Peli BioThermal opens new Toronto station

By Damian Brett

Temperature controlled packaging firm Peli BioThermal has added a new network station in Toronto to service its Crēdo on Demand pharma container rental programme.

“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.”

The company pointed out that many major pharmaceutical development companies are headquartered in Canada, including Novartis, Johnson & Johnson, Gilead, Teva and Apotex.

The Canadian pharmaceutical industry is the tenth largest in the world and by 2021, pharmaceutical sales are expected to reach $25bn, 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.

Share this story

Related Topics

Latest americas news

AerSale swoops on 24 B757s as it eyes cargo conversions

By Damian Brett

Lessor and MRO firm AerSale has entered into a purchase agreement to acquire 24 Boeing 757-200 passenger aircraft that it…

Read More

Share this story

Amazon Air expands freighter operations during summer

By Damian Brett

Amazon Air expanded its daily flight schedule by 27% over the summer according to a report issued by the Chaddick…

Read More

Share this story

E-commerce demand fuels FedEx revenues as it prepares for Covid vaccine

By Damian Brett

FedEx saw its revenues and profits improve in its fiscal first quarter as a surge in e-commerce demand propelled performance….

Read More

Share this story