STOCK TITAN

Charles Riv Labs Intl Inc - CRL STOCK NEWS

Welcome to our dedicated page for Charles Riv Labs Intl news (Ticker: CRL), a resource for investors and traders seeking the latest updates and insights on Charles Riv Labs Intl stock.

Overview of Charles River Laboratories International, Inc. (CRL)

Charles River Laboratories International, Inc. (CRL) is a globally recognized contract research organization (CRO) that provides essential services to pharmaceutical, biotechnology, academic, and government clients. The company specializes in supporting the discovery, development, and safe manufacturing of new therapies, playing a pivotal role in the life sciences ecosystem. With a comprehensive portfolio of products and services, CRL helps its clients accelerate research timelines and optimize the drug development process, making it a critical partner in the creation of innovative treatments for patients worldwide.

Core Business Areas

Charles River Laboratories operates across several key business segments, each tailored to meet the diverse needs of its clients:

  • Discovery and Early-Stage Development: CRL provides services that span the early phases of drug discovery, including target identification, validation, and preclinical testing. These services are designed to help clients identify viable drug candidates efficiently.
  • Safety Assessment: The company offers toxicology and safety evaluation services to ensure that new therapies meet regulatory requirements and are safe for further development.
  • Research Models and Services: CRL supplies high-quality research models, including genetically engineered models, as well as associated services to support in vivo research.
  • Manufacturing Support: The company provides services such as microbial detection, biopharmaceutical testing, and cell and gene therapy manufacturing support, which are critical for ensuring the quality and safety of therapeutic products.

Market Position and Industry Context

Operating at the intersection of biotechnology, pharmaceuticals, and academic research, Charles River Laboratories serves a growing market driven by the increasing complexity and cost of drug development. The rise of precision medicine, biologics, and cell and gene therapies has further expanded the demand for specialized CRO services. CRL differentiates itself through its end-to-end service offerings, global infrastructure, and expertise in early-stage research, making it a preferred partner for organizations looking to outsource R&D activities. Its ability to integrate discovery, safety assessment, and manufacturing support under one roof provides a seamless experience for clients, reducing time-to-market for new therapies.

Competitive Landscape

Charles River Laboratories faces competition from other CROs such as Labcorp Drug Development, ICON plc, and PPD. However, its focus on early-stage research, coupled with a broad service portfolio and a strong reputation for scientific expertise, sets it apart. The company's investments in technology, innovation, and global infrastructure further strengthen its competitive position, enabling it to address the evolving needs of the life sciences industry.

Significance in the Life Sciences Ecosystem

As a trusted partner to pharmaceutical and biotechnology companies, Charles River Laboratories plays a crucial role in advancing medical innovation. By providing specialized expertise and resources, the company helps its clients navigate the complexities of drug development, ensuring that new therapies reach patients more efficiently. This makes CRL an indispensable player in the global effort to improve healthcare outcomes.

Rhea-AI Summary
CRL: Charles River Laboratories International, Inc. (NYSE: CRL) reported third-quarter revenue of $1.03 billion, with GAAP earnings per share of $1.69 and non-GAAP earnings per share of $2.72. The company updated its 2023 guidance, narrowing revenue growth to 2.5-3.5% and non-GAAP EPS estimate to $10.50-10.70.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.74%
Tags
-
Rhea-AI Summary
Charles River Laboratories introduces real-time e-commerce ordering experience for research models
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
none
-
Rhea-AI Summary
Charles River Laboratories to release Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
Rhea-AI Summary
Charles River Laboratories offers access to a collection of 400 annotated pediatric cancer models for preclinical cancer research, in line with new regulatory guidelines requiring testing for pediatric indications. This collection will help assess the safety and efficacy of new oncology treatments for children and potentially lead to new treatment options. Charles River has extensive experience in oncology research and is well-equipped to support researchers in navigating these new guidelines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
none
-
Rhea-AI Summary
Charles River Laboratories achieves 90% renewable electricity globally and aims for 100% by 2025. Company's energy recovery system recognized as a top project. Develops industry partnerships for sustainable initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
-
Rhea-AI Summary
Charles River Laboratories International, Inc. (NYSE: CRL) announced the launch of its Lentivation™ platform, reducing lentiviral vector production timelines by up to 60 percent, from 18 months to less than 7 months. The platform aims to support gene and gene-modified cell therapies with stringent quality control and optimized methods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.58%
Tags
none
Rhea-AI Summary
Charles River Laboratories opens RightSource facility in the UK to provide biologics testing services to the Stevenage advanced therapies biocluster.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
none
-
Rhea-AI Summary
Charles River Laboratories International, Inc. (NYSE: CRL) will host a virtual Meeting with Management on September 21st, featuring presentations on strategic focus, business developments, and financial targets. The webcast can be accessed through the Investor Relations section of the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
conferences
-
Rhea-AI Summary
Charles River and Related Sciences collaborate to use Logica for drug discovery against undrugged targets in the RS portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
AI
Rhea-AI Summary
Charles River Labs to present at investor conferences, providing strategic focus and business developments
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
conferences

FAQ

What is the current stock price of Charles Riv Labs Intl (CRL)?

The current stock price of Charles Riv Labs Intl (CRL) is $163.5 as of March 3, 2025.

What is the market cap of Charles Riv Labs Intl (CRL)?

The market cap of Charles Riv Labs Intl (CRL) is approximately 9.7B.

What does Charles River Laboratories International, Inc. do?

Charles River Laboratories is a contract research organization (CRO) that provides services for drug discovery, early-stage development, and manufacturing support to pharmaceutical, biotechnology, academic, and government clients.

What industries does Charles River Laboratories serve?

The company serves the pharmaceutical, biotechnology, academic, and government sectors, primarily focusing on the life sciences industry.

How does Charles River Laboratories generate revenue?

CRL generates revenue by offering a range of services, including discovery and early-stage development support, safety assessment, research models, and manufacturing support for therapeutic products.

What sets Charles River Laboratories apart from competitors?

CRL differentiates itself through its comprehensive service offerings, expertise in early-stage research, and global infrastructure, providing clients with an integrated approach to drug development.

What role does Charles River Laboratories play in drug development?

The company supports its clients by providing essential services and expertise that accelerate research timelines, ensure regulatory compliance, and optimize the development of new therapies.

Who are the competitors of Charles River Laboratories?

Key competitors include Labcorp Drug Development, ICON plc, and PPD, among others in the contract research organization (CRO) space.

What are Charles River Laboratories' core business segments?

The company's core segments include discovery and early-stage development, safety assessment, research models and services, and manufacturing support.

Why is outsourcing to CROs like Charles River Laboratories important?

Outsourcing to CROs helps pharmaceutical and biotechnology companies reduce costs, access specialized expertise, and navigate the complexities of drug development more efficiently.
Charles Riv Labs Intl Inc

NYSE:CRL

CRL Rankings

CRL Stock Data

9.72B
50.39M
1.36%
102.22%
4.22%
Diagnostics & Research
Services-commercial Physical & Biological Research
Link
United States
WILMINGTON