EXPERIENCE 256 | A Pain Free Conversation - Kris Buchanan the Founder of Phase Three Product Development and Co-Founder and CEO of RedDrop Dx
Sat Feb 07 2026
Today’s episode features Kris Buchanan, Founder of Phase Three Product Development and Co-Founder and CEO of RedDrop Dx. RedDrop Dx has developed an FDA-approved, pain-free blood collection device that is used at home! Drawing on years of experience designing medical instrumentation and microfluidic systems, he and his partners set out to solve the “blood acquisition” problem as a standalone, scalable solution rather than a one-off component tied to a single test.
RedDrop offers a simple at-home kit that uses heat to bring capillary blood close to the skin’s surface, followed by a quick, virtually painless micro-needle activation that creates tiny openings and applies gentle vacuum to collect blood. The process avoids nerve stimulation, reduces contamination, and produces a consistent, lab-ready sample. RedDrop is FDA-cleared and sold business-to-business, primarily to diagnostic companies, healthcare providers, and testing services.
Kris is one of those sneaky entrepreneurs that fly under the radar, employing ~25 leading edge engineers at Phase Three Product Development - which his son Will is now managing - and changing the world of data collection (via blood) in the medical space. You’ll be sure to hear more about him and RedDrop Dx in the years ahead, but start here and please enjoy my conversation with Kris Buchanan.
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Music By: A Brother's Fountain
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Today’s episode features Kris Buchanan, Founder of Phase Three Product Development and Co-Founder and CEO of RedDrop Dx. RedDrop Dx has developed an FDA-approved, pain-free blood collection device that is used at home! Drawing on years of experience designing medical instrumentation and microfluidic systems, he and his partners set out to solve the “blood acquisition” problem as a standalone, scalable solution rather than a one-off component tied to a single test. RedDrop offers a simple at-home kit that uses heat to bring capillary blood close to the skin’s surface, followed by a quick, virtually painless micro-needle activation that creates tiny openings and applies gentle vacuum to collect blood. The process avoids nerve stimulation, reduces contamination, and produces a consistent, lab-ready sample. RedDrop is FDA-cleared and sold business-to-business, primarily to diagnostic companies, healthcare providers, and testing services. Kris is one of those sneaky entrepreneurs that fly under the radar, employing ~25 leading edge engineers at Phase Three Product Development - which his son Will is now managing - and changing the world of data collection (via blood) in the medical space. You’ll be sure to hear more about him and RedDrop Dx in the years ahead, but start here and please enjoy my conversation with Kris Buchanan. The LoCo Experience Podcast is sponsored by: Purpose Driven Wealth Thrivent: Learn more 💡Learn about LoCo Think Tank Follow us to see what we're up to: Instagram LinkedIn Facebook Music By: A Brother's Fountain