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Healthcare M&A image Healthcare M&A » By The Online Investor Staff, updated Fri., Dec. 6, 8:37 PM Recent mergers and acquisitions in the Healthcare M&A category.

Slide #53. Charles River Laboratories CRO Services Division of Galapagos NV

Acquirer: Charles River Laboratories (NYSE:CRL)
Acquiree: CRO Services Division of Galapagos NV
Details: Charles River Laboratories International, Inc. (NYSE:CRL) announced today that it has completed the previously announced acquisition of the CRO services division of Galapagos NV (Euronext: GLPG), which includes both Argenta and BioFocus. The acquisition positions Charles River as a full service, early-stage contract research organization (CRO), with integrated in vitro and in vivo capabilities from target discovery through preclinical development.

Charles River Laboratories International is a contract research organization engaged in laboratory animal medicine and science to develop a portfolio of discovery and safety assessment services. Co. has three reportable segments: Research Models and Services, which supplies research models to the drug development industry; Discovery and Safety Assessment, which provides discovery and safety assessment services that include both in vivo and in vitro studies, supporting laboratory services, and non-clinical consulting and program management to support product development; and Manufacturing Support, which includes its microbial solutions, avian vaccine services and biologics testing solutions.

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Company Name: 
Charles River Laboratories International Inc.
Website: 
www.criver.com
Sector: 
Biotechnology
Number of ETFs Holding CRL: 
58
Total Market Value Held by ETFs: 
$1.07B
Total Market Capitalization: 
$7.10B
% of Market Cap. Held by ETFs: 
15.10%
 

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Buy (3.40 out of 4)
58th percentile
(ranked higher than approx. 58% of all stocks covered)
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