Summary
iSpecimen Inc. reported financial and operating results for Q2 2023. While revenue decreased by 31% compared to Q2 2022, the company implemented new initiatives to increase order fulfillment and witnessed an increase in backlog. The company aims to create an expansive global biospecimen supply chain technology platform and marketplace. Q2 2023 highlights include 7.5% increase in unique supplier organizations, 22% increase in unique customer organizations, and 24% increase in registered research and supplier users.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.93%
Tags
-
Rhea-AI Summary
iSpecimen Inc. will report its financial results for Q2 2023 on August 2, 2023. The company is an online global marketplace connecting scientists with healthcare specimen providers. The conference call and audio webcast will feature remarks by CEO Tracy Curley. A replay of the call will be available until August 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.45%
Tags
conferences earnings
-
Rhea-AI Summary
iSpecimen Inc. has added thirteen new biospecimen suppliers to its proprietary Marketplace®, expanding the breadth and depth of biospecimen offerings for researchers. The expanded network provides greater access to human biosamples in various disease categories. The new suppliers offer a wide range of sample types, including banked and prospectively collected samples. Notably, one supplier offers access to over 640,000 patients across five sites, while another specializes in isolated immune cells and banked antigen-specific T cells. Additionally, iSpecimen added a supplier focused on frozen clinical-grade cord blood and another exclusively sourcing biospecimens from African patient pools to promote diversity in research.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.03%
Tags
conferences
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
Tags
-
Rhea-AI Summary

iSpecimen (Nasdaq: ISPC), a market leader in providing biospecimens for medical research, announced CEO Tracy Curley's participation at the Aegis Conference from May 2-4, 2023. Curley is scheduled to present on May 4 at 4:30 p.m. ET. The conference will be held virtually, catering to a global audience interested in biospecimen solutions for scientific research.

iSpecimen connects researchers with healthcare specimen providers through its innovative online marketplace, which enables easy access to human biospecimens necessary for medical discovery. The company utilizes proprietary technology that allows users to search for specimens across a vast network of partner healthcare organizations. This strategic engagement at the Aegis Conference highlights iSpecimen's commitment to advancing medical research through improved specimen accessibility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.87%
Tags
conferences
Rhea-AI Summary

iSpecimen (Nasdaq: ISPC) announced its financial results for the first quarter ending March 31, 2023, will be reported on May 4, 2023, before market opens. A conference call will be held at 8:30 a.m. ET that day, featuring comments from CEO Tracy Curley. Investors can join the live call by dialing +1-844-826-3033 (U.S. Toll Free) or +1-412-317-5185 (International). The conference call will also be available via audio webcast on iSpecimen's website. A replay of the call will be accessible until May 18, 2023. iSpecimen is a global online marketplace that connects researchers with healthcare specimen providers, aimed at advancing medical research through biospecimen procurement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.01%
Tags
conferences

FAQ

What is the current stock price of iSpecimen (ISPC)?

The current stock price of iSpecimen (ISPC) is $4.464 as of November 1, 2024.

What is the market cap of iSpecimen (ISPC)?

The market cap of iSpecimen (ISPC) is approximately 3.5M.

What is iSpecimen Inc.?

iSpecimen Inc. is a marketplace for human biospecimens, connecting researchers with specimens from healthcare organizations via an online platform.

Where is iSpecimen Inc. headquartered?

iSpecimen Inc. is headquartered in Lexington, MA.

How does the iSpecimen Marketplace work?

The iSpecimen Marketplace uses proprietary cloud-based technology to connect researchers with specimens from a network of healthcare organizations.

What kind of specimens does iSpecimen provide?

iSpecimen provides human biofluids, solid tissues, and hematopoietic stem and immune cells for research purposes.

What recent achievements has iSpecimen made?

iSpecimen has seen a 75% sequential quarterly revenue growth and expanded its network to offer more biospecimens, especially for oncology research.

Who can benefit from using iSpecimen's services?

Both life science researchers who need biospecimens and healthcare organizations that provide these specimens can benefit from iSpecimen's services.

What regions does iSpecimen operate in?

iSpecimen operates globally, with a presence in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

How can researchers access iSpecimen's services?

Researchers can access iSpecimen's services through their online marketplace, which allows for intuitive search and compliant access to specimens.

How does iSpecimen ensure quality control?

iSpecimen utilizes digital AI histopathology services to enhance quality control and assurance, ensuring superior data quality and operational efficiency.

How can investors get in touch with iSpecimen?

Investors can contact iSpecimen through KCSA Strategic Communications via the provided email addresses.

iSpecimen Inc.

Nasdaq:ISPC

ISPC Rankings

ISPC Stock Data

3.53M
830.00k
21.32%
3.96%
1.29%
Diagnostics & Research
Services-commercial Physical & Biological Research
Link
United States of America
LEXINGTON