Business
Cryoport and Inception Fertility Enter Into Agreement
Cryoport's temperature-controlled supply chain management platform will support global logistics for The Prelude Network, the largest network of fertility
About this update from Cryoport, Inc.
[{"type":"text","content":"Cryoport's temperature-controlled supply chain management platform will support global logistics for The Prelude Network, the largest network of fertility centers in the U.S.\n\n\nNASHVILLE, Tenn., Feb. 26, 2020 /PRNewswire/ -- Cryoport, Inc. (NASDAQ: CYRX) (NASDAQ: CYRXW) (\"Cryoport\"), the world's leading temperature-controlled logistics company dedicated to the life sciences industry, today announced a multi-year agreement with Inception Fertility, LLC (\"Inception Fertility\"), a Houston-based company which operates The Prelude Network, the largest and fastest growing network of fertility centers in the United States and MyEggBank, one of the largest frozen donor egg banks in North America. Under the terms of this partnership, The Prelude Network and MyEggBank will utilize Cryoport's temperature-controlled supply chain solutions to deliver a superior patient experience across its entire clinical network, which will provide significant risk mitigation for its clients.\n\n \n \n\n \nThe Prelude Network and MyEggBank will utilize Cryoport's world-class supply chain management and informatics platform to process both domestic and international shipments of eggs, embryos and throughout its global network to help thousands of people grow their families. In addition to Cryoport assuming responsibility for all domestic logistics activity, international shipments are expected to rapidly increase as Cryoport's solutions will expand Inception Fertility's processing bandwidth. \n\"The Prelude Network is the fastest-growing network of fertility clinics and largest provider of comprehensive fertility services in the U.S. and we are proud they have chosen Cryoport's end-to-end solutions to manage their supply chain business. Supporting The Prelude Network will allow us to significantly expand our presence in the global Reproductive Medicine market. Our partnership comes as The Prelude Network experiences rapid growth and prioritizes improved streamlining of business processes across its enterprise for the protection of its products and services,\" said Jerrell Shelton, CEO of Cryoport.\nT.J. Farnsworth, CEO of Inception Fertility, commented, \"As we continue to expand our network of top tier fertility centers and serve higher numbers of patients in new geographies, business efficiency and risk mitigation continues to be a focal point. We ...