RMD News: Charles River (CRL) Banks on RMS Growth Amid Competition - 25th May 2024, 1:38am

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Charles River Laboratories’ CRL Research Models and Services (RMS) arm continues to gain from the CRADL initiative. Yet, destocking efforts are denting growth in the Manufacturing Solutions business. The stock carries a Zacks Rank #3 (Hold) currently.

Within Charles River’s RMS segment, the company is witnessing strong growth in the insourcing solutions (IS) business led by the CRADL (Charles River Accelerator and Development Labs) initiative. These days, clients are increasingly adop...

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