Pharmaceutical Business review

Charter earns CE approval for cryogenic stem cell storage containers

The European approval enables Charter Medical to begin marketing and selling the newly designed and expanded product offering for cryogenic storage, preservation, and transfer of HPCs in Europe.

The storage containers which are said to be durable offer a size range from 50 mL to 750 mL when frozen at ultralow (-196*C) temperatures.

Lydall CEO Dale Barnhart said the launch of the product into Europe represents a strategic growth opportunity for the Cell-Freeze product line.

"It demonstrates our commitment to increase our presence globally in the biotech and cellular therapy markets," Barnhart added.