Breaking News, Collaborations & Alliances

Cryoport Completes Divesture of CRYOPDP

Establishes a strategic partnership with DHL Group aimed at enhancing supply chain service offerings.

Author Image

By: Charlie Sternberg

Associate Editor

Cryoport Inc., a provider of temperature-controlled supply chain solutions for the Life Sciences, has completed the previously announced divestiture of its specialty courier business, CRYOPDP, to DHL Group, a leading logistics provider, in a transaction that includes cash payments of approximately $200 million to Cryoport. At the same time, Cryoport and DHL have established a strategic partnership aimed at enhancing their respective supply chain service offerings for the global life sciences ...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters