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Cryoport Revenue Climbs to $53.3 Million for First Quarter 2021


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NASHVILLE, Tenn., May 4, 2021 /PRNewswire/  Cryoport, Inc. (NASDAQ: CYRX) ( Cryoport or the Company ), a global leader in temperature-controlled supply chain solutions for the life sciences industry, today announced financial results for the three-month period ended March 31, 2021.
Jerrell Shelton, CEO of Cryoport, said, It was a strong quarter and it developed as we had anticipated. We entered 2021 with an unrivaled leadership position with market-leading temperature-controlled supply chain solutions for the life sciences industry in our markets of Biopharma/Pharma, Animal Health and Reproductive Medicine. Our global platform, consisting of 32 locations and a family of companies that provide mutually reinforcing solutions, services and products, delivered an outstanding performance. Cryoport s revenue grew to a record $53.3 million for the quarter with our recent acquisitions of MVE Biological Solutions and CRYOPDP contrib ....

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