We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Charles River (CRL) Launches Viral Vector Tech Transfer Program
Read MoreHide Full Article
Charles River Laboratories International, Inc. (CRL - Free Report) recently announced the introduction of its Modular and Fast Track viral vector technology (tech) transfer frameworks. With decades of experience in viral vector contract development and manufacturing organization (CDMO), the company has designed a methodical program to drive successful, accelerated process transfer to its Maryland-based viral vector center of excellence (CoE) in as little as nine months.
The latest development of Charles River is expected to significantly enhance its Manufacturing Solutions segment.
Significance of the New Tech Transfer Frameworks
Charles River’s viral vector tech transfer program offers phase-appropriate and customizable frameworks to yield exceptional stability, helping to avoid costly and time-consuming program delays. The Fast Track framework enables a streamlined approach to tech transfer when no process changes are required.
The Modular framework facilitates fully customizable tech transfer for more complex scenarios when processes are not yet fully developed or process changes are required, such as switching a cell line, plasmid supply, and/or assay/analytical development, bolstered by Charles River’s premier testing platform. Both frameworks enable reliable transfer to the viral vector CoE, avoiding preventable delays and safeguarding continued program success.
Image Source: Zacks Investment Research
With full-scale, in-house plasmid DNA and viral vector production capabilities, Charles River can efficiently manage tech transfers for a wide range of viral vectors, such as adeno-associated virus (AAV), adenovirus, lentivirus, and retrovirus. Once technology transfer has been initiated, developers gain access to Charles River’s integrated concept to cure portfolio, spanning discovery through safety assessment and commercialization.
More on the News
According to a Global Manufacturing representative at Charles River, a reliable, end-to-end CDMO is critical for continuity of supply and program efficiency. The company’s viral vector technology transfer program provides gene therapy developers with a cohesive concept-to-cure solution portfolio, fine-tuned over decades, supporting advanced therapy clients from discovery to commercialization and every step in between.
Charles River’s viral vector center of excellence offers viral vector tech transfer and manufacturing to support any stage of the drug development lifecycle, from research-grade viral vector manufacturing for in vitro and in vivo studies to commercial-scale GMP manufacturing. In recent years, the company has significantly broadened its cell and gene therapy portfolio with several acquisitions and expansions to simplify complex supply chains and meet the growing demand for plasmid DNA, viral vector and cell therapy services.
The rise in the prevalence of cancer, infectious diseases and genetic disorders has had a significant impact on the market. In addition, the adoption of strategies in the viral vector production market has contributed to its expansion.
Other Developments in the Manufacturing Segment
Earlier this month, Charles River announced the launch of viral vector reference materials designed to streamline Cell and Gene Therapy research and development as it scales to Good Manufacturing Practice-(GMP) quality. The company will introduce six AAV (adeno-associated virus) reference material serotypes, offering superior empty and full capsid ratios and high vector genome concentration (GC/mL) and five LVV (lentiviral vector) reference material products, which are available with different combinations of promoters and reporter genes.
In April 2024, Charles River announced a plasmid DNA CDMO collaboration with Axovia Therapeutics Ltd. The company will manufacture High Quality (HQ) gene of interest plasmid to support the development of Axovia’s gene therapies for ciliopathies, including Bardet-Biedl Syndrome (BBS), a condition with limited treatment options and no cure.
Price Performance
Over the past year, shares of the company have gained 8.5% compared with the industry’s growth of 4.5%.
Hims & Hers Heath stock has surged 127.9% in the past year. Estimates for the company’s earnings have risen from 11 cents to 18 cents in 2024 and from 25 cents to 33 cents in 2025 in the past 30 days.
HIMS’ earnings beat estimates in three of the trailing four quarters and missed in one, delivering an average surprise of 79.2%. In the last reported quarter, it posted an earnings surprise of a staggering 150%.
Estimates for Medpace’s 2024 earnings per share have moved up to $11.29 from $11.23 in the past 30 days. Shares of the company have surged 86.3% in the past year compared with the industry’s 4.5% growth.
MEDP’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 12.8%. In the last reported quarter, it delivered an average earnings surprise of 30.6%.
Estimates for ResMed’s fiscal 2024 earnings per share have moved to $7.64 from $7.59 in the past 30 days. Shares of the company have declined 0.7% in the past year against the industry’s rise of 2.9%.
RMD’s earnings surpassed estimates in three of the trailing four quarters and missed in one, the average surprise being 2.8%. In the last reported quarter, it delivered an earnings surprise of 10.9%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Charles River (CRL) Launches Viral Vector Tech Transfer Program
Charles River Laboratories International, Inc. (CRL - Free Report) recently announced the introduction of its Modular and Fast Track viral vector technology (tech) transfer frameworks. With decades of experience in viral vector contract development and manufacturing organization (CDMO), the company has designed a methodical program to drive successful, accelerated process transfer to its Maryland-based viral vector center of excellence (CoE) in as little as nine months.
The latest development of Charles River is expected to significantly enhance its Manufacturing Solutions segment.
Significance of the New Tech Transfer Frameworks
Charles River’s viral vector tech transfer program offers phase-appropriate and customizable frameworks to yield exceptional stability, helping to avoid costly and time-consuming program delays. The Fast Track framework enables a streamlined approach to tech transfer when no process changes are required.
The Modular framework facilitates fully customizable tech transfer for more complex scenarios when processes are not yet fully developed or process changes are required, such as switching a cell line, plasmid supply, and/or assay/analytical development, bolstered by Charles River’s premier testing platform. Both frameworks enable reliable transfer to the viral vector CoE, avoiding preventable delays and safeguarding continued program success.
Image Source: Zacks Investment Research
With full-scale, in-house plasmid DNA and viral vector production capabilities, Charles River can efficiently manage tech transfers for a wide range of viral vectors, such as adeno-associated virus (AAV), adenovirus, lentivirus, and retrovirus. Once technology transfer has been initiated, developers gain access to Charles River’s integrated concept to cure portfolio, spanning discovery through safety assessment and commercialization.
More on the News
According to a Global Manufacturing representative at Charles River, a reliable, end-to-end CDMO is critical for continuity of supply and program efficiency. The company’s viral vector technology transfer program provides gene therapy developers with a cohesive concept-to-cure solution portfolio, fine-tuned over decades, supporting advanced therapy clients from discovery to commercialization and every step in between.
Charles River’s viral vector center of excellence offers viral vector tech transfer and manufacturing to support any stage of the drug development lifecycle, from research-grade viral vector manufacturing for in vitro and in vivo studies to commercial-scale GMP manufacturing. In recent years, the company has significantly broadened its cell and gene therapy portfolio with several acquisitions and expansions to simplify complex supply chains and meet the growing demand for plasmid DNA, viral vector and cell therapy services.
Industry Prospects
The global viral vector production market was valued at $1.1 billion in 2022 and is projected to witness an 18.8% CAGR through 2032, according to a report from Allied Market Research.
The rise in the prevalence of cancer, infectious diseases and genetic disorders has had a significant impact on the market. In addition, the adoption of strategies in the viral vector production market has contributed to its expansion.
Other Developments in the Manufacturing Segment
Earlier this month, Charles River announced the launch of viral vector reference materials designed to streamline Cell and Gene Therapy research and development as it scales to Good Manufacturing Practice-(GMP) quality. The company will introduce six AAV (adeno-associated virus) reference material serotypes, offering superior empty and full capsid ratios and high vector genome concentration (GC/mL) and five LVV (lentiviral vector) reference material products, which are available with different combinations of promoters and reporter genes.
In April 2024, Charles River announced a plasmid DNA CDMO collaboration with Axovia Therapeutics Ltd. The company will manufacture High Quality (HQ) gene of interest plasmid to support the development of Axovia’s gene therapies for ciliopathies, including Bardet-Biedl Syndrome (BBS), a condition with limited treatment options and no cure.
Price Performance
Over the past year, shares of the company have gained 8.5% compared with the industry’s growth of 4.5%.
Zacks Rank and Key Picks
Charles River carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader medical space are Hims & Hers Health (HIMS - Free Report) , Medpace (MEDP - Free Report) and ResMed (RMD - Free Report) . While Hims & Hers Health and Medpace sport a Zacks Rank #1 (Strong Buy) each, ResMed carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks Rank #1 stocks here.
Hims & Hers Heath stock has surged 127.9% in the past year. Estimates for the company’s earnings have risen from 11 cents to 18 cents in 2024 and from 25 cents to 33 cents in 2025 in the past 30 days.
HIMS’ earnings beat estimates in three of the trailing four quarters and missed in one, delivering an average surprise of 79.2%. In the last reported quarter, it posted an earnings surprise of a staggering 150%.
Estimates for Medpace’s 2024 earnings per share have moved up to $11.29 from $11.23 in the past 30 days. Shares of the company have surged 86.3% in the past year compared with the industry’s 4.5% growth.
MEDP’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 12.8%. In the last reported quarter, it delivered an average earnings surprise of 30.6%.
Estimates for ResMed’s fiscal 2024 earnings per share have moved to $7.64 from $7.59 in the past 30 days. Shares of the company have declined 0.7% in the past year against the industry’s rise of 2.9%.
RMD’s earnings surpassed estimates in three of the trailing four quarters and missed in one, the average surprise being 2.8%. In the last reported quarter, it delivered an earnings surprise of 10.9%.