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H2R

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Alias Born 07/17/2014

H2R

Re: None

Monday, 08/09/2021 2:43:47 PM

Monday, August 09, 2021 2:43:47 PM

Post# of 12137
F-airGate: Another acquisition I was not aware of.

CYRX keeps wanting to expand its global reach.

We also acquired F-airGate, a provider of innovative temperature-controlled supply chain solutions, headquartered in Brussels, Belgium, which supports our expansion of presence in the EMEA region. This adds - these additions to Cryoport are in strategic locations, where hundreds of cell and gene therapy trials are underway as well as an increasing number of commercial approvals, such as the marketing approval of KYMRIAH in Australia in February 2021.

[...]

In the second quarter, we also launched our new Cryoport Systems/CRYOPDP global logistics center in Osaka, Japan, where we - which we set to support our - excuse me, which we set up to support commercial launch activities and client needs that we believe will further accelerate growth in APAC. Our pledge of generating $100 million of revenue and cost synergies between CRYOPDP and Cryoport Systems is underway and proceeding on schedule.



https://seekingalpha.com/article/4446954-cryoport-inc-cyrx-ceo-jerrell-shelton-on-q2-2021-results-earnings-call-transcript
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