Google DDN Pharmaceuticals. This was the first company Fed Ex did a technology partnership with - so CYRX is not the Guinea Pig. DDN has a specialty packaging product for the pharma industry. When Fed Ex partnered with them they were small and unknown. Fed Ex made boo koo dollars on that deal and ended up buying them.....at a huge multiple.
Fed Ex is way beyond being troubled by the CryoPort product or the company itself. Look for some big things to happen in the near term. Every shipper - Fed Ex, UPS and DHL all want the frozen market and none of them have it. This little CryoPorter will be the horn that gores the World Courrier Ox.
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