News | February 13, 2020

Peli BioThermal Opens Toronto Network Station

Cargoes in service center[2]

Formerly a drop point for rental customers, the Crēdo™ on Demand network station will service cold chain shipping rentals for the growing Canadian pharmaceutical industry

Peli BioThermal, the global name in temperature-controlled packaging, announces the opening of a network station in Toronto to service its Crēdo™ on Demand rental program.

“Canada has become one of the leaders in clinical trials in recent years and Toronto is one of its top logistics hubs,” said Dominic Hyde, Vice President of Crēdo on Demand at Peli BioThermal. “By opening a network station, Canadian clinical trial and life sciences companies now have access to a high performance, flexible rental option for temperature-controlled containers in close proximity to where they develop and innovate.”

Many major pharmaceutical development companies are headquartered in Canada including Novartis, Johnson & Johnson, Gilead, Teva and Apotex. The Canadian pharmaceutical industry is the 10th largest market in the world and by 2021, pharmaceutical sales are expected to reach $25B, according to industry analyst GlobalData PLC.

The Toronto network station joins Peli BioThermal’s growing system of more than 100 network stations and drop points around the world. More than a drop point for Crēdo™ On Demand rental customers, network stations service, refurbish, repair and condition Peli BioThermal’s reusable Crēdo™ Cargo and Crēdo™ Xtreme shipping containers for reuse.

Peli BioThermal is a division of Peli Products, S.L.U., which is the European arm of Pelican Products, Inc., a portfolio company of Behrman Capital, a private equity investment firm based in New York and San Francisco.

About Peli Products
Peli Products, S.L.U. is the global leader in the design and manufacture of high performance protective cases, temperature-controlled packaging solutions, advanced portable lighting systems and rugged gear for professionals and outdoor enthusiasts. Their products are used by professionals in the most demanding markets including fire safety, law enforcement, defense / military, aerospace, entertainment, industrial and in numerous outdoor markets. Peli™ products are designed and built to last a lifetime. Headquartered in Torrance, CA, Pelican Products, Inc. operates in 26 countries, with 24 international sales offices and seven manufacturing facilities across the globe. For more information, visit pelican.com or behrmancap.com.

About Peli BioThermal
Peli BioThermal Ltd. offers the widest range of temperature controlled packaging and service solutions to the global life sciences industry. The company is the recipient of two Queen’s Awards for Enterprise: International Trade in 2018 and Innovation in 2017. The company’s products ensure that delicate biological materials arrive intact and effective, despite exterior environments. Peli BioThermal is dedicated to developing innovative products designed to fulfil the complex needs of the global life sciences industry. The company’s customers benefit from its extensive expertise in ensuring that temperature stability is maintained throughout the distribution chain. The company also offers a complete portfolio of services and software to support end-to-end temperature-controlled packaging asset management. Outside of Europe, the company does business under the name Pelican BioThermal LLC. For more information, visit pelibiothermal.com.

All trademarks are registered and/or unregistered trademarks of Peli BioThermal Ltd., its parent, subsidiaries and/or affiliates.

Source: Pelican BioThermal