For decades, the goal and mission of many scholars and researchers is the development of a safe blood substitute. Even though it is a relatively safe, heterogeneous mixture of cells suspended in liquid plasma that is human blood can cause various and serious health problems after its transfusion. Infections (hepatitis B and C, HIV, West Nile virus, variant Creutzfeldt–Jakob and prion diseases) caused by improper collection or storing of blood units can be life-threatening. Transfused blood, with all its cellular and humoral antigens, can have hemolytic, inflammatory and immunosuppressive effects. Also, allergic reactions, such as perioperative anaphylaxis or transfusion-related acute lung injury (TRALI) are life-threatening complications of blood transfusion (Levy & Adkinson, 2008). Because of all these adverse effects and complications, research in relation to blood substitutes seems logical and necessary. Today, perfluorocarbons (PFCs) and hemoglobin-based oxygen carriers (HBOCs) are two major classes of oxygen-carrying blood substitutes. Because of the low oxygen solubility in plasma, less than 1% of total
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