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Revenue from commercial therapies increased 295% to $8.3 million in 2019
March 6, 2020
By: Kristin Brooks
Managing Editor, Contract Pharma
Cryoport 1Q Revenues: $9.2 million (+62%) 1Q Loss: $947,539 (loss of $2.3 million 1Q19) FY Revenues: $33.9 million (+73%) FY Loss: $18.3 million (loss of $9.6 million FY19) Comments: Revenue from commercial therapies increased 295% year over year to $8.3 million. Cryoport now supports 436 clinical trials in Regenerative Medicine market. The number of trials in Phase III grew to 56, compared with 47 as of December 31, 2018. Bioservices revenue was $1.3 million and $3.0 million...
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