STOCK TITAN

UNICEF Selects Ultra-Low Temperature (ULT) Freezers from BioLife Solutions to Extend Thermal Stability of COVID-19 Vaccines

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
covid-19
Rhea-AI Summary

BioLife Solutions (NASDAQ: BLFS) announced a partnership with UNICEF to enhance the storage of temperature-sensitive COVID-19 vaccines in regions with limited power infrastructure in Africa, the Middle East, and South America. The partnership involves using Stirling's SU780XLE and UL25NEU freezers, which operate effectively under extreme conditions and can be transported via air freight. This initiative aims to improve healthcare access in remote communities.

Positive
  • Partnership with UNICEF enhances vaccine storage capabilities in underserved regions.
  • Use of advanced Stirling freezers that operate efficiently under extreme conditions and do not require HVAC access.
Negative
  • None.

BOTHELL, Wash., Dec. 16, 2021 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS), a leading supplier of class-defining bioproduction tools and services for the cell and gene therapies ("CGT") and broader biopharma markets, today announced a partnership with UNICEF to extend thermal stability of temperature-sensitive COVID-19 vaccines in developing communities in Africa, the Middle East and South America where limited power infrastructure and extreme environmental conditions make it difficult for most ULT freezers to remain operational. As part of this program, UNICEF has approved Stirling's upright SU780XLE freezers and first-of-its-kind, portable UL25NEU freezer models for country specific selection.

Remote communities where electric utilities infrastructures are underdeveloped will continue to struggle to effectively store vaccines. The stringent temperature requirements of leading COVID-19 vaccines further constrain the ability for distribution and healthcare workers struggle to safely store vaccines. Stirling Ultracold freezers operate between -20°C to -86°C while withstanding very warm ambient conditions and without the need for HVAC access. The freezers are also shippable via air freight, shortening the time it takes to deliver the freezers to these isolated locations. Stirling portable freezers operate on flexible power including typical land supplies and optional DC power and can move easily from one location to the next, making them optimal to support vaccine distribution and storage in remote and developing geographies where COVID-19 continues to spread.

Mike Rice, BioLife's Chairman and CEO commented, "We are committed to doing all we can to improve distribution and storage of temperature-sensitive vaccines and other medicines in underdeveloped countries. UNICEF's unparalleled access to hard-to-reach communities around the world makes them an ideal partner to accomplish this goal."

About BioLife Solutions
BioLife Solutions is a leading supplier of class-defining bioproduction tools and services for the cell and gene therapy and broader biopharma markets. Our tools portfolio includes our proprietary CryoStor® and HypoThermosol® biopreservation media for shipping and storage, the ThawSTAR® family of automated, water-free thawing products, evo® cold chain management system,  high capacity cryogenic storage freezersStirling Ultracold mechanical freezers, SciSafe biologic storage services, and Sexton Biotechnologies cell processing tools.  For more information, please visit www.biolifesolutions.com, www.scisafe.com, www.stirlingultracold.com, or www.sextonbio.com and follow BioLife on Twitter.

About UNICEF
The United Nations Children's Fund (UNICEF) works in more than 190 countries and territories to put children first. UNICEF has helped save more children's lives than any other humanitarian organization, by providing health care and immunizations, clean water and sanitation, nutrition, education, emergency relief and more. UNICEF does not endorse any company, brand, product or service.

Media & Investor Relations

At the Company
Troy Wichterman
Chief Financial Officer
(425) 402-1400
twichterman@biolifesolutions.com 

Investors
LHA Investor Relations
Jody Cain 
(310) 691-7100 
jcain@lhai.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/unicef-selects-ultra-low-temperature-ult-freezers-from-biolife-solutions-to-extend-thermal-stability-of-covid-19-vaccines-301446062.html

SOURCE BioLife Solutions, Inc.

FAQ

What is the significance of BioLife Solutions' partnership with UNICEF?

The partnership aims to improve the storage and distribution of COVID-19 vaccines in underserved regions, utilizing advanced freezer technology.

Which freezers have been selected by UNICEF from BioLife Solutions?

UNICEF has approved Stirling's SU780XLE and portable UL25NEU freezers for use in remote locations.

How do Stirling freezers support vaccine storage in challenging environments?

Stirling freezers operate between -20°C to -86°C, enabling them to withstand high ambient temperatures without requiring HVAC access.

What regions will benefit from the BioLife Solutions and UNICEF partnership?

The partnership targets developing areas in Africa, the Middle East, and South America where power infrastructure is limited.

What challenges do remote communities face in vaccine storage?

Remote communities often struggle with inadequate electric utilities and extreme temperatures, complicating vaccine storage and distribution.

BioLife Solutions Inc.

NASDAQ:BLFS

BLFS Rankings

BLFS Latest News

BLFS Stock Data

1.10B
46.14M
2.01%
101.14%
7.76%
Medical Instruments & Supplies
Electromedical & Electrotherapeutic Apparatus
Link
United States of America
BOTHELL