Cryoport to acquire CRYOPDP, expand presence in regions

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Majmudar & Partners was Indian legal counsel to Cryoport, a NYSE-listed provider of supply chain services for the life sciences industry, when it agreed to acquire CRYOPDP, a Paris-headquartered logistic services provider to the clinical research, pharmaceutical, and cell and gene therapy markets.

McDermott Will & Emery was international legal counsel to Cryoport, while Hogan Lovells, and PwC India and its affiliates, advised CRYOPDP.

The all-cash transaction valued at about US$58 million was signed on 21 August and is expected to close within 60 days.

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