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Charles River Labs (CRL) PT Raised to $301 at Credit Suisse

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Charles River Laboratories Announces Fourth-Quarter and Full-Year 2020 Results and Provides 2021 Guidance

February 17, 2021 7:08 AM EST

Fourth-Quarter Revenue of $791.0 Million and Full-Year Revenue of $2.92 Billion

Fourth-Quarter GAAP Earnings per Share of $2.81 and Non-GAAP Earnings per Share of $2.39

Full-Year GAAP Earnings per Share of $7.20 and Non-GAAP Earnings per Share of $8.13

Provides 2021 Guidance

Announces Definitive Agreement to Acquire Cognate BioServices, A Premier, Cell and Gene Therapy CDMO

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) today reported its results for the fourth-quarter and full-year 2020 and provided guidance for 2021. For the quarter, revenue was $791.0... More

Charles River Laboratories to Acquire Cognate BioServices to Create a Premier Scientific Partner for Cell and Gene Therapy Development

February 17, 2021 7:06 AM EST

Significantly Expands Charles Rivers Scientific Capabilities in the High-Growth Cell and Gene Therapy Sector

Combines Cognates Comprehensive Cell and Gene Therapy CDMO Capabilities to Establish an Integrated Solution from Discovery through CGMP Manufacturing

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) announced today that it has signed a definitive agreement to acquire Cognate BioServices, Inc., a premier, cell and gene therapy contract development and manufacturing organization (CDMO), for approximately $875 million in cash, subject to customary closing adjustments. The... More