FRANKLIN, Mass., June 14, 2022 — Cold Chain Technologies, LLC (“CCT” or “Company”), a leading global provider of thermal packaging solutions for the transportation of temperature-sensitive products for the life sciences industry, announced today regional fulfillment capabilities in support of specialty pharmacies in the Orlando, Florida, and Miami, Florida, regions. CCT can now provide frequent, on-demand deliveries of Cold Chain Shippers for pharmacies seeking to reduce storage and inventory in those regions.
The fulfillment capabilities will bring operational flexibility to our specialty pharmacies and their customer’s growing needs while reducing inventory costs and warehouse footprint. Finding cost-effective, readily available shipping solutions for temperature-controlled medications has been challenging for specialty pharmacies. The market for these medications is growing rapidly; approximately 75 percent of the prescription drugs in development are classified as specialty medications.
This year, it is estimated that 600 specialty medications will receive approval, and continual improvements in distribution and digital offerings are necessary to meet patients’ demands for immediate doorstep service.
“Having a fulfillment center in Florida allows us to significantly improve deliveries of critical medications and biologics for patients in these major metro areas by supporting the specialty and mail-order pharmacies. Our goal is to improve access and delivery of specialty therapies by offering frequent deliveries locally, resulting in freight and storage savings,” said Ranjeet Banerjee, CEO of Cold Chain Technologies. “This market will continue to grow, and we will meet the immediate needs of the pharmacies and patients with our on-demand service. We are starting this service in the Florida region and plan to expand to other regions of the US in the coming months.”
CCT’s Pharmacy Solutions offered in the Florida area include:
- Opportunity to receive frequent deliveries and minimize storage; 48-hour turn-around
- Simple, seasonal pack-outs created specifically for Specialty and Mail Order Pharmacies
- Various sizes – Small, Medium, Large, and Extra-Large
- Triple qualified solutions: 2-8°C, 15-25°C, and -20°C for 36 plus hours, against ISTA 7E
- Compliance documentation for regulatory and accreditation audits
- Performance Qualification field study kit available
- Training and education videos provided