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Charles River Lbrtrs ntrntl Inc (N:CRL)

Business Focus: Biotechnology & Medical Research

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 251 Ballardvale St
WILMINGTON MA 01887
Tel: N/A
Website: https://www.criver.com
IR: See website
Key People
James C. Foster
Chairman of the Board, President, Chief Executive Officer
Flavia H. Pease
Chief Financial Officer, Corporate Executive Vice President
Birgit Girshick
Chief Operating Officer, Corporate Executive Vice President
Victoria L. Creamer
Corporate Executive Vice President and Chief People Officer
William D. Barbo
Executive Vice President, Strategic Advisor
Joseph W. LaPlume
Corporate Executive Vice President - Corporate Development and Strategy
Shannon M. Parisotto
Corporate Executive Vice President - Discovery and Safety Assessment Management
Kristen Eisenhauer
Senior Vice President, Chief Commercial Officer
 
Business Overview
Charles River Laboratories International, Inc. provides essential products and services to help pharmaceutical and biotechnology companies, government agencies and academic institutions around the globe accelerate their research and drug development efforts. The Company's Research Models and Services segment is comprised of three businesses that provide foundational tools that enables its clients to discover new molecules: Research Models, Research Model Services, and Cell Solutions. Its Discovery and Safety Assessment segment provides regulated and non-regulated DSA services to support the research, development, and regulatory-required safety testing of potential new drugs, including therapeutic discovery and optimization plus in vitro and in vivo studies, laboratory support services, and strategic non-clinical consulting and program management to support product development. Its Manufacturing Solutions segment includes Microbial Solutions and Biologics Solutions.
Financial Overview
For the three months ended 30 March 2024, Charles River Lbrtrs ntrntl Inc revenues decreased 2% to $1.01B. Net income decreased 35% to $67.3M. Revenues reflect Discovery And Safety Assessment segment decrease of 9% to $605.5M, United States segment decrease of 7% to $562.3M, Canada segment decrease of less than 1% to $110.4M. Net income also reflects Discovery And Safety Assessment segment income decrease of 33% to $114.8M.