BioLife Solutions develops and manufactures biopreservation media for cells and tissues, as well as provides contract research and development, biopreservation protocol consulting and custom formulation, fill and finish services. The Company’s biopreservation products, including HypoThermosol, CryoStor, and BloodStor, are serum-free and protein-free, and significantly improve biopreservation efficacy when compared to traditional, culture media-based formulas. The Company has an agreement with SAVSU Technologies to exclusively market and distribute SAVSU’s thermal packaging products to the stem cell and regenerative medicine markets. BioLife products are embedded in the regenerative medicine and drug discovery areas through sales to many industry partners. Company products are currently being utilized in over 85 clinical trials in diseases ranging from multiple sclerosis to stroke and ulcerative colitis, demonstrating the range of possible clinical applications.