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Cryoport Acquires Critical Transport Solutions Australia

Further expands Cryoport's presence in Asia-Pacific region to address increased clinical trial activity.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Cryoport, Inc., a global provider of temperature-controlled supply chain solutions for the life sciences, has acquired Critical Transport Solutions Australia Pty Ltd. (CTSA), a provider of healthcare logistics management services, for approximately $5 million. CTSA, specializing in time- and temperature-critical solutions for the medical and pharmaceutical industries based in Australia, will be a part of Cryoport’s CRYOPDP business unit and will continue to be run by the current management...

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