Medical Devices

Charles River raises questions about its own supply chain

Charles River raises questions about its own supply chain

By Zachary Brennan

Minerals used to manufacture two of Charles River Laboratories’ products may be derived from questionable sources in Africa, though following a review of suppliers, the company has yet to fully understand where exactly they’re coming from, according to...

CRO market poised for 6% annual growth, Icon CFO says

CRO market poised for 6% annual growth, Icon CFO says

By Zachary Brennan

As biotech cash continues to flood the coffers of CROs (contract research organizations), large pharma R&D is still relatively flat, which means CROs will see about 6% growth annually, Brendan Brennan, CFO of Icon, told investors last week at the...

Quintiles acquisitions start to pay off in Q1

Quintiles acquisitions start to pay off in Q1

By Zachary Brennan

CRO Quintiles’ recent purchases of oncology and medical device specialist Novella and EHR service firm Encore Health Resources are starting to reap new benefits for the world’s largest CRO, the company reported in its earnings call on Wednesday.