iSpecimen Inc. is a technology-driven company. The Company iSpecimen Marketplace platform is designed to transform the biospecimen procurement process to accelerate medical discovery. Its technology consolidates the biospecimen buying experience in a single, online marketplace that brings together healthcare providers who have biospecimens and researchers across industry, academia, and government institutions who need them. Its iSpecimen Marketplace platform has compiled de-identified healthcare data provided by its healthcare supply partners. The Company’s platform helps with administrative and reporting functions for researchers, suppliers, and its internal personnel, including user and compliance management. The iSpecimen Marketplace is composed of four functional areas: search, workflow, data, and administration and reporting. The Company serves biopharmaceutical companies, in vitro diagnostic (IVD) companies, and government/academic institutions.