CRYOPDP to join Cryoport Inc
We are excited to announce that CRYOPDP will soon be part of the Cryoport family.
The agreement has been signed, and the acquisition is expected to close within 60 days subject to customary closing conditions.
CRYOPDP's strong presence in the US, Europe and Asia Pacific and Cryoport's US extensive footprint will provide enormous benefits to our clients as well as create synergies across the organizations making CRYOPDP even stronger, more flexible, agile and innovative.
"CRYOPDP is especially strong in EMEA and APAC where it enjoys a strong reputation as a valued specialist logistics provider to CRO's (clinical research organizations), the pharmaceutical industry, the life sciences clinical research community, and the fast-growing cell & gene therapy industry. CRYOPDP best-in-class logistics solutions are complementary to our existing offering which allow us to leverage and expand our high growth profile as well as provide broader supply chain solutions to our existing client base through cross-selling and up-selling CRYOPDP's capabilities". Jerrell Shelton, Chief Executive Officer of Cryoport
Together we will provide immediate, tangible advantages to our client base with unique "end to end" market solutions.
Our combined organization will offer answers to new challenges of the high-end healthcare logistics market and continue to develop the most innovative logistics solutions to the Clinical Research and Cell & Gene therapy communities.
One of the top, leading providers in its field, CRYOPDP aims to improve the health of people around the world by providing global innovative temperature-controlled logistics solutions to the Clinical Research and Cell & Gene therapy communities. With headquarters in France, CRYOPDP has more than 250 employees in 12 countries and operates in more than 150 countries.
World leader in temperature-controlled supply chain for the life sciences industry with a strong focus on Cryogenics logistics, dominating the global Cell & Gene logistics market. With headquarters in the US, Cryoport operates more than 100 countries.