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Cryoport, Inc. ("Company"), the world's leading cryogenic logistics company, today announced the opening of its new US headquarters in Irvine, CA. The purpose-built facility supports the Company's long-term expansion plans for its logistics operations and client-demanded scalability.
The facility is designed to service large-scale manufacturing and logistics operations in support of the Company's expected growth. It is strategically positioned to be in close proximity to a major international airport and interstate freeways. In total, the facility has 27,600 square feet of space, which is more than double that of the Company's previous location. The additional space will aid in the implementation of processes automating workflow, the enhancement of quality processes, and the rapid scaling of the Company's operations to accommodate increasing client demand.
"Our new and expanded US facility provides for increased capacity and capabilities, which are demonstrative of the widespread acceptance of our solutions and services as the life sciences industry's most advanced cryogenic logistics solutions provider in the world," said Jerrell Shelton, Chief Executive Officer of Cryoport. "As cellular therapies unfold into trials and commercialization, we are seeing greater client demand and a rapid uptake of our advanced logistics solutions. Our new facility is integral to supporting the increasing volume and client activity we are experiencing and for which we are planning."
"It is important to note that a portion of our new and expanded facility is dedicated to the continued and expanded development of additional solutions by our innovation team. We will continue to be agile as we expand our solutions capabilities to new and existing clients," concluded Mr. Shelton.
In addition to the new headquarters and in support of its global reach, Cryoport has international operations centers located in Rotterdam, the Netherlands and Singapore.
