Peli BioThermal Expands Global Rental Network in Incheon, South Korea

The new drop point and network station will service Crēdo™ on Demand reusable shipping containers as South Korea positions itself as a major pharmaceutical hub

Peli BioThermal, the global name in temperature controlled packaging, announces the opening of a new network station and drop point in Incheon, South Korea—as the country eyes pharmaceutical development as a primary driver of economic growth. This network station is strategically located near the capital city of Seoul to enable the region to take advantage of the Crēdo™ on Demand rental option for temperature-controlled containers.

“South Korea is a significant player in the development of generic pharmaceuticals, and it’s already home to 40-plus multinational pharmaceutical companies,” said Dominic Hyde, Vice President of Crēdo on Demand at Peli BioThermal. “Having access to a high performance, flexible rental option for shipping temperature-sensitive pharmaceuticals can expand South Korea’s reach throughout Asia and beyond.”

GlobalData reports that South Korea’s pharmaceutical market is expected to climb to $23.3 billion by 2022. According to the Korean Ministry of Food and Drug Safety, pharmaceutical exports have experienced double digit annual growth in recent years — due to increasing shipments to Europe, Asia and North America.

The new drop point and network station joins more than 100 locations across the globe supporting Peli BioThermal’s Crēdo™ on Demand rental program. The Incheon location will service, refurbish, repair and condition Peli BioThermal’s reusable Crēdo™ Cargo and Crēdo Xtreme™ shipping containers.

Visit www.pelibiothermal.com to learn more about the wide range of Peli BioThermal products and offerings.

Peli BioThermal is a division of Peli Products, S.L.U., which is the European arm of Pelican Products, Inc., which is a portfolio company of Behrman Capital, a private equity investment firm based in New York and San Francisco.

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For further information please contact Amanda O’Hare on 01604 250900 or email amandao@rocket-creative.com

About Peli Products
Peli Products, S.L.U. is the global leader in the design and manufacture of high performance protective cases, temperature-controlled packaging solutions, advanced portable lighting systems and rugged gear for professionals and outdoor enthusiasts. Their products are used by professionals in the most demanding markets including fire safety, law enforcement, defense / military, aerospace, entertainment, industrial and in numerous outdoor markets. Peli™ products are designed and built to last a lifetime. Headquartered in Torrance, CA, Pelican Products, Inc. operates in 26 countries, with 24 international sales offices and seven manufacturing facilities across the globe. For more information, visit pelican.com or behrmancap.com.

About Peli BioThermal
Peli BioThermal Ltd. offers the widest range of temperature controlled packaging and service solutions to the global life sciences industry. The company is the recipient of two Queen’s Awards for Enterprise: International Trade in 2018 and Innovation in 2017. The company’s products ensure that delicate biological materials arrive intact and effective, despite exterior environments. Peli BioThermal is dedicated to developing innovative products designed to fulfil the complex needs of the global life sciences industry. The company’s customers benefit from its extensive expertise in ensuring that temperature stability is maintained throughout the distribution chain. The company also offers a complete portfolio of services and software to support end-to-end temperature-controlled packaging asset management. Outside of Europe, the company does business under the name Pelican BioThermal LLC. For more information, visit pelibiothermal.com.

All trademarks are registered and/or unregistered trademarks of Peli BioThermal Ltd., its parent, subsidiaries and/or affiliates.