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GE Healthcare acquires Asymptote

Press releases may be edited for formatting or style | April 11, 2017 Business Affairs

Asymptote’s VIA Freeze(TM) range delivers liquid nitrogen-free cryopreservation and, soon-to-be released, VIA Thaw(TM) series that thaws deeply frozen cells by a dry conduction (water-free) process. The company’s my.Cryochain software platform synchronizes with the VIA Freeze and VIA Thaw products to standardize freezing and thawing programs across multiple sites, thereby giving improved visibility of remote processes. This web-based platform supports cell therapy companies to scale their cryopreservation and thawing processes with ease.

During the past year, GE has announced significant investments in the field of cell therapy and regenerative medicine, including the acquisition of Biosafe SA, a supplier of integrated cell bioprocessing systems, Vitruvian Networks, a GE Ventures and Mayo Clinic collaboration, providing cloud-based software systems and manufacturing services for cell and gene therapies and BridGE@CCRM Cell Therapy Centre of Excellence, a US $31.5 million co-investment with the Canadian Government to promote new technologies for the production of cellular therapies in Toronto.

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(1) Alliance for Regenerative Medicine – 2016 Annual Data Report https://alliancerm.org/page/arm-2016-annual-report

About Asymptote
Asymptote combines exceptional research into the science of cell freezing with engineering expertise to create pioneering cryochain technology for advanced medicines. Our portfolio of innovative products preserve cell viability during cryogenic processing of cellular therapies – their freezing, shipping and thawing – to support our customers’ work to improve healthcare throughout the world. For further information visit www.asymptote.co.uk

About GE Healthcare
GE Healthcare provides transformational medical technologies and services to meet the demand for increased access, enhanced quality and more affordable healthcare around the world. GE (NYSE: GE) works on things that matter - great people and technologies taking on tough challenges. From medical imaging, software & IT, patient monitoring and diagnostics to drug discovery, biopharmaceutical manufacturing technologies and performance improvement solutions, GE Healthcare helps medical professionals deliver great healthcare to their patients. For more information about GE Healthcare, visit our website at www.gehealthcare.com.


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