Cryoport to offer cryogenic logistics solutions to HemaCare

Jul 30 2015

Cryoport, Inc. (NASDAQ: CYRX) ("Cryoport" or the "Company"), the leading provider of advanced cryogenic logistics solutions for the life sciences industry, serving markets including immunotherapies, stem cells, cell lines, clinical research organizations, vaccine manufacturers, animal health, and reproductive medicine, today announced that the Company will provide cryogenic logistics solutions to HemaCare Corporation ("HemaCare"), a leading global provider of high-quality biological material to the scientific community.

Jerrell Shelton, CEO of Cryoport, commented, "We are pleased to be able to support HemaCare with their efforts to supply the research community with crucial blood products. The uniqueness of their product offerings requires a trusted provider. Cryoport has been gaining a strong reputation within the scientific community as well as the broader life sciences industry as the premier solutions provider for cryogenic logistics."

Under terms of the agreement, Cryoport will provide cold chain logistics for a broad range of cell and tissue samples for use in advanced biomedical research, cell therapy clinical trials and product commercialization.

"Maintaining the quality and integrity of our products is an essential component to achieving favorable research outcomes, and something our customers have come to expect from us," said Pete van der Wal, President and CEO of HemaCare. "Cryoport's shared commitment to quality and reputation for the highest packaging and shipping standards ensures that our products are delivered without significant loss of viable, functional cells."

Cryoport's global network has the capacity to support the demand of research communities across the globe. Cryoport's validated and comprehensive cryogenic logistics solutions will ensure that the integrity of the shipment is maintained throughout the entire process, which is critical to the validity of all research.

SOURCE Cryoport, Inc.