iSpecimen Adds Acutis Diagnostics to Marketplace Platform to Support Oncology and Infectious Disease Research

The iSpecimen Marketplace Platform Now Provides Custom Sequencing for Cancer and COVID-19 Biofluid and Tissue Samples

LEXINGTON, Mass., April 13, 2022 (GLOBE NEWSWIRE) — iSpecimen Inc. (Nasdaq: ISPC) (“iSpecimen” or the “Company”), a global online biospecimen marketplace that enables life scientists to search across a federated network of healthcare providers for biospecimens needed for medical research, today announced that it added Acutis Diagnostics (“Acutis”), a clinical diagnostics laboratory, to its platform as a laboratory services provider. Through the Acutis relationship, iSpecimen will now offer sequencing services to its research community that can help researchers better understand genetic mutations and their impact on diseases such as COVID-19 and cancer.

Cancer and COVID-19 are currently the second and third leading causes of death in the U.S., respectively. As such, biospecimen samples for these diseases, along with corresponding sequencing data, remain in high demand among researchers who are working on the development of novel diagnostics and therapeutics that could lead to lifesaving medical interventions. By offering sequencing services for specimens procured on iSpecimen’s platform, researchers can now identify desired samples and receive corresponding sequencing data from a single source instead of vetting and contracting with external sequencing service provider partners.

“This important initiative between Acutis and iSpecimen highlights our ongoing efforts to advance research in the areas of oncology and COVID-19 today,” said Jibreel Sarij, Acutis CEO. “Furthermore, our investment in personnel, technology and other essential resources allows us to provide high-quality, whole genome sequencing to iSpecimen for COVID-19 remnants, tumor samples, and other biospecimens of interest.”

“Adding Acutis to the iSpecimen Marketplace ecosystem enables the platform to become even more of a full-service, one-stop-shop for researchers looking to find highly sought-after samples and genetic information for their medical research,” added Dr. Christopher Ianelli, M.D., Ph.D., iSpecimen Founder and CEO. “iSpecimen continues to prioritize expanding its proprietary network and platform to ensure that researchers all over the world can easily obtain invaluable biospecimen samples necessary to propel their work forward.”

About iSpecimen
iSpecimen Inc. (Nasdaq: ISPC) offers an online marketplace for human biospecimens, connecting scientists in commercial and non-profit organizations with healthcare providers that 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.

About Acutis Diagnostics
Acutis is a vertically integrated, research-driven healthcare company that bridges the gap between emerging science and commercialization while providing the highest quality life sciences services and products. This combination allows Acutis to seamlessly integrate standard of care testing with the needs of biopharma, resulting in a client-centric delivery model for both the clinical and research markets. For more information, please visit www.acutis.com.

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For further information, please contact:

iSpecimen Media Contacts
Raquel Cona / Shana Marino
KCSA Strategic Communications
iSpecimen@kcsa.com

iSpecimen Investor Contact
Allison Soss
KCSA Strategic Communications
iSpecimen@kcsa.com