Charles River Laboratories

Paper Summary:

This paper provides an overview of Charles River Laboratories and the biotechnology industry in which it competes. It describes current science challenges facing the company, economic and industry concerns and financial, marketing and ethical considerations. The paper then discusses relevant regulatory issues involved in the use of laboratory animals and legal and strategic planning issues for the company. Finally, the paper describes the company's current management and leadership cadre and discusses the challenges in its consulting and staffing services.

Table of Contents:
Review and Analysis
Company Overview
Science Challenges
Economic and Industry Concerns
Financial Considerations
Marketing Considerations
Ethical Considerations
Regulatory Issues
Legal Issues
Strategic Planning Issues
Management and Leadership
Challenges in Consulting and Staffing Services
Conclusion

From the Paper:

"The research showed that Charles River Laboratories is a Massachusetts-based company that was founded in 1947 and competes on a global basis today. The company provides products that have been shown to contribute in significant ways to the development of new drugs, including research models and their associated services. The research also showed that the company is subject to regulatory oversight from a wide range of national and international agencies, but has managed to not only comply with these regulations but has managed to effect substantive changes to them to their advantage over the years as well. The company has enjoyed a healthy economic performance, offset in part by recent changes in its accounting practices as described further in their latest annual report, but the bottom line outlook for Charles River Laboratories remains positive because the biotechnology industry is likewise expected to grow in exponential terms in the years to come. In sum, Charles River Laboratories is well positioned to take advantage of this explosive growth in the biotechnology field, and barring any unforeseen innovations in computer modeling applications for this purpose, demand for their products will likely continue to increase for the foreseeable future."

Sample of Sources Used:

• Animal test firm in pounds 800m buy-out; US group takes control of Scots rivals. (2004, July 2). Daily Record, 56.
• Carbone, L. (2004). What animals want: Expertise and advocacy in laboratory animal welfare policy. New York: Oxford University Press.
• Charles River Laboratories. (2007). Yahoo! Finance. [Online]. Available: http://finance.yahoo. com/q/pr?s=CRL.
• Charles River Laboratories appoints Cheri Walker, Ph.D. as corporate senior vice president, corporate development. (2007, April 24). Yahoo! Finance. [Online]. Available: http:// biz.yahoo.com/bw/070424/20070424006422.html?.v=1.
• Charles River Laboratories expands into China through a research and development venture. Yahoo! Finance. [Online]. Available: http://biz.yahoo.com/ap/070323/charles_ river_joint_venture.html?.v=1.

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