US-based FedEx Express, a subsidiary of FedEx Corp and the largest express transportation company, has launched an industry-leading temperature-controlled cold-chain shipping solution now available in parts of Asia Pacific.
The innovative Medpak VI°C solution provides superior temperature integrity, greater convenience and higher cost efficiencies to healthcare customers shipping temperature-sensitive shipments, the company said in a Monday press release.
The packaging provides 96-hour temperature stability in case of unforeseen contingencies, a critical aspect for temperature-sensitive pharmaceutical shipments.
This solution is available to customers on a one-way rental basis.
In Asia Pacific, Medpak VI°C is available to customers in Japan, Korea and Singapore.
Total healthcare spending is expected to surge to US$2.27 trillion (Bt72.19 trillion) by 2026 and this has driven up the demand for healthcare logistics.
One of the key challenges faced by healthcare customers is the delivery of temperature-sensitive shipments. Every year the global pharmaceutical industry suffers a loss of more than $15 billion worth of products due to temperature variations during transit.