IQVIA Holdings Inc. announced it has entered into an agreement to acquire certain discovery services assets from Charles River Laboratories. The acquisition includes five sites specializing in in vitro drug discovery services, supported by over 20 years of scientific data, creating an industry-leading integrated drug discovery platform.
Charles River Laboratories reported 2025 full-year revenue of $4.02 billion, down 0.9% from 2024, with non-GAAP earnings per share of $10.28. The company faced headwinds in its Discovery and Safety Assessment and Manufacturing segments, though Q4 bookings showed substantial improvement, signaling stabilization in the biopharmaceutical market. CEO James C. Foster stated the company is “cautiously optimistic” about 2026, expecting organic revenue growth in the second half of the year. For 2026, management projects non-GAAP EPS of $10.70-$11.20, representing 4-9% growth, driven by cost savings from restructuring initiatives and a lower tax rate. Strategic acquisitions and operational efficiency improvements remain core to the company’s growth strategy.
