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Vineti and Cryoport Collaborate to Bring Integrated Solutions to the Global Regenerative Therapy MarketSAN FRANCISCO and IRVINE, Calif., Sept. 04, 2019 (GLOBE NEWSWIRE) -- Vineti, Inc., and Cryoport, Inc. (NASDAQ: CYRX) (NASDAQ: CYRXW) announced a commercial partnership designed to extend end-to-end delivery of cell therapies and gene therapies to a growing number of patients as the industry continues to scale. Pairing Vineti’s supply chain orchestration (SCO) platform with Cryoport’s integrated temperature-controlled capabilities and near real-time monitoring will provide an end-to-end solution for advanced therapies, supporting the assurance of improved drug product quality and patient safety. Vineti and Cryoport together seek to leverage both of their commercial and clinical phase experiences and insights from serving biopharma customers. Together, the Vineti-Cryoport solution will seek to provide biopharmaceutical developers with a pre-integrated SCO and temperature logistics system that will offer digital, optimized end-to-end traceability and control. With Vineti’s platform being deployed in more than 300 clinical centers world-wide within the next year, and Cryoport serving more than 400 clinical trials and three commercialized therapies, the collaboration between the two companies provides a broad-based global solution. Vineti’s supply chain orchestration (SCO) platform, the only independent digital solution serving both clinical and commercial advanced therapy products, will help clients ensure that there is tight, automated management for each personalized drug product across the entire supply chain. The Vineti platform delivers digital Chain of Identity and Chain of Custody for regenerative therapies, providing essential patient safety and regulatory compliance for the most complex supply chain in the history of medicine. Cryoport, the world's leading temperature-controlled solutions company serving the life sciences industry, will provide its logistics solutions for clinical and commercial advanced therapy products. Cryoport's suite of unique temperature-controlled logistics solutions include its Cryoport Express® Shippers, SmartPak II™ Condition Monitoring System, Cryoportal™ Logistics Management Platform and its signature 24/7/365 logistics support with intervention capability. These unparalleled capabilities enable users to monitor their shipments and track the conditions, location and courier handling of their biological commodities in transit around the clock and to deploy intervention capability to mitigate any potential logistics risks. “Cryoport provides a range of powerful temperature-controlled logistics solutions to the cell and gene therapy market, and its team is constantly demonstrating a strong commitment to continuous improvement to keep pace with the remarkable scientific and medical progress in the field,” sid Amy DuRoss, CEO and Co-Founder, Vineti. “We are proud to be partnering with Cryoport to support both clinical-phase and commercial customers, achieving efficiency and optimization on behalf of the patients they serve.” Jerrell Shelton, CEO of Cryoport commented, “Collaborating with a leading-edge company like Vineti, which was co-founded by GE and the Mayo Clinic, underscores Cryoport’s expanding reach within this rapidly growing market. We are working constantly to secure valuable collaborations that expand our ecosystem of temperature-controlled solutions for the regenerative medicine market. As the regenerative medicine market matures, the demands of cell and gene therapy developers are becoming increasingly complex and we are committed to enhancing our offerings with collaborations such as this one with Vineti, the industry-leading supply chain orchestration (SCO) platform, to better serve the life sciences and bring on new clients.” About Vineti About Cryoport, Inc. For more information, visit www.cryoport.com. Sign up to follow @cryoport on Twitter at www.twitter.com/cryoport. Forward Looking Statements Vineti Contact Details Cryoport Contact Details |