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Early Discovery acquisitions contribute to growth
April 30, 2015
By: Kristin Brooks
Managing Editor, Contract Pharma
Charles River Laboratories 1Q Revenues: $320.4 million (+7%) 1Q Earnings: $31.6 million (-3%) Comments: Research Models and Services (RMS) revenue was $120.0 million, down 9%, primarily due to the Genetically Engineered Models and Services (GEMS) business and lower sales of research models in Europe. Discovery and Safety Assessment (DSA) revenue was $140.0 million, driven primarily by the Early Discovery acquisitions, which contributed 23% to DSA revenue growth. Revenue for the Manufacturing ...
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