Cryosite Limited Cryosite Limited (ASX: CTE) provides outsourced clinical trials logistic services and biological storage solutions in Australia. The company operates through two primary segments: Clinical Trials and Biological Services Logistics, which offers specialist temperature-controlled storage including ambient, cold, frozen, ultra-frozen, and liquid nitrogen options; sourcing, labelling, status management, secondary packaging, scheduled drug distribution, destruction, returns, and depot services for biological and cell gene therapies; and Cord Blood and Tissues Storage, which delivers long-term storage for cord blood and tissue samples. Cryosite Limited serves the research, medical, pharmaceutical, and biotechnology industries, managing the full clinical trial supply chain from importation and receipt of temperature-sensitive products to distribution and reverse logistics.
Established in 2000 and headquartered at 13a Ferndell Street, South Granville, New South Wales, the company maintains operations focused on the Australian market with facilities equipped for 24-hour temperature monitoring and compliance with Therapeutic Goods Administration standards.
In October 2025, Cryosite Limited entered a binding contract to acquire a strategic freehold warehouse facility at 100 Adderley Street West, Auburn, NSW, for $9.50 million, adding over 100% usable warehousing capacity to address growing client demand for investigational therapies and biologicals storage; the transaction, funded by cash reserves and a new debt facility from a Big Four Australian bank, supports expansion into medical device storage, pallet storage, and potential short-term leasing while enhancing operational resilience and business continuity through dual-site compliance.