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| Sanguine Corporation is a public company (OTC BB: SGNC) based in Pasadena, California, whose primary focus is the development of PHER-O2, a perfluorocarbon (PFC) emulsion with oxygen carrying properties that has immediate applications as an intravenous supplement to red blood cell function. The broad-based medical applications of PHER-O2 have strong market potential. Sanguine is a well-established organization with experts in the field of synthetic blood chemistry and development. Dr. Thomas C. Drees was a leader in the creation of FluosolŪ, the only synthetic blood supplement approved to date for human use by the United States Food and Drug Administration (FDA). The FDA approved Fluosol for angioplasty use only in 1989 but Fluosol was withdrawn from the market in 1994 because of the difficulty of storing it frozen and then bringing it to ambient temperature prior to use. | Of the approximately 15,000 uses per year for the three full years it was on the market, fully 50% of Fluosol use was for off label adaptation to transfusions other than angioplasty. Sanguines immediate goal is to accelerate development and test of the Red Blood Cell (RBC) supplement PHER-O2, ultimately leading to FDA approval. To assist in achieving this goal, a Medical Advisory Board (MAB) composed of scientists and physicians has been established to advise Sanguine management on medical and scientific issues. These include new product research, development, test, and applications of PFC emulsions. | |
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