Company intelligence / Profile preview

Fortrea

Durham, North Carolina, United Statesir.fortrea.com ↗
Ownership
Public · FTRE
Employees
~19000
Development stage
Commercial
01

Overview

Fortrea is an independent global contract research organization spun out from Labcorp in July 2023. It provides comprehensive clinical development services—including Phase I-IV study management, pharmacovigilance operations recognized as industry-leading in the PEAK Matrix Assessment for both pre-and post-market settings—and patient access solutions. With over three decades of experience and approximately 19,000 employees operating in more than 90 countries across more than twenty therapeutic areas, Fortrea partners with pharmaceutical, biotechnology, medical device and diagnostic companies to accelerate the development of life-changing therapies for patients worldwide.

Therapeutic areas
Other
Modalities
Small moleculesBiologics (including mAbs)Medical devices/MedTech solutions
Industry
Contract Research Organization
02

Partnerships

Works with leading global pharmaceutical companies ("large pharma"), biotechs and MedTech organizations as clients/partners on clinical trials. Specific names are generally confidential or undisclosed publicly.
03

Financials

Market cap
$1.6B
Total revenue
$678.2M
Enterprise value
$2.5B

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Clinical trials

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