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Monday, June 25, 2018

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CYRX CryoPort, Inc. gains 29% Jun 25, 2018

CryoPort, Inc. provides cryogenic logistics solutions to the life sciences industry in the United States, Europe, Asia, and internationally. The company offers Cryoportal, a cloud-based logistics management software that automates the entry of orders, prepares customs documentation, and facilitates status and location monitoring of shipped orders while in transit; and CryoPort Express Shippers, which are cryogenic dry vapor shippers that use liquid nitrogen contained inside a vacuum insulated vessel, which serves as a refrigerant to provide stable storage temperatures. It also provides Cryoport Express Standard Shippers, which are re-usable dry vapor liquid nitrogen storage containers for holding the biological material in the inner chamber; CryoPort Express High Volume Shippers, which use a dry vapor liquid nitrogen technology to maintain temperatures; and Cryoport Express CXVC1 Shipper, which is in dry vapor form and based on the standard dry shipper technology, and utilizes an absorbent material to hold LN2. In addition, the company offers CryoPort Express SmartPak Condition Monitoring System that tracks the key aspects of each shipment; CryoPort Express Analytics to track the time-based metrics for order processing time and on-time deliveries, as well as profiling shipping lanes to determine average transit times and predicting shipping exceptions based on historical metric; and biological material holders that are containment bags used in connection with the shipment of infectious or dangerous goods using the CryoPort Express Shippers. CryoPort, Inc. has strategic partnerships with Worthington Industries and Pacific Bio-Material Management, Inc. The company was founded in 1999 and is headquartered in Irvine, California.http://www.priceseries.com/trade/CYRX-CryoPort-Inc-stock-gains-29-percent-a-Trade-Record-by-priceSeries-2018052420180625.html

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