Sanguine
Corporation (OTC BB: SGNC)
101 East Green Street, Ste.11
Pasadena, CA 91105Thomas C.
Drees, Ph.D.
President / Chief Executive Officer
Business Summary
Sanguine Corporation (OTC Bulletin Board:
SGNC), is a bio-pharmaceutical company focused on the development of PHER-O2 an oxygen-carrying synthetic substitute for
human red blood cells and numerous other areas requiring oxygen perfusion.
The Company’s current product, PHER-O2 is a second generation to the
previously FDA approved Fluosol DA product. The goal is to replace the
current product used for transporting living tissue, known as UW (University
of Wisconsin) solution (trade name: Viaspan™). The availability of vital
organs for transplant is severely limited, in part, because the systems most
commonly used to preserve living tissue are based on 50-60 year old
technologies and remain limited in their usefulness. As a result, organ
banks do not have the true capability of storing organs for any significant
length of time. The benefit of transporting the living tissue in an
Oxygenated bath is believe to significantly better the current technology
available. Once FDA approval is achieved, Sanguine believes that PHER-O2
will be used in a variety of ways, similar to Fluosol.
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Investor Contact
Michael Dancy
M. E. Dancy & Associates Inc.
455 East 500 South Ste.205
Salt Lake City, Utah 84111
Ph: 801-746-3570
Fax: 801-532-1765
email: medancy@sanguine-corp.com |
Investment Highlights
- As a second-generation product,
PHER-O2 will benefit from the limited success of its predecessor, Fluosol, developed under
the management of Dr. Drees. Fluosol is the only FDA-approved synthetic red blood cell
substitute, though it is not presently marketed. Management believes that its acceptance
should enable Sanguine to pursue the fast track for PHER-O2 through clinical trials and
the FDA approval process.
- The Company plans to capitalize on
the enormous demand for its product by angioplasty. There are an estimated 700,000 cases
involving angioplasty, trauma or perfusion per year in the U.S. which require or could be
enhanced by PFCs or other blood substitutes. Sanguine expects to capture 25% percent of
that market within three years of commercialization, generating revenues of up to $80
million annually.
- Once PHER-O2 is established as the
premier product in angioplasty, Sanguine will move towards its ultimate goal: to see
PHER-O2 utilized in every emergency room and ambulance across the United States - a total
market potential of $7 billion.
- Sanguine is already developing a
third-generation product with two profiles: OxyRich and OxyPlus. These products are
designed to treat Alzheimers Disease and Decompression Sickness (DCS) - extending
the Companys reach into two additional - and potentially lucrative - market niches.
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