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Charles Riv Labs Intl Inc - CRL STOCK NEWS

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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.

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NGS assay demonstrates greater capability in detecting viral contaminants compared to in vivo tests
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Charles River Laboratories collaborates with Fondazione Telethon to produce HQ plasmid DNA for lentivirus production in ex vivo gene therapy.
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CRL - Charles River Laboratories International, Inc. reports second-quarter revenue of $1.06 billion, with GAAP earnings per share of $1.89 and non-GAAP earnings per share of $2.69. The company updates its 2023 guidance, narrowing its revenue growth and non-GAAP earnings per share outlooks.
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Charles River Laboratories International, Inc. is expanding its contract vivarium space for the biopharmaceutical industry with the planned openings of Charles River Accelerator and Development Lab (CRADL) locations in Seattle and Philadelphia. The CRADL facilities will provide flexible vivarium space and on-demand in vivo study support services to meet the growing demand in these cities. The CRADL Vivarium Network now operates 32 vivaria in key biohubs worldwide.
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Charles River Laboratories International, Inc. (NYSE: CRL) will release second-quarter 2023 financial results on August 9th. A conference call has been scheduled for investors to discuss this information.
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Charles River Laboratories International, Inc. and the INADcure Foundation have announced a plasmid DNA manufacturing alliance to support Phase I/II clinical trials for Infantile Neuroaxonal Dystrophy (INAD). INAD is a rare neurodegenerative disease with no known treatment or cure, affecting over 150 children worldwide. Charles River will utilize its expertise in High Quality (HQ) plasmid DNA production to manufacture the leading candidate for clinical trials. The collaboration aims to accelerate research and drive drug discovery for this rare disease.
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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