IRVINE, Calif., May 23, 2016 /PRNewswire/ — Cryoport, Inc. (NASDAQ: CYRX) (“Company”), the world’s leading cryogenic logistics company for the life sciences industry, today announced that it will provide global logistics support to International Stem Cell Corporation’s (OTCQB: ISCO) (“ISCO”) for its Phase I clinical trial in Australia for the treatment of moderate to severe Parkinson’s disease. ISCO commenced patient enrollment for the study earlier this month.
Two of Cryoport’s strategically located depots, in southern California and Singapore, will provide logistics support for the clinical study from ISCO’s research facility in California to the study site in Australia. As the premier cryogenic logistics provider, Cryoport’s extensive experience with the movement of high-value biologic material for clinical trials and commercialization programs globally gives ISCO’s team assurance that its shipment will arrive with fully documented chain of custody and chain of condition data.
“This trial will take place across the globe and it is imperative that our cell therapy maintains integrity. We are pleased to have Cryoport handle our global logistics requirements,” said Russell Kern, PhD, Executive Vice President and Chief Scientific Officer of ISCO.
Jerrell Shelton, Chief Executive Officer of Cryoport, commented, “Cryoport is proud to work with ISCO and support its efforts. We are fully confident in our ability to manage the logistics of the therapies as specified – and with certainty. We look forward to furthering our relationship with ISCO as we move forward.”
About Cryoport, Inc.
Cryoport is the premier provider of cryogenic logistics solutions to the life sciences industry through its purpose-built proprietary packaging, information technology and specialized cold chain logistics expertise. Supporting the entire lifecycle of therapies from clinical trials to approval and commercialization, the Company provides leading edge logistics solutions for biologic materials, such as immunotherapies, stem cells, CAR-T cells and reproductive cells for clients worldwide. Cryoport actively supports points-of-care, CRO’s, central laboratories, pharmaceutical companies, contract manufacturers and university researchers. For more information, visit www.cryoport.com. Logo – http://photos.prnewswire.com/prnh/20140401/NY95107LOGO
About International Stem Cell Corporation
International Stem Cell Corporation is focused on the therapeutic applications of human parthenogenetic stem cells (hpSCs) and the development and commercialization of cell-based research and cosmetic products. ISCO’s core technology, parthenogenesis, results in the creation of pluripotent human stem cells from unfertilized oocytes (eggs). hpSCs avoid ethical issues associated with the use or destruction of viable human embryos. ISCO scientists have created the first parthenogenetic, homozygous stem cell line that can be a source of therapeutic cells for hundreds of millions of individuals of differing genders, ages and racial background with minimal immune rejection after transplantation. hpSCs offer the potential to create the first true stem cell bank, UniStemCell™. ISCO also produces and markets specialized cells and growth media for therapeutic research worldwide through its subsidiary Lifeline Cell Technology (www.lifelinecelltech.com), and stem cell-based skin care products through its subsidiary Lifeline Skin Care (www.lifelineskincare.com). More information is available at www.internationalstemcell.com.
To subscribe to receive ongoing corporate communications, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1468&to=ea&s=0
To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/cryoport-to-provide-cold-chain-logistics-support-for-international-stem-cell-corporations-phase-i-clinical-trial-for-the-treatment-of-parkinsons-disease-300272777.html
SOURCE Cryoport, Inc.