Sangui Biotech International, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2019
November 13, 2019 at 04:08 pm EST
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Sangui Biotech International, Inc. announced earnings results for the first quarter ended September 30, 2019. For the first quarter, the company announced operating loss was USD 55,898 compared to USD 93,498 a year ago. Net loss was USD 42,749 compared to USD 89,963 a year ago.
Sangui Biotech International, Inc. focuses on the development of pharmaceutical, medical and cosmetic products. The Company develops its products through its German subsidiary, SanguiBioTech AG (Sangui GmbH). It is engaged in seeking to market and selling its products through partnerships with industry partners across the world. It focuses on the development of oxygen carriers capable of providing oxygen transport in humans in the event of acute and/or chronic lack of oxygen due to arterial occlusion, anemia or blood loss whether due to surgery, trauma, or other causes. It focuses its development and commercialization efforts on such artificial oxygen carriers by reproducing and synthesizing polymers out of native hemoglobin of defined molecular sizes. It offers external applications of oxygen transporters in the medical and cosmetic fields in the form of sprays for the healing of chronic wounds and of gels and emulsions for the regeneration of the skin.
SANGUI BIOTECH INTERNATIONAL, INC. 
