Fortrea

Fortrea Holdings Inc.

Company type	Public company
Traded as	Nasdaq: FTRE S&P 600 component Russell 1000 component
Industry	Pharmaceutical industry
Founded	1968 as Environmental Sciences Corporation 1996 as Covance January 31, 2023; 21 months ago (2023-01-31) as Fortrea
Headquarters	Durham, North Carolina, U.S.; operations in over 90 countries
Key people	Thomas Pike, President, CEO, Chairman Jill McConnell, CFO
Services	Contract research organization
Revenue	US$3.109 billion (2023)
Operating income	US$63 million (2023)
Net income	-US$3 million (2023)
Total assets	US$4.357 billion (2023)
Total equity	US$1.738 billion (2023)
Number of employees	Approximately 18,000 (2023)
Website	fortrea.com
Footnotes / references [1][2]

Animal testing
Main articles
Animal testing Alternatives to animal testing Animal testing regulations History of animal testing History of model organisms IACUC Laboratory animal sources Pain and suffering in laboratory animals Testing cosmetics on animals Toxicology testing Vivisection
Testing on
Invertebrates Frogs Primates Rabbits Rodents
Issues
Medical research Animal rights Animal welfare Animals (Scientific Procedures) Great ape research ban International primate trade
Cases
Brown Dog affair Cambridge University primates Pit of despair Silver Spring monkeys UCR 1985 laboratory raid Unnecessary Fuss
Companies
Charles River Laboratories Fortrea Inotiv Jackson Laboratory Nafovanny UK lab animal suppliers
Groups/campaigns
AALAS AAAS ALF Americans for Medical Progress Boyd Group Cruelty Free International Dr. Hadwen Trust Foundation for Biomedical Research FRAME National Anti-Vivisection Society New England Anti-Vivisection Society PETA Physicians Committee for Responsible Medicine Primate Freedom Project Pro-Test SPEAK campaign SHAC Speaking of Research Understanding Animal Research
Writers/activists
Tipu Aziz Michael Balls Neal D. Barnard Colin Blakemore Simon Festing Gill Langley Ingrid Newkirk Bernard Rollin Jerry Vlasak Syed Ziaur Rahman
Categories
Animal testing Animal rights Animal welfare
v t e

Fortrea Holdings Inc. is a contract research organization organized in Delaware and headquartered in Durham, North Carolina with operations in 90 countries. Its customers are primarily in the pharmaceutical, biotechnology, and medical device industries.^[1]

Its primary business is handling all aspects of clinical trials including phase I through IV clinical trial management, clinical pharmacology, and post-approval services. It handles regulatory affairs, protocol design, operational planning, study and site start-up, patient recruitment, project management, monitoring, data management and biostatistics, pharmacovigilance, medical writing, and mobile clinical services. It focuses on oncology, central nervous system and neurodegenerative, rare diseases, and cell and gene therapies. In the five years ending in 2023, it conducted more than 5,850 clinical trials involving over 1 million subjects. It also conducted over 600 studies for medical device companies.^[1]

The company is one of the largest participants in the international primate trade and has been criticized for its animal testing practices, most specifically animal testing on non-human primates.

The company traces its roots to Environmental Sciences Corporation, formed in 1968. It was known as Hazleton from 1972 to 1990, Corning Lab Services from 1990 to 1996, Covance from 1996 to 2021, and Labcorp Drug Development from 2021 to 2023.