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Cryoport to Acquire CRYOPDP

Expands Cryoport’s global supply chain network and services with more than 220 employees located in 22 global facilities in 12 countries.

By: Contract Pharma

Contract Pharma Staff

Cryoport, Inc. entered an agreement to acquire CRYOPDP, a provider of temperature-controlled logistics solutions to the clinical research, pharmaceutical and cell and gene therapy markets, headquartered in Paris, in a cash transaction valued at approximately €49 million. The acquisition will expand Cryoport’s global supply chain network and services with more than 220 employees located in 22 global facilities in 12 countries. CRYOPDP generated more than €42 million of revenue in 2019. The ac...

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