Navigation Links
Cryoport & UPS Collaborate on Cryogenic Logistics Solutions for the Healthcare Industry
Date:11/3/2014

LAKE FOREST, Calif., Nov. 3, 2014 /PRNewswire/ -- Cryoport, Inc. (OTC BB: CYRX) ("the Company"), the leading provider of advanced cryogenic logistics solutions, announced today that it is collaborating with UPS to enhance its temperature-sensitive shipping offerings to the healthcare industry.

UPS's global network of healthcare customers will now have access to UPS Temperature True® Cryo, using packaging which supplies liquid nitrogen dry vapor dewars with an advanced operating platform. UPS Temperature True® Cryo will keep products frozen at -150 degrees C for 10 days in dynamic shipping conditions.

In conjunction with its new, Cryoport-enabled, leading edge cryogenic packaging, UPS will be deploying the UPS Proactive Response® Secure, as the first risk management, intervention and insurance solution for the supply chain. UPS Proactive Response® Secure is designed to provide unprecedented coverage for critical biological shipments. Temperature True® Cryo delivers real-time tracking and intervention services along with UPS's proactive monitoring, risk mitigation solutions and global network of control towers, providing enhanced visibility for time-sensitive cryogenic shipments at every stage of the supply chain journey.

Jerrell Shelton, Cryoport's CEO, said, "We are proud to be working with UPS, one of the largest shipping companies in the world, to supplement its extensive logistics offerings to the healthcare industry by providing customers with our industry-leading, temperature-sensitive solution to preserve products in cryogenic environments. It is our understanding that UPS customers can also mitigate any risk associated with damage during transit with the new, Cryoport-enabled UPS Proactive Response® Secure, a solution for the transportation and timely delivery of critical biological materials. We anticipate that UPS's growing network of more than 220 countries worldwide will benefit from Cryoport's solutions. Cryoport is fully committed to supporting UPS and enabling its customers to meet the increasing demands for advanced and reliable supply chain solutions."

About Cryoport, Inc.

Cryoport provides leading edge cryogenic logistics solutions to the life sciences industry through the combination of purpose-built proprietary packaging, software technologies and skilled and total management of the entire logistics process. Cryoport Express® liquid nitrogen dry vapor shippers are validated to maintain a constant -150 degrees C temperature for a 10-plus day dynamic shipment duration, and its Cryoportal™ Logistics Management Platform assists in managing the entire shipment process, including initial order input, document preparation, customs documentation and clearance, courier management, shipment tracking, issue resolution, and delivery. Cryoport's total turnkey logistics solutions offer reliability, cost effectiveness, and convenience, while the use of recyclable and reusable components provides a "green" and environmentally friendly solution. Among Cryoport's service options, the client has the option to record and archive the "chain of condition" and "chain of custody" information for shipments thereby meeting the exacting requirements for scientific work and regulatory purposes. For more information visit www.cryoport.com.

To download Cryoport's investor relations app, which offers access to SEC documents, press releases, videos, audiocasts and more, please click to download from your iPhone and iPad or Android mobile device.

Forward Looking Statements

Statements in this press release which are not purely historical, including statements regarding Cryoport, Inc.'s intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. It is important to note that the company's actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, risks and uncertainties associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, and technical development risks. The company's business could be affected by a number of other factors, including the risk factors listed from time to time in the company's SEC reports including, but not limited to, the annual report on Form 10-K for the year ended March 31, 2014. The company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Cryoport, Inc. disclaims any obligation, and does not undertake to update or revise any forward-looking statements in this press release.

Contact:

Todd Fromer / Garth Russell
tfromer@kcsa.com / grussell@kcsa.com 
P: 1-212-682-6300

Logo - http://photos.prnewswire.com/prnh/20140401/NY95107LOGO


'/>"/>
SOURCE Cryoport, Inc.
Copyright©2014 PR Newswire.
All rights reserved

Related medicine technology :

1. Cryoport Reports 92% Revenue Growth for First Quarter of Fiscal 2015
2. Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing in Chelsea Therapeutics International, Ltd. to Contact the Firm
3. Smith & Nephew launches revolutionary open-architecture suture anchor for rotator cuff repair with greater pullout strength than competitors[i]
4. Thomson Reuters Launches New Mobile Oncology Decision Support Solution for R&D Pharmaceutical Leaders
5. Biopharma M&A Trends Hold Steady, But Deals Declined in 2011
6. Foundation for Managed Care Pharmacy (FMCP) Presents Awards for 2012 National P&T Competition and Best Posters
7. Almost 50 Percent of the Glaucoma Patient Population Remains Untreated, Signifying a Vast Market for Glaucoma Pharmaceuticals, Finds Frost & Sullivan
8. International Drug & Explosives Detection Company IDenta Corp. Releases Information to OTC markets.
9. Ultra Clean to Present at the Jefferies 2012 Global Technology, Media & Telcom Conference
10. Axis Global Logistics Names Mr. Thomas Brennan, Vice President Strategic Accounts & Life Sciences
11. The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Gen-Probe Incorporated in Connection with the Sale of the Company to Hologic, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/13/2018)... (PRWEB) , ... December 13, 2018 , ... ... disease diagnostics with genomics, announced today the results of an ongoing clinical study ... showed that the Karius® Test, a non-invasive blood test that detects pathogen cell-free ...
(Date:12/10/2018)... (PRWEB) , ... December 10, 2018 , ... ... are pleased to announce the formation of Parkview Dental Partners (“Parkview Dental”), a ... Dr. Kenneth Liszewski, founder of BayView Dental, a group dental practice comprised of ...
(Date:12/8/2018)... (PRWEB) , ... December 07, 2018 , ... ... eye care practice management organizations in the nation, and Southwestern Eye Center, an ... Eye Center. The affiliation of the two businesses will improve the quality of ...
Breaking Medicine Technology:
(Date:12/13/2018)... (PRWEB) , ... December 13, 2018 , ... ... designed to appear more modern and approachable in their community. Delia Associates created ... to provide treatment for those dealing with substance abuse in the greater Hunterdon ...
(Date:12/13/2018)... YORK (PRWEB) , ... December 13, 2018 , ... Researchers ... of two classes of drugs that induces the highest rate of proliferation ever observed ... is an important step toward a diabetes treatment that restores the body’s ability to ...
(Date:12/13/2018)... ... ... Mediaplanet today announces the launch of this December’s issue of “Transplants: The Gift ... to sign up as an organ and/or whole-body donor for the 120,000 people in ... organ donor can save up to 8 lives, however, an average of 22 people ...
(Date:12/13/2018)... ... December 13, 2018 , ... Individuals who are interested ... to win a full-ride scholarship offered by Dr. Kami Hoss of Howard Healthcare Academy. ... The full-ride scholarship would enable a student to become a registered dental assistant for ...
(Date:12/10/2018)... ... 10, 2018 , ... Loma Linda University School of Public Health ... found a link with freight-railyard pollution to asthma-related emergency room visits in children. The ... large-scale railyard study is a follow-up to the i nitial study of ...
Breaking Medicine News(10 mins):