CryoPort, DHL enter agreement to provide shipping discounts
CryoPort Inc (OTCBB: CYRX) has entered into an agreement with logistics company DHL to provide its life science customers direct access to CryoPort’s web-based order entry and tracking portal. This will enable them to order the CryoPort Express Shipper and receive preferred DHL shipping rates.
The agreement covers CryoPort shipping discounts that may be used to support CryoPort and DHL customers using the CryoPort Express shipping system. In connection with the agreement, CryoPort will integrate its proprietary web portal with DHL’s tracking and billing systems. Once this integration is completed, DHL life science customers will have a seamless process for shipping their critical biological material worldwide. The IT integration with DHL is expected to be completed in October 2010.
The reusable CryoPort Express system is designed to meet the needs of clinical labs, diagnostic companies, research organizations, and the biotech and pharmaceutical industries by allowing tissue samples, blood, and other biological material to remain frozen at –150° C for 10-plus days, in contrast to the current industry practice of dry-ice packaging, which often requires re-icing during transit.
“We are delighted to be working with DHL and proud they have chosen to integrate with CryoPort to make our product and services available to their customers,” said Larry Stambaugh, CryoPort president and chief executive officer.
Access www.cryoport.com for more information.