Welcome!

News Feed Item

CryoXtract Enters Into Distribution Agreements with Cambridge Bioscience Ltd. in the U.K. and LBD Life Sciences Ltd. in China, Bolstering Its Industry Position as a Provider of Automated Frozen Aliquotting Systems for High-Value Biosamples

CryoXtract Instruments LLC, a provider of automated frozen aliquotting systems for high-value frozen biosamples (e.g., biofluids, tissue and stool), has expanded its global distribution footprint by signing two new full-service distributors, Cambridge Bioscience Ltd. in the U.K. and LBD Life Sciences Ltd. in China.

The agreement with Cambridge Bioscience bolsters CryoXtract’s presence in Europe, the largest biorepository market in the world, with substantial growth across numerous countries including the Netherlands, Italy, Germany and the U.K. The U.K. is home to centers of international research, including the UK Biobank, which was formed in 2006 to establish a national database in support of the prevention, diagnosis and treatment of serious illnesses. In addition to representing companies that advance biological research, Cambridge Bioscience is currently helping to develop two new entrepreneurial ventures: a new human tissue banking initiative in conjunction with the National Health Service (NHS) and a new stem cell venture.

With offices in Beijing and Shanghai, LBD Life Sciences provides laboratory equipment for China’s academic research institutions, as well as leaders in the biotechnology and pharmaceutical industries. The company currently offers an array of biobanking products for storage, analysis and sample tracking that are complementary to CryoXtract’s frozen aliquotting systems. CryoXtract’s agreement with LBD Life Sciences establishes the company’s first presence in China and further solidifies its network in Asia, one of the fastest-growing life sciences markets in the world.

“At CryoXtract, our global objective is to select the best full-service distributors in each of the major, high-growth countries that actively support broad scientific development,” said John McCarthy, Chief Executive Officer of CryoXtract. “In joining our international network of partners, Cambridge Bioscience and LBD Life Sciences are helping us fulfill our mission of providing unique solutions to the scientific community that serve to improve laboratory workflows and optimize the integrity of the biospecimens being used for R&D.”

In the past year, CryoXtract has partnered with three additional industry players in support of its global commercialization plans for its CXT750 and CXT350 frozen aliquotting systems. In October last year, the Woburn, Massachusetts-based company established a global co-marketing agreement with Wheaton Industries Inc. that allows the companies to offer a single system for optimally storing, preserving and accessing valuable frozen tissue samples. Additionally, in the same month last year, CryoXtract entered into a full-service distribution agreement for the Australia and New Zealand markets with Bio-Strategy Ltd., and in January 2013 the company established a similar agreement with GC biotech B.V. to distribute its products in the Benelux countries and Germany.

CryoXtract offers two product solutions that allow the scientific community to eliminate the deleterious effects of freeze-thaw cycles on their biospecimens. The fully automated CXT750 system offers a hands-free operation, including sample tube management, sample coring, frozen aliquot dispensing and reusable coring probe cleaning. Parent samples and frozen aliquots are maintained at -80˚C throughout the process. The company’s benchtop CXT350 system utilizes LN2 to chill samples, and coring probes and destination tubes to ensure a frozen state throughout specimen processing.

CryoXtract is a subsidiary of Boston-based Allied Minds. More information can be found at www.cryoxtract.com.

About CryoXtract Instruments, LLC

CryoXtract develops and commercializes automation solutions that allow for the retrieval of multiple frozen samples from a single frozen biospecimen without exposing the source to the deleterious biological impact from freeze/thaw cycling. The company’s automation technology system improves frozen biosample processing, protects the viability of frozen biosamples after cores have been extracted, improves lab efficiencies and economics, and helps optimize scientific outcomes. CryoXtract is a subsidiary of Boston-based Allied Minds, Inc. For more information, please visit www.cryoxtract.com.

About Allied Minds Inc.

Allied Minds is a dedicated innovation and technology company that deploys capital to form, fund, manage and build products and businesses based on innovative technologies developed at leading US universities and federal research institutions. For more information, visit www.alliedminds.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.