Charles River Laboratories Opens Contract Vivarium Space in Chicago, Enhancing Access to AAALAC-Accredited, Turnkey Research Program

Rhea-AI Summary

Charles River Laboratories (NYSE: CRL) has launched its first Charles River Accelerator and Development Lab (CRADL) in Chicago, enhancing contract vivarium space for the biopharmaceutical sector in Illinois. Located in Fulton Market, this facility supports both emerging and established companies by providing on-demand laboratory space, fostering rapid project initiation. The CRADL-Explora Vivarium Network now encompasses 28 facilities across key locations, providing over 380,000 square feet of rental capacity, supporting the growth of the biotech ecosystem.

Positive

• Opening of first CRADL in Chicago enhances contract vivarium space.
• Supports rapid project initiation for biopharmaceutical companies.
• Expands CRADL-Explora Vivarium Network to 28 facilities and 380,000 square feet.
• Strengthens the biotech ecosystem in Chicago's Fulton Market.

Negative

• None.

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) recently opened the first Charles River Accelerator and Development Lab (CRADL®) location in Chicago, expanding contract vivarium space for the biopharmaceutical industry in Illinois.

CRADL Chicago is located in Fulton Labs, in the heart of Chicago’s Fulton Market, which is quickly emerging as a hub of the local life sciences community. Fulton Labs also includes premier wet and dry laboratory and office space, offered by Portal Innovations. By offering on-demand facilities, both emerging and established biopharmaceutical companies and research institutions are able to quickly start new projects, accelerating the early stage of research. This allows scientists to focus on research, while leaving the animal husbandry and daily vivarium management to a trusted partner.

The Combined Expertise and Reach of Explora BioLabs and CRADL

With the acquisition of Explora BioLabs in April 2022, the CRADL-Explora Vivarium Network was established as a premier partner for clients to launch or expand their drug research programs, with the added benefit of access to Charles River’s complete portfolio of integrated drug discovery and non-clinical development resources. The CRADL-Explora Vivarium Network operates 28 vivarium facilities, providing over 380,000 square feet of turnkey rental capacity in key biohubs, including Massachusetts, California, Washington, Shanghai, London, and now Illinois. This network supports the growth of the entire biotech ecosystem in each city, allowing researchers to rapidly engage in their research while maintaining the flexibility to relocate or co-locate, knowing they will have reliable, high-quality facilities nearby.

Approved Quotes

• “Chicago is emerging as a key biohub in the United States, with a growing life sciences community. By providing contract vivarium services, we’re able to support clients in starting projects quickly, without the burden of building infrastructure, which can be costly and time consuming.” –Colin Dunn, Ph.D., Corporate Senior Vice President, Global Research Models & Services, Charles River
• "Charles River has the largest network of contract vivarium facilities globally, and we're thrilled to have one at our Fulton Market location. Their depth of experience provides an incredible opportunity for the life sciences community in Chicago and other biotech communities. We're glad to have established a relationship with a world-class organization like Charles River, and we look forward to working together in the future.” —John Flavin, Founder and CEO, Portal Innovations

About Charles River

Charles River provides essential products and services to help pharmaceutical and biotechnology companies, government agencies and leading academic institutions around the globe accelerate their research and drug development efforts. Our dedicated employees are focused on providing clients with exactly what they need to improve and expedite the discovery, early-stage development and safe manufacture of new therapies for the patients who need them. To learn more about our unique portfolio and breadth of services, visit www.criver.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221128005019/en/

Investor:

Todd Spencer

Corporate Vice President, Investor Relations

781.222.6455

todd.spencer@crl.com

Media:

Amy Cianciaruso

Corporate Vice President, Chief Communications Officer

781.222.6168

amy.cianciaruso@crl.com

Source: Charles River Laboratories International, Inc.

FAQ

What did Charles River Laboratories announce regarding CRADL in Chicago?

Charles River Laboratories announced the opening of its first Charles River Accelerator and Development Lab (CRADL) in Chicago, expanding contract vivarium space for the biopharmaceutical industry.

How does the CRADL in Chicago benefit biopharmaceutical companies?

The CRADL in Chicago allows biopharmaceutical companies to quickly start new projects without the burden of building infrastructure, providing on-demand laboratory facilities.

What is the significance of the CRADL-Explora Vivarium Network?

The CRADL-Explora Vivarium Network, now with 28 facilities, provides extensive rental capacity, supporting rapid research engagement across major biotech hubs.

How large is the CRADL-Explora Vivarium Network?

The CRADL-Explora Vivarium Network operates with over 380,000 square feet of turnkey rental capacity.

Where is the new CRADL facility located in Chicago?

The new CRADL facility is located in Fulton Market, a developing hub for the life sciences community.