Sanguine BioSciences, Inc.

Onsite, physical lab inspections enable providers of regulated biopharma services to showcase their quality and capabilities to prospective partners SAN DIEGO--(BUSINESS WIRE)-- Scientist.com, the pharmaceutical industry’s leading R&D marketplace, announced today that Sanguine Biosciences, a leading biospecimen provider that connects researchers to the biospecimens they need with a direct-to-donor model to accelerate precision medicine and cell and gene therapy research and development, has successfully completed a VERIF.i® on-site assessment. VERIF.i helps Scientist.com marketplace suppliers demonstrate internal processes and adherence to best practices to both existing and potential new clients. “Through direct-to-donor engagement, Sanguine continues to amass one of the industry’s largest collections of ethically procured collections that includes extensive data about the biospecimens,” stated Sanguine CEO Brian Neman. “Scientist.com’s VERIF.i program enables us to further demonstrate the exceptional quality of our biospecimen and biorepository services and the commitment of our team to bridge the gap between donors and researchers.” Sanguine supports translational, clinical, and cell and gene therapy research, and their services include prospective in-home biospecimen collection directly from their donor network, apheresis products including leukopaks and LeukoLots™, biospecimen inventory, and biorepository services. Their research products and services facilitate advanced therapy development programs from discovery to manufacturing. “Human biological samples increasingly represent critical tools in the drug discovery and development process, but researchers in the life sciences often have difficulty finding high-quality, ethically sourced human samples,” stated Matt McLoughlin, SVP of Categories & Compliance at Scientist.com. “VERIF.i was developed to create a standardized process that helps researchers and sample providers ensure that the samples used in research meet their expected quality and ethical standards.” For more information on VERIF.i, visit About Sanguine Biosciences Sanguine Biosciences is accelerating the adoption of personalized medicine by empowering patients with their healthcare data and facilitating participation in biomedical research. By merging annotated patient biospecimens with real-world and analytical data, Sanguine delivers actionable biomarker discovery and validation studies that bridge the gap between patients and scientists working on innovative therapies. In supporting translational and clinical research at 30 of the top 40 global pharmaceutical and biotechnology companies, Sanguine has accelerated R&D and increased confidence in drug development and manufacturing pipelines. For the past four years, Sanguine has received the prestigious designation as a "Great Places to Work'' company. In 2023, Sanguine was designated on the Inc. 5000 America's Fastest Growing Private Companies list, Fortune Best Workplaces in BioPharma, and Fortune Best Small Workplaces. Visit sanguinebio.com to learn more. About Scientist.com Scientist.com is a privately held San Diego-based company on a mission to make it faster and cheaper to discover new medicines. At its heart is an AI-powered marketplace that helps drug researchers use innovative technologies to rapidly translate their ideas into actionable data. Through Scientist.com, scientists communicate directly with research experts at over 4,000 global laboratories to design and execute complex research experiments. Visit scientist.com to learn more. Join Scientist.com on social media: LinkedIn, Twitter, YouTube, Facebook and Instagram

Capital infusion fast-tracks the development of apheresis-derived products critical to cell and gene therapy research and manufacturing. WOBURN, Mass.--(BUSINESS WIRE)-- Sanguine Bio, a leading biospecimen procurement services company that empowers patients to accelerate precision medicine and cell and gene therapy research and development, today announced that it secured $10 million in credit financing from Catalio Capital Management, a leading multi-strategy healthcare and life science investment firm. The loan is from Catalio’s Structured Opportunities Fund, which provides creative and flexible structured capital solutions to healthcare and life sciences companies. The senior secured term loan provides Sanguine with an initial draw of $6 million at close, with an additional $4 million available at the company’s option. Sanguine will use the funds to support its recently launched apheresis donation center, develop instrumental cell & gene therapy products derived from apheresis, including GMP-grade and CD34+ mobilized leukopaks, and fund commercial growth. Catalio Capital Management General Partner and Head of Credit John Henry Iucker, CFA, joins Sanguine’s board of directors as an Observer. “Catalio is thrilled to partner with Sanguine to support its mission of empowering patients to participate in medical research and advance precision medicine,” Mr. Iucker said. “By providing a diversity of annotated and relevant biospecimens essential for clinical research, Sanguine is well-positioned to thrive in the rapidly expanding cell and gene therapy market.” “Our partnership with Catalio is an important step forward for Sanguine as we bridge the gap between researchers and patients, leading to advanced therapies and likely better outcomes,” said Sanguine CEO Brian Neman, MHA. “This financing will enable our business to continue to innovate, grow, and align with our customers’ needs.” About Catalio Capital Management Catalio Capital Management, LP, is a multi-strategy healthcare and life sciences investment firm focusing on breakthrough companies developing the next generation of drugs, devices, diagnostics, and data-driven insights. Catalio's Partnership includes over 44 world-renowned scientists with extensive academic and scientific achievements who have each started well-established companies based on their research. Catalio has offices in New York and London. Learn more about Catalio Capital Management by visiting . About Sanguine Biosciences Sanguine Biosciences is accelerating personalized medicine research by empowering patients with their healthcare data and facilitating participation in biomedical research. Bridging the gap between patients and researchers means securely and efficiently collecting, processing, and delivering patient biospecimens and relevant health data to scientists working on innovative therapies. Sanguine has supported translational and clinical research at 30 of the top 40 global pharmaceutical and biotechnology companies, shortening timelines and validating early-stage results to increase confidence and refine biomarkers in human trials. For the past four years, Sanguine has received the prestigious designation as a “Great Places to Work” company. In 2023, Sanguine was designated on the Inc. 5000 America’s Fastest Growing Private Companies list, Fortune Best Workplaces in BioPharma, and Fortune Best Small Workplaces. Popular media outlets featuring Sanguine include the Fox News Channel, The Washington Post, The Boston Globe, Inc., and many others.

--Industry veteran to lead growth for company's CDMO and pharmaceutical supply divisions, NovaCina and LumaCina-- MIAMI and PERTH, Australia, Oct. 24, 2023 /PRNewswire/ -- Bridgewest Perth Pharma, a global pharmaceutical supply and manufacturing company, announced today that Cyrus K. Mirsaidi is taking the worldwide helm as CEO, including its pharmaceutical supplier division, LumaCina, and its Contract Development and Manufacturing Organization (CDMO) division, NovaCina. Continue Reading "Cyrus is an exceptional leader that has skilfully affected lasting positive momentum within the biotech sector." Post this Cyrus K. Mirsaidi, life science industry veteran, is named Global CEO to Bridgewest Perth Pharma, including its pharmaceutical supplier division LumaCina, and its Contract Development and Manufacturing Organization (CDMO) division NovaCina. "We are thrilled to have Cyrus stepping into this important role," said Dr. Masood Tayebi, Co-Founder and Chief Executive Officer of Bridgewest Group. "Cyrus is an exceptional leader that has skillfully affected lasting positive momentum within the biotech sector. He grew our portfolio company BioDuro-Sundia into one of the world's top CRDMOs with major operations in the US and China, now employing more than 3,000 exceptional staff. This is the same kind of growth and exciting future we see for Bridgewest Perth Pharma; we could not be in better hands," added Tayebi. Mirsaidi has an accomplished leadership track record. As CEO of BioDuro-Sundia, he led the company growth from: 500 employees to 2,000+ employees and from 3 sites to 10 global sites, including multiple tuck-in acquisitions and a major merger. Mirsaidi continued as Board Advisor at BioDuro-Sundia, following his role as President and CEO. Prior, he was President and CEO at Molecular Response, a translational oncology CRO, also funded by Bridgewest Group, where he successfully expanded and exited that business in 2015. He has served as Chairman and Managing Partner at BioSelective Capital Investments, as Advisor to private equity firm, Advent International and Board Member at Sanguine Biosciences. Mirsaidi also holds current appointments within Bridgewest Investment Group, that include the Investment Committee at Bridgewest Ventures New Zealand, and member of the Board of Directors at BioOra, LLC. "This is a great opportunity to work with some of the best people in the industry. Together, with our dedicated teams at NovaCina and LumaCina we will soon realize Bridgewest Perth Pharma's vision to create a robust life science ecosystem, centered in Perth, Australia, by leveraging highly efficient drug development, customer-centric operations, and globally recognized manufacturing, to reliably deliver commercial success for our partner clients. I am honoured to lead this important strategic mission for Bridgewest Perth Pharma and our dedicated teams," said Mirsaidi. In April, Bridgewest Group announced the acquisition of the Pfizer Perth cGMP sterile injectable manufacturing plant, and the formation of Bridgewest Perth Pharma, including the NovaCina CDMO division and LumaCina pharmaceutical supply division. Over the past 6 months, the company has invested millions of dollars into both divisions, including broadening NovaCina manufacturing capability with a new isolator filling line, and expanding the LumaCina product catalogue and commercial markets. About Bridgewest Perth Pharma Bridgewest Perth Pharma is a global pharmaceutical company, wholly owned by private investment firm Bridgewest Group. It operates through its two divisions, NovaCina, the company's CDMO, and LumaCina, the company's pharmaceutical marketing and supply division. Bridgewest Perth Pharma brings together innovative life sciences and talented people to meet the escalating demand for high quality drug manufacturing and therapeutics. For more information, visit: Media Contact: Jenny Bourbiel, [email protected] SOURCE Bridgewest Perth Pharma