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Expands access to patients, laboratories and other last-mile players
Pelican BioThermal has announced the acquisition of NanoCool, an Albuquerque, New Mexico, US-based manufacturer of temperature-controlled packaging solutions. This acquisition further increases the breadth of the Pelican BioThermal product portfolio.
The addition of NanoCool customers, market segments and product technologies will enable Pelican BioThermal to expand its access to patients, laboratories and other last-mile players in the distribution of life sciences materials and collection of patient laboratory samples.
The core competency of Pelican BioThermal and NanoCool, innovative temperature-controlled packaging, is very much aligned, but there is little overlap between their market segments and product technologies.
Adding NanoCool’s capabilities to Pelican BioThermal’s diverse product line will help fuel efforts to expand offerings and bring further innovation to growing sectors of the life sciences industry spanning the globe.
NanoCool’s innovative evaporative cooling systems are the most convenient cold chain shipping containers available. With no need to refrigerate or pre-condition, NanoCool packaging can be stored at normal temperatures. A simple push of a button, engages the cooling technology and quickly conditions a payload space for shipping biological patient samples and other life science materials. These unique characteristics, and highly efficient volumetrics, make NanoCool ideal for markets including specialty couriers, diagnostic laboratories, clinical supply providers and gene and cell therapy organisations. The Company also has a dry-ice friendly parcel shipper and a version of its cooling engine that patients can send in a shipping envelope from their homes.
Combining companies opens the door for Pelican BioThermal to establish new customer relationships and further address cold chain challenges in these burgeoning markets.