DHL, a German company, is planning to purchase the U.S. pharmaceutical logistics company Cryopdp for a significant amount in euros to strengthen its presence in the pharmaceutical industry, according to a source. The acquisition will allow DHL to expand its services in the pharma sector. Cryopdp operates in 16 countries, providing shipping, storage, and packaging services for pharmaceutical and biotech firms. DHL has refrained from providing any comments on the acquisition.
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