BioPharmic is developing a blood substitute called Blood BackUp to address unmet needs in situations where donated blood is not readily available. Blood BackUp is a hemoglobin-based solution designed to restore blood volume and oxygen carrying capacity through rapid intravenous infusion. Initial animal studies in pigs demonstrated Blood BackUp's ability to safely and effectively restore oxygen levels similarly to donated red blood cells. BioPharmic is seeking funding to complete the product development process, including additional animal studies and pursuing FDA approval.