Be The Match BioTherapies, an organization offering integrated
systems and software to manage the collection and delivery of
cellular therapies, and Cryoport, Inc. (NASDAQ: CYRX, CYRXW), the
world's leading temperature-controlled logistics company dedicated
to the life sciences industry, today announced a strategic
partnership to deliver end-to-end supply chain services to the cell
and gene therapy industry. The collaboration will support both
organizations’ efforts to standardize critical elements of the cell
therapy supply chain, as well as processes in apheresis and
transplant center networks.
By pairing Cryoport’s expertise in temperature-controlled
logistics with Be The Match BioTherapies’ expertise in apheresis
center onboarding and management, case management and logistics,
clinical research, and outcomes data collection and analysis, the
two organizations will offer full end-to-end supply chain and
outcomes support for companies developing and delivering autologous
and allogeneic cell and gene therapies. An important part of the
agreement is to integrate Be The Match BioTherapies’
MatchSource® cell therapy supply chain software and
Cryoport’s Cryoportal™ Logistics Management Platform. The outcome
is a platform that manages more cell therapy products than any
other solution in the marketplace, enabling cell and gene therapy
companies to more rapidly discover, develop and deliver
next-generation therapies.
Cryoport recently launched Chain of Compliance™, a solution that
offers full traceability and provides comprehensive data that, when
combined with Be The Match BioTherapies’ assets, including
MatchSource, manages risk and provides the industry with a
cell therapy standardization platform. With services powered by the
National Marrow Donor Program®/Be The Match® and more than 30 years
of experience, Be The Match BioTherapies’ expertise includes the
management of 22,000 cell and blood shipments annually and a
successful compliance record in managing chain of identity.
“We are delighted to partner with Cryoport to support the
growing cell and gene therapy industry,” said Chris McClain, MBA,
vice president, Sales and New Business Development, Be The Match
BioTherapies. “This new partnership will leverage the strengths of
Cryoport and Be The Match BioTherapies to provide a unique set of
standardized end-to-end workflow and logistics management
services—beginning with cell harvest at apheresis centers,
continuing through the supply chain, and ending with outcomes
tracking—for the cell and gene therapy industry.”
“Be The Match BioTherapies is leading the charge to develop a
more efficient and standardized cell therapy supply chain. We are
pleased to join them in these industry-leading efforts and look
forward to working together to support cell and gene therapy
companies to more efficiently bring new medicines to patients,”
said Mark Sawicki, chief commercial officer of Cryoport.
About Be The Match BioTherapiesBe The Match BioTherapies
is the only cell and gene therapy solutions provider with
customizable services to support the end-to-end cell therapy supply
chain. Backed by the industry-leading experience of the
National Marrow Donor Program/Be The Match, and a research
partnership with the CIBMTR® (Center for
International Blood and Marrow Transplant Research®), the
organization designs solutions that advance cell and gene therapies
in any stage of development.
Be The Match BioTherapies is dedicated to providing high-quality
cellular starting material consented for research, clinical and
commercial use, developing and managing expansive cell collection
networks, and navigating cell therapy regulatory compliance. Using
proven infrastructure to successfully manage autologous and
allogeneic cell therapy supply chains, including MatchSource
Supply Chain Software, personalized case managers and logistics
experts, the organization has a history of compliance managing the
chain of identity. The collaboration with CIBMTR extends services
to include long-term follow-up tracking for the first two
FDA-approved CAR-T therapies.
For more information, visit
www.BeTheMatchBioTherapies.com or follow Be The Match
BioTherapies on LinkedIn or Twitter at @BTMBioTherapies.
About Cryoport, Inc.Cryoport is a trusted global provider
of solutions for maintaining temperature-sensitive life sciences
commodities during distribution, serving the biopharmaceutical
market with leading-edge logistics solutions for biologic
materials, such as regenerative medicine, including
immunotherapies, stem cells and CAR-T cells. Cryoport's solutions
are used by points-of-care, CRO's, central laboratories,
pharmaceutical companies, manufacturers, university researchers et
al; as well as the reproductive medicine market, primarily in IVF
and surrogacy; and the animal health market, primarily in the areas
of vaccines and reproduction. Cryoport's proprietary Cryoport
Express® Shippers, Cryoportal™ Logistics Management
Platform, leading-edge SmartPak II™ Condition Monitoring System and
geo-sensing technology, paired with unparalleled cold chain
logistics expertise and 24/7 client support, make Cryoport the
end-to-end cold chain logistics partner that the industry
trusts.
Cryoport is dedicated to simplifying global cold chain logistics
through innovative technology, unmatched monitoring and data
capture and support, including consulting; delivering the most
advanced temperature-controlled logistics solutions for the life
sciences industry; and providing vital information that provides
peace of mind throughout the life of each logistics process.
For more information, visit www.cryoport.com, or follow
@cryoport on Twitter at www.twitter.com/cryoport.
Forward Looking StatementsStatements in this news release
which are not purely historical, including statements regarding
Cryoport, Inc.'s intentions, hopes, beliefs, expectations,
representations, projections, plans or predictions of the future
are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. It is important to note
that the Company's actual results could differ materially from
those in any such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not
limited to, risks and uncertainties associated with the effect of
changing economic conditions, trends in the products markets,
variations in the Company's cash flow, market acceptance risks, and
technical development risks. The Company's business could be
affected by a number of other factors, including the risk factors
listed from time to time in the Company's SEC reports including,
but not limited to, the Company's 10-K for the year ended December
31, 2017 filed with the SEC. The Company cautions investors not to
place undue reliance on the forward-looking statements contained in
this press release. Cryoport, Inc. disclaims any obligation, and
does not undertake to update or revise any forward-looking
statements in this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20181003005090/en/
Be The Match BioTherapies:Ten Bridge CommunicationsSarah Sutton,
+1-518-932-3680sarah@tenbridgecommunications.comorCryoport:KCSA
Strategic CommunicationsTodd Fromer/Elizabeth Barker,
+1-212-896-1203tfromer@kcsa.com/ebarker@kcsa.com
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