DHL Group, logistics provider, and Cryoport, Inc., a global provider of supply chain solutions for the life sciences sector, have announced that DHL has acquired 100% of CRYOPDP, a speciality courier focused on clinical trials, biopharma, and cell and gene therapies.
“In this context, the companies also announced a strategic partnership to strengthen their supply chain service offerings for the global life sciences and healthcare sector.
DHL Group already has an established Life Sciences and Healthcare business, contributing over EUR 5 billion in global revenue in 2024.
Building on this foundation, the acquisition of CRYOPDP marks a significant step in DHL’s commitment to enhancing its capabilities in specialized pharma logistics and expanding the breadth of its offering in the rapidly growing life science and healthcare sector.
CRYOPDP specializes in providing white-glove courier services essential to the sectors it serves.
With operations in 15 countries, CRYOPDP handles over 600,000 shipments per year, servicing customers and patients in over 135 countries worldwide.
Going forward, DHL Supply Chain will further build the potential of its Pharma Specialized Network solution by leveraging the speciality courier expertise of newly acquired CRYOPDP and the global air capabilities of DHL Express and DHL Global Forwarding.
The strategic partnership with Cryoport will bring together DHL’s global health logistics capabilities with Cryoport’s industry-leading expertise in providing specialized solutions in a fast growing life science and healthcare market segment.
It also deepens DHL’s relationship with all the Cryoport business units with respect to specialized pharma
Oscar de Bok, CEO of DHL Supply Chain, stated: “The acquisition of CRYOPDP is a pivotal move for our supply chain business as we aim to expand our Pharma Specialized Network to meet the evolving needs of clinical trials, biopharma and cell & gene therapies, in addition to further increasing our footprint in the conventional pharma and life science healthcare segment.
“The acquisition of CRYOPDP and the extended partnership with Cryoport Inc. will enable us to deliver integrated end-to-end solutions, enhancing our service capabilities .”
Jerrell Shelton, CEO of Cryoport, commented: “We are indeed pleased to build on our trusted relationship with the DHL Group. Working together we will bring an enhanced set of supply chain solutions to meet companies’ and patients’ critical supply chain needs.
“This strategic partnership taps into the strong expertise of DHL’s Supply Chain and CRYOPDP, presenting a substantial opportunity for Cryoport to further expand its reach to global growth markets such as Asia Pacific (APAC) and Europe, Middle East and Africa (EMEA).”
More about CRYOPDP here: https://cryopdp.com/
https://couriernews.co.uk/blog/dhl-group-acquires-cryopdp-from-cryoport/