The Wall Street Journal highlighted Lineage’s IPO as the year’s hottest, raising $4.4 billion for the leading cold chain logistics company, crucial for the food and pharmaceutical sectors. Cold chain logistics are fragile, with risks from mechanical failures and temperature fluctuations, emphasizing the need for innovation, especially during the COVID-19 pandemic. Technologies like AI-driven control towers and smart packaging are transforming the industry, ensuring safe transport of temperature-sensitive medications. The pharmaceutical cold chain market is projected to grow significantly, driven by the demand for reliable logistics to maintain drug efficacy.

Source: https://www.scmr.com/article/the-cold-chain-in-pharma-chilling-precision-with-booming-growth