AlenCiken

Cryoport Sign Agreement to Acquire CRYOPDP

NASDAQ:CYRX   CryoPort, Inc.
Cryoport Expands Global Supply Chain Platform by Signing Agreement to Acquire CRYOPDP

all cash transaction valued at approximately €49 million. CRYOPDP generated over €42 million of revenue in 2019 and is expected to be immediately accretive to Cryoport's earnings upon closing. The acquisition is expected to close within 60 days, subject to customary closing conditions.

Acquisition will expand Cryoport's presence in both the EMEA and APAC regions and broaden Cryoport's range of temperature-controlled supply chain solutions for the life sciences

finance.yahoo.com/ne...chain-113000081.html


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