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- BiotechnologyIndustry
Fortrea (FTRE)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 36
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Fortrea has signed a definitive agreement to acquire the Early Phase Services division from Worldwide Clinical Trials for approximately $45 million. The acquisition includes bioanalytical laboratories in Austin, a 200-bed clinical pharmacology unit in San Antonio, and biospecimen storage facilities in Pflugerville, Texas. This deal strengthens Fortrea's early-stage clinical development platform and integrated capabilities, while allowing Worldwide to focus on its faster-growing late-stage business across oncology, neuroscience, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
フォートリア、ワールドワイド・クリニカル・トライアルズから臨床薬理部門およびバイオアナリシスラボ事業を買収
Fortrea has entered into a definitive agreement to acquire the Early Phase Services division of Worldwide Clinical Trials for approximately $45 million in an all-cash transaction. The acquisition includes a GLP-compliant bioanalytical lab in Austin, a 200-bed GCP-compliant clinical pharmacology unit in San Antonio, and a biorepository facility in Pflugerville, Texas. This strategic move strengthens Fortrea's end-to-end clinical development platform from Phase I through Phase IV trials, while allowing Worldwide to focus on its rapidly growing late-stage business in oncology, neuroscience, internal medicine, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea, Worldwide Clinical Trials의 임상약리 유닛·생물분석 연구소 사업 인수
Fortrea has entered into a definitive agreement to acquire the Early Phase Services division of Worldwide Clinical Trials for approximately $45 million in an all-cash transaction. The acquisition includes a GLP-compliant bioanalytical laboratory in Austin, a 200-bed GCP-compliant clinical pharmacology unit in San Antonio, and biospecimen storage facilities in Pflugerville, Texas. This strategic move strengthens Fortrea's end-to-end clinical development platform from Phase 1 through Phase 4 trials and post-approval evidence generation, while allowing Worldwide to focus on its faster-growing late-stage clinical business in oncology, neuroscience, internal medicine, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea has signed a definitive agreement to acquire Worldwide Clinical Trials' Early Phase Services division for approximately $45 million in cash. The acquisition includes a GLP-compliant bioanalytical laboratory in Austin, a 200-bed clinical pharmacology unit in San Antonio, and a biological sample storage facility in Pflugerville, Texas. This strategic move strengthens Fortrea's end-to-end clinical development platform and early-stage capabilities, while allowing Worldwide to focus on its rapidly growing late-stage development business in oncology, neuroscience, internal medicine, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea has agreed to acquire the Early Phase Services division of Worldwide Clinical Trials for approximately $45 million in an all-cash transaction. The acquisition includes a GLP-compliant bioanalytical laboratory in Austin, a 200-bed clinical pharmacology unit in San Antonio, and a biological sample storage facility in Pflugerville, Texas. This strengthens Fortrea's end-to-end clinical development platform with integrated bioanalytical capabilities for both large and small molecules, while allowing Worldwide to focus on its growing advanced-stage development activities in oncology, neurosciences, internal medicine, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea 將收購 Worldwide Clinical Trials 的臨床藥理學部門及生物分析實驗室業務
Fortrea has entered into a definitive agreement to acquire the Early Phase Services division of Worldwide Clinical Trials for approximately $45 million in an all-cash transaction. The acquisition includes a GLP bioanalytical lab in Austin, a 200-bed clinical pharmacology unit in San Antonio, and a biosampling facility in Frugerville, Texas. The deal strengthens Fortrea's end-to-end clinical development platform and early-stage capabilities, while allowing Worldwide to focus on its rapidly growing late-stage business in oncology, neuroscience, internal medicine, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea has signed a definitive agreement to acquire Worldwide Clinical Trials' Early Phase Services division for approximately $45 million. The acquisition includes a GLP bioanalytical lab in Austin, a 200-bed clinical pharmacology unit in San Antonio, and a biospecimen storage facility in Pflugerville, Texas. This strategic move strengthens Fortrea's end-to-end clinical development platform and expands its early-phase capabilities, while allowing Worldwide to focus on its rapidly growing late-phase business in oncology, neuroscience, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea hat eine verbindliche Vereinbarung zum Erwerb des Geschäftsbereichs 'Frühe klinische Entwicklung' von Worldwide Clinical Trials für etwa 45 Millionen US-Dollar abgeschlossen. Die Übernahme umfasst ein GLP-konformes bioanalytisches Labor in Austin, eine klinisch-pharmakologische Abteilung mit 200 Betten in San Antonio und ein Bioprobenlager in Texas. Dies stärkt Fortreas Position als führender globaler Partner für klinische Entwicklung und ermöglicht integrierte Lösungen für frühe klinische Phasen.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea 将收购 Worldwide Clinical Trials 的临床药理部门和生物分析实验室业务
Fortrea has signed a definitive agreement to acquire Worldwide Clinical Trials' Early Phase Services division for approximately $45 million in cash. The acquisition includes a GLP bioanalytical lab in Austin, a 200-bed clinical pharmacology unit in San Antonio, and a biosampling facility in Pflugerville, Texas. This strategic move strengthens Fortrea's end-to-end clinical development platform and early-stage capabilities, while allowing Worldwide to focus on its faster-growing late-stage business in oncology, neuroscience, internal medicine, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea has entered into a definitive agreement to acquire the Early Phase Services division of Worldwide Clinical Trials for approximately $45 million in cash. The acquisition includes a GLP-certified bioanalytical laboratory in Austin, a 200-bed clinical pharmacology unit in San Antonio, and a biosampling storage facility in Pflugerville, Texas. This strategic move strengthens Fortrea's early-stage clinical development platform and enables integrated Phase I-IV services, while allowing Worldwide to focus on its rapidly growing advanced-stage development business in oncology, neurociencia, and rare diseases.
09/03/2026, 3:52 AM • GlobeNewswire
Fortrea has signed a definitive agreement to acquire Worldwide Clinical Trials' Early Phase Services division for approximately $45 million in an all-cash transaction. The acquisition includes a 60,000 sq. ft. GLP bioanalytical lab in Austin, a 200-bed clinical pharmacology unit in San Antonio, and a biospecimen storage facility in Pflugerville, Texas. This strategic move strengthens Fortrea's end-to-end clinical development platform and early-phase capabilities, while allowing Worldwide to focus on its rapidly growing late-stage business across oncology, neuroscience, internal medicine, and rare disease.
09/02/2026, 7:00 AM • GlobeNewswire
The global clinical trials market is projected to grow from $127.16 billion in 2025 to $176.32 billion by 2030, with a CAGR of 6.8%. Growth is driven by AI-enabled trial design, decentralized and virtual trials, precision medicine, and real-world evidence studies. North America leads the market while Asia-Pacific is the fastest-growing region. Strategic consolidation continues with major acquisitions strengthening end-to-end capabilities.
07/15/2026, 6:46 AM • GlobeNewswire
Fortrea to Attend Jefferies Global Healthcare Conference
Fortrea (Nasdaq: FTRE), a leading global contract research organization, announced that CEO Anshul Thakral, CFO Jill McConnell, and SVP of Investor Relations Tracy Krumme will participate in a fireside chat at the Jefferies Global Healthcare Conference on June 4, 2026. The company reported strong first-quarter 2026 performance with a book-to-bill ratio of 1.15x, marking the third consecutive quarter above 1.1x.
06/02/2026, 6:00 PM • GlobeNewswire
Fortrea 推出 Fortrea Intelligent Technology™ 以助贊助商及研究中心進行更智能、更整合的試驗
Fortrea, a leading global clinical research organization, announced the launch of Fortrea Intelligent Technology (FIT), an AI-powered solution designed to automate workflows and streamline clinical trial operations. Built on the Xcellerate® platform, FIT offers three pillars: full lifecycle trial management, data-driven foresight analytics, and AI-powered companion tools to improve trial speed, predictability, and quality for sponsors and research sites.
04/07/2026, 10:28 PM • GlobeNewswire
Fortrea, a leading global contract research organization, announced the launch of Fortrea Intelligent Technology (FIT), an AI-powered suite of solutions designed to revolutionize clinical trial processes. FIT automates workflows, streamlines oversight, and improves productivity for investigators, clinical trial centers, and research teams. The platform builds on Fortrea's flagship Xcellerate® platform and incorporates AI and machine learning to analyze complex patterns, generate predictive signals, and reduce manual tasks while enabling faster decision-making and risk management.
04/07/2026, 10:28 PM • GlobeNewswire
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MoreInformation as of 09/11/2026
Company Profile
Fortrea Holdings Inc., a contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide. It offers clinical pharmacology, such as clinical research units, external partnerships, project management, study design and monitoring, bioanalytics and biomarkers, pharmacokinetics, modeling and simulation, and biometrics; and clinical development, including phase I through IV clinical and real-world evidence studies, regulatory affairs, protocol design, operational planning, study and site start-up, patient recruitment, project management, comprehensive site and medical monitoring, data management and biostatistics, pharmacovigilance, medical writing, and mobile clinical services. The company also provides consulting services comprising product development and regulatory, market access and health economics, and outcomes research, as well as RWE services. Fortrea Holdings Inc. was incorporated in 2023 and is headquartered in Durham, North Carolina.
Key Executives
- Anshul Thakral
- Jason F. Knoblauch
- Jill McConnell
- Mark A. Morais
- David Ross Smith
Current Ownership Distribution
- Institutions710.2M (62.51%)
- Mutual Funds424.8M (37.39%)
- Insiders1.1M (0.10%)
- Other0 (0.00%)