OTCBB ALERTS

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The company name is Cryoport, Inc, and they are in Southern California and pioneered patented technologies in cryogenic frozen packaging at -150º C, or lower, for transporting biological materials, including a reusable shipper currently in full production. (shown in yellow below)

In the medical field in general a vast number of materials have to be shipped at these very low temperatures. Many medicines such as in the area of live cell therapeutics for use in some cancer vaccines are an example of the need to ship at low temperatures. You may download http://www.firstcapitalinvestors.com/factsheets/CYRX.pdf an 8-page information sheet about the company and its products and services as well as the huge market potential they have.

Dry ice is used by others to ship temperature sensitive materials but it has many drawbacks as it does not last long and for any delays it would have to be re-iced so this does not make it very cost effective.

CryoPort's mission is providing cost effective, cryogenic packaging system for biological materials requiring, or benefiting from, a cryogenic temperature (colder than negative 150 degrees celsius) environment over an extended time period, which will significantly replace the currently used dry ice equipment as frozen shipping containers.

The market opportunity is huge as shown in the company literature. There are currently a minimum of 20 million frozen shipments made per year within CryoPort's target market's.

They outline the market size now in these areas as:

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Biopharmaceutical Clinical Trials $1.80 Billion
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Biopharmaceutical Distribution $1.18 Billion
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Biotechnology Research $0.05 Billion
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Miscellaneous Biologicals $0.30 Billion
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Total Global Market $3.34 Billion

There are other uses of this technology also for categories that need to be shipped at low temperatures. Think of all the perishable products you can that are now being shipped frozen and you can begin to see the potential.

In March CryoPort entered into a business alliance agreement with Commodity Sourcing Group CSG. CSG is in the supply chain management area and helps in the supply and transportation arraignment for hospitals and others. The full press release is here: