Cryoport Expands its Support of the Contract Research and Testing Arena

Cryoport, Inc. CYRX ("Company"), the world's leading cryogenic logistics company, today announced that Cryoport has been selected by QPS Hepatic Biosciences ("QPS-HB"), a subsidiary of QPS Holdings LLC ("QPS"), as its cryogenic logistics partner supporting QPS's cryopreserved hepatocytes businesses in the USA and the EU, further augmenting Cryoport's presence in supporting the preclinical and clinical research space. QPS is a global leader in contract research and life science products supporting drug and chemical discovery, preclinical and clinical development. Established in 1995, QPS delivers best-in-class contract research and testing through their regional laboratories and testing facilities throughout the USA, Europe, India, and Taiwan. QPS Hepatic Bioscience is the world leader in the isolation and characterization of liver cellular models for research with operations in the Research Triangle Park, North Carolina and in Barcelona, Spain. Mr. Shiloh Barfield, Vice President of Technical Sales, stated, "QPS Hepatic Biosciences was established to provide a better alternative to the declining quality liver cells available globally to the research community. Our partners expect our cryopreserved products to be reliable, reproducible, and of the highest quality. We have had wonderful experience with Cryoport in past company experience and its exceptional services continue. At QPS, we know we can count on Cryoport to ensure our products are delivered with the quality and reliability our clients demand." Mark Sawicki, PhD, Chief Commercial Officer of Cryoport, said, "Cryoport is pleased to have been selected as the preferred cold chain partner of QPS-HB, which supports many of our existing and target clients' research activities through the supply of hepatocytes and other liver cell types. By working with QPS Hepatic Bioscience we are further demonstrating our dedication and commitment to being the definitive end-to-end cold chain logistics solution." Cryoport is currently supporting over 50 clinical trials for advanced therapies and regenerative medicines, including 10 in phase III, for biopharmaceutical companies around the world.