other material
confidence high
sentiment negative
materiality 0.70
Charles River addresses NHP supply disruption risk following DOJ charges against Cambodian supplier
CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
- Company not named in DOJ proceedings; no direct contracts with indicted Cambodian supplier.
- Obtains NHPs from multiple global sources including Cambodia, but expects Cambodia-sourced supply to be difficult for some time.
- Actively working to mitigate impact by procuring NHPs from alternative supply arrangements and other global sources.
- Presentation at Evercore ISI conference on Nov 30, 2022 to discuss NHP supply chain and DOJ impact.