The Singapore location is another step in Cryoport’s strategy to strengthen its footprint in the Asia Pacific (APAC) region to meet the increasing demand by the life sciences industry for its temperature-controlled supply chain solutions. This follows the launch of Cryoport Systems’ and CRYOPDP’s first jointly operated Global Logistics Center in Osaka, Japan in the fourth quarter of 2020. As with all the Company’s existing Global Logistics Centers, the Singapore facility is outfitted to handle all Cryoport solutions, with capabilities covering the full temperature range from -196° Celsius and every single gradient, up to and including Controlled Room Temperature (CRT).  

 

Jerrell Shelton, CEO of Cryoport, said, “The joint capabilities of Cryoport Systems and CRYOPDP will provide several benefits to our clients, including improved turnaround time for shipments and reduced unnecessary handling by third parties. As with all our existing Global Logistics Centers, shipments at this facility are only handled by trained technicians throughout the entire order-delivery process. The synergies generated by Cryoport Systems and CRYOPDP working together also enable us to leverage the logistics and technical expertise of both business units and to extend our service offerings, as well as ensure improved cost and process efficiencies for our clients.”

 

Cédric Picaud, CRYOPDP Chief Executive Officer (CEO) said, “APAC is one of the most dynamic markets and CRYOPDP has the advantage of having a leading position on it, with more than 11 owned facilities in key countries and many  years of experience in providing premium and innovative temperature-controlled logistics solutions to the life sciences industry. This new joint facility with Cryoport will enhance new and significant benefits  for our customers and patients.” 

 

Read the press release here.