Cryoport and Medipal Holdings announced a multi-year strategic business alliance agreement to create an integrated regenerative medicine supply chain solution in Japan.
Cryoport and Medipal will partner to provide integrated, end-to-end distribution solutions for specialty cell and gene therapies that demand stringent temperature control, track and trace systems and global distribution. To meet demand from the increasing number of cell and gene therapies currently in development and expected to launch in coming years, this alliance will combine both companies’ strengths to realize reliable and seamless distribution services for biopharmaceutical companies in Japan and the Asia-Pacific (APAC) region/worldwide.
Medipal provides industry-leading efficient, reliable, and timely distribution solutions for specialty products in the healthcare industry across a broad range of temperatures, from -196℃ to 37℃ (-320℉ to 99℉), with strict temperature control and traceability. With its high-quality logistics, including the original SDDU (Specialty Drug Distribution Unit: a long-life shipping unit using liquid nitrogen in liquid phase for ultra-low temperature logistics), MEDIPAL has positioned itself as a unique leader in cell and gene therapy product logistics in Japan. The goal of the partnership is to provide fully integrated solutions that reduce risk and improve certainty for the companies’ Japan and global clients and build business revenue for both MEDIPAL and Cryoport.
“This alliance with Cryoport will enable our two companies to seamlessly provide an integrated, high-quality logistics service in the Japanese market, as well as overseas, complementing each other’s strengths. We also believe that this alliance will accelerate our progress to satisfy unmet medical needs, both domestically and internationally, and it will help patients awaiting new treatment options, as well as the treating physicians,” Shuichi Watanabe, Representative Director, President and CEO said.
“Cryoport’s Chain of Compliance® complete suite of technologies and informatics are trusted by biopharmaceutical companies worldwide. We use SmartPak™ Condition Monitoring System and Cryoportal™ technologies to monitor the conditions of cell and gene therapies in real-time from the time of packing through transit to unpacking thereby significantly mitigating potential risks. We look forward to this alliance with MEDIPAL and to growing together in the cell and gene therapy space in Japan and globally,” Jerrell Shelton, CEO of Cryoport, said.