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Could Charles River (CRL) Using Locus Cell Tie-Up to Reframe Its Asia-Pacific Growth Strategy?
Charles River Laboratories recently signed an MoU with Locus Cell Co. to collaborate on advanced therapy development and testing in the Asia-Pacific region. This partnership aims to strengthen Charles River’s position in the growing cell and gene therapy market, though its impact on near-term revenue growth and competition remains to be seen. The company’s investment narrative projects significant revenue and earnings growth by 2028, but some analysts hold a more pessimistic view.