pharmaasiaDecember 08, 2017
Tag: BioLife Solutions
BioLife Solutions, Inc. (BioLife), a leading developer, manufacturer and marketer of proprietary clinical grade cell and tissue hypothermic storage and cryopreservation freeze media, has announced that it has executed a new confidential agreement to supply its proprietary CryoStor® cell freeze media to a leading T cell therapy customer. To date, BioLife has executed long-term supply agreements with Adaptimmune, Bellicum Pharmaceuticals, Celyad, Kite Pharma, TissueGene, TxCell and two other unnamed customers.
Management is reiterating the following estimates regarding product adoption in the regenerative medicine market segment:
Mike Rice, BioLife President & CEO, commented, "Execution of these supply agreements continues to demonstrate the critical role our proprietary biopreservation media products play in our customers’ manufacturing, storage, and distribution processes. CryoStor and HypoThermosol provide competitive cell manufacturing advantages that can reduce needle-to-needle time, extend shelf life, and improve the health and function of various types of T cells targeting blood cancers, solid tumors, and immune disorders."
The Alliance for Regenerative Medicine recently published its Q3 2017 Data Report, citing the following:
BioLife Solutions is a leading developer, manufacturer and supplier of proprietary clinical grade cell and tissue hypothermic storage and cryopreservation freeze media for cells and tissues. Our proprietary HypoThermosol® and CryoStor® platform of solutions are highly valued in the regenerative medicine, biobanking and drug discovery markets. Its biopreservation media products are serum-free and protein-free, fully defined, and are formulated to reduce preservation-induced cell damage and death; offering commercial companies and clinical researchers significant improvement in shelf life and post-preservation viability and function.
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