Charles River LaboratoriesLaunched rapid cell banking programs with 40% faster production and NGS characterization, a product/R&D development.

Charles River Laboratories announced the launch of rapid cell banking programs designed to accelerate release timelines, sending its shares up 3.6% in the afternoon session. According to a company press release, the newly launched programs offer a 40% reduction in cell bank production time compared to the 20-week industry standard. Under the comprehensive solution, rapid cell bank and release packages are paired with Next-Generation Sequencing characterization. Charles River Laboratories stated that this solution is designed to improve product quality, safety, and regulatory readiness while reducing overall development timelines. The shares closed the day at $281.70, up 3% from the previous close.
Charles River LaboratoriesLaunched rapid cell banking programs with 40% faster production and NGS characterization, a product/R&D development.