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Doubling Supplier’s Capacity, ThermoGenesis, (NASDAQ: KOOL)

KOOL completed the scale up of manufacturing for AXP AutoXpress™ (NYSE:AXP) disposable bag sets at 2nd source supplier, ATEK Medical.  The AXP is a proprietary system used for the processing of stem cells from cord blood.

  • ATEK has easily doubled suppliers’ capacity to produce bag sets, which is essential for its fiscal 2011 growth strategy,
  • KOOL have also added several new AXP distributors who are complementing the strong relationship with GE Healthcare and addressing new markets in Asia and Europe,
  • ATEK should facilitate their ability to meet a continuing increase in demand for the product.