American biotechnology and pharmaceutical corporation
Charles River Laboratories International, Inc.
Company type
Public
Traded as
NYSE: CRL
S&P 500 component
Industry
Pharmaceuticals
Biotechnology
Gene Therapy
Cell Therapy
Medical devices
Founded
1947; 77 years ago (1947)
Headquarters
Wilmington, Massachusetts, U.S.
Key people
James C. Foster (CEO)
Revenue
US$4.13 billion (2023)
Operating income
US$617 million (2023)
Net income
US$474 million (2023)
Total assets
US$8.19 billion (2023)
Total equity
US$3.60 billion (2023)
Number of employees
approx. 21,800 (December 2023)
Website
criver.com
Footnotes / references [1]
Charles River Laboratories International, Inc., is an American pharmaceutical company specializing in a variety of preclinical and clinical laboratory, gene therapy and cell therapy services for the pharmaceutical, medical device and biotechnology industries.[2] It also supplies assorted biomedical products, outsourcing services, and animals for research and development in the pharmaceutical industry (for example, contract research organization services) and offers support in the fields of basic research, drug discovery, safety and efficacy, clinical support, and manufacturing.
According to the company, it supported the development of approximately 85% of novel FDA-approved drugs in 2021.[3]
Its customers include leading pharmaceutical, biotechnology, agrochemical, government, and academic organization around the globe.[4] The company has over 90 facilities, operates in 20 countries, and employs approximately 18,400 people worldwide.
Charles River Laboratories is often criticized by animal rights activists who condemn the company's usage of dogs and non-human primates for pharmaceutical purposes.[5][6][7] The company is also a major harvester of horseshoe crab blood.[8]
^"Charles River Laboratories International, Inc. Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. February 14, 2024.
^Christensen, Carl Roland. Business Policy: Text and Cases. R.D. Irwin, 1982, p. 54.
^"About Us". Charles River Laboratories. Retrieved June 10, 2023.
^"Charles River At A Glance" Archived January 22, 2010, at the Wayback Machine, Charles River Laboratories.
^"Fears of poor conditions for Mass. research dogs". CBS News. Massachusetts. February 17, 2014. Retrieved August 28, 2022.
^Edwards, Lauren (March 27, 2019). "Former worker of animal-testing facility gives insight into lab practices". Fox News. Michigan. Retrieved August 28, 2022.
^Briggs, Billy (February 23, 2020). "Whistleblower accuses multinational research firm of catalogue of safety breaches after animals are killed in compressor horror". The Sunday Post. England. Retrieved August 28, 2022.
^Eisner, Chiara (June 10, 2023). "Coastal biomedical labs are bleeding more horseshoe crabs with little accountability". NPR. Retrieved June 10, 2023.
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