Cryoport Inc. is a global provider of temperature-controlled and cold chain logistics solutions for temperature-sensitive life sciences commodities1. The company serves the biopharmaceutical industry with logistics solutions for biologic materials and regenerative medicine, including immunotherapies, stem cells and CAR T-cells1. Cryoport’s mission is to support life and health by providing reliable and comprehensive temperature-controlled supply chain solutions for the life sciences through its advanced technologies and dedicated personnel2.
Some of the products and services that Cryoport offers are:
Cryoport Express® liquid nitrogen dry vapor shippers, which can maintain temperatures below -150°C for up to 10 days3.
C3™ 2-8°C solution, which is a reusable, validated, and environmentally friendly packaging system that can keep materials between 2°C and 8°C for up to 96 hours3.
Cryoportal® logistics management platform, which is a cloud-based software that enables end-to-end visibility, tracking, and monitoring of shipments across the globe3.
Smartpak II® condition monitoring system and geo-sensing technology, which provide real-time data on location, temperature, orientation, humidity, pressure, and shock3.
Chain of Compliance®, which ensures full compliance at every step in the transportation process, from packaging to delivery3.
Clinical & Commercial Support, which provides dedicated project management, logistics coordination, and customer service teams to assist clients with their supply chain needs3.
Veri-Clean®, which is a validated cleaning process that eliminates the risk of cross-contamination and ensures the integrity of the shippers3.
BioServices, which include cell processing, storage, distribution, kitting, and biobanking solutions for cell and gene therapies4.
Cryoport has its headquarters in Brentwood, Tennessee. Its Global Supply Chain Centers are located in Houston, Texas and Morris Plains, New Jersey. Its Global Logistics Centers are located in Irvine, California; Amsterdam, The Netherlands; Sydney, Australia and Singapore5.
Cryoport is the leader in temperature-controlled supply chain solutions for the life sciences industry. It has over 650 active clinical trials, 10 commercial products, 650,000+ shipments, and 150+ countries served3. It also has a strong financial performance, with a revenue growth of 23% year-over-year in 2022.
I am really surprised this stock got down to these levels?
