Haemoglobin, is the iron-containing oxygen-transport metalloprotein in the red blood cells (erythrocytes) of almost all vertebrates as well as the tissues of some invertebrates. Haemoglobin in blood carries oxygen from the lungs to the rest of the body. Haemoglobin develops in cells in the bone marrow that become red blood cells. When red cells die, haemoglobin is broken up: iron is removed and transported to the bone marrow by proteins called transferrins, and used again in the production of new red blood cells.