News | February 13, 2020

Pelican BioThermal Opens Toronto Network Station

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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

Pelican 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 Pelican 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 Pelican 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 Pelican BioThermal’s reusable Crēdo Cargo and Crēdo Xtreme shipping containers for reuse.

Visit www.pelicanbiothermal.com to learn more about the wide range of Pelican BioThermal products and offerings.

Pelican BioThermal is a division of Pelican Products, Inc., which is a portfolio company of Behrman Capital, a private equity investment firm based in New York and San Francisco.

About Pelican Products
Pelican Products, Inc. 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. Pelican products are designed and built to last a lifetime. The company operates in 26 countries, with 24 international sales offices and seven manufacturing facilities around the globe. In Europe, the company does business under the name Peli Products, S.LU. For more information, visit www.pelican.com or www.behrmancap.com.

About Pelican BioThermal
Pelican BioThermal LLC offers the widest range of temperature-controlled packaging and service solutions to the global life sciences industry. The company’s products ensure that delicate biological materials arrive intact and effective, despite exterior environments. Pelican BioThermal is dedicated to developing innovative products designed to fulfill the complex needs of the global life sciences industry. The company’s efforts have received recognition including the U.S. Army’s Greatest Inventions, the Made in Minnesota Manufacturing award for supply chain innovators, the Finance & Commerce Progress Minnesota award for business growth and the Twin Cities Business Manufacturing Excellence award. Pelican BioThermal’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. In Europe, the company does business under the name Peli BioThermal Limited. For more information, visit www.pelicanbiothermal.com.

Source: Pelican BioThermal