Patient blood management1,2 incorporates patient-centered, evidence-based medical and surgical approaches to improve patient outcomes by relying on the patient’s own (autologous) blood rather than allogeneic blood. Particular attention is paid to preemptive measures such as anemia management. The emphasis on the approaches being “patient-centered” is to distinguish them from previous approaches in transfusion medicine, which have been “product-centered” and focused on blood risks, costs, and inventory concerns rather than on patient outcomes. Patient blood management3 structures its goals by avoiding blood transfusion4 with effective use of alternatives to allogeneic blood transfusion.5 These alternatives include autologous blood procurement, preoperative autologous blood donation, acute normovolemic hemodilution, and intra/postoperative red blood cell (RBC) salvage and reinfusion. Reviewed here are the available pharmacologic tools for anemia and blood management: erythropoiesis-stimulating agents (ESAs), iron therapy, hemostatic agents, and potentially, artificial oxygen carriers.