No insider purchase over the last 90 days. The latest, by Bielak Benjamin, was filed 15 Sept 2023.
iSpecimen Inc. belongs to the Healthcare & Pharma sector. Filings by its managers are published through SEC (Form 4). Nothing new has been filed by managers of iSpecimen Inc. in twelve months, the latest record being from 15 September 2023.
The full history, which starts in 2021, counts 5 purchases against no sales. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists revenue at 1.9 m USD and net income at -10.5 m USD.
Other companies in the same sector with recent insider buying flagged by our signals: Xenon Pharmaceuticals Inc. and Vivos Inc. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2025 · cache
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iSpecimen Inc. (ticker: ISPC) is a U.S.-based life-science marketplace company listed on the Nasdaq Capital Market in the United States. Its business sits at the intersection of healthcare technology and biomedical research. iSpecimen operates the iSpecimen Marketplace®, a digital platform that connects life science researchers with providers of human biospecimens, including hospitals, biorepositories, commercial laboratories, medical groups, clinical trial organizations, and other healthcare institutions. The company’s core value proposition is to streamline the sourcing of human samples required for research while helping provider organizations unlock revenue from underutilized inventory and clinical remnants.
The company was founded in 2009 and completed its first commercial sale in 2012. Its headquarters and principal executive offices are in Woburn, Massachusetts, United States, placing it within one of the most important biotechnology clusters in North America. iSpecimen’s origin story is rooted in a practical problem identified by pathologists: researchers often had to manually search fragmented clinical networks to find the right specimens. That history still defines the company today, as it aims to reduce friction in procurement, compliance, contracting, and logistics around biospecimen access.
From a business-line perspective, iSpecimen focuses on several specimen categories, including biofluids, tissue, stem and immune cells, matched sets, and related patient data. The marketplace is designed to give researchers single-interface access to a broad and growing network of providers, with tools for search, ordering, fulfillment tracking, and dataset access. Its customer base is primarily composed of research institutions, biotech companies, and pharmaceutical companies seeking highly specific human samples for discovery programs, especially in oncology, cardiovascular disease, and other translational research areas.
Competitively, iSpecimen differentiates itself as a specialized, technology-enabled marketplace rather than a traditional distributor. Its competitive edge depends on network breadth, data quality, workflow efficiency, and compliance handling. In a fragmented biospecimen market, those factors are critical: researchers want speed and specificity, while providers want standardized processes and a scalable path to monetization. The model is attractive in theory, but execution matters greatly because the market is operationally complex and highly regulated.
Recent developments have included continued efforts to expand the supplier network and enhance marketplace functionality. Financially and at the stock level, the company has also seen notable events, including a private placement in late 2025 and a 1-for-40 reverse stock split effective in late April 2026, while its common stock continues to trade on Nasdaq under ISPC. For investors, iSpecimen remains a small-cap, growth-oriented healthcare technology name focused on increasing marketplace usage, deepening supply-side relationships, and improving commercial traction in the U.S. biospecimen market.
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 1.9 m USD | -10.5 m USD | -2.28 USD | 10-K |
| Dec 2024 | 9.3 m USD | -12.5 m USD | -17.58 USD | 10-K |
| Dec 2023 | 9.9 m USD | -11.1 m USD | -24.55 USD | 10-K |
| Dec 2022 | 10.4 m USD | -10.2 m USD | -1.16 USD | 10-K |
| Dec 2021 | 11.1 m USD | -9.0 m USD | -2.09 USD | 10-K/A |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.