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Business

Charles River buys another contractor

by Michael McCoy
February 19, 2018 | A version of this story appeared in Volume 96, Issue 8

Charles River Laboratories will acquire fellow contract research firm MPI Research for $800 million. Based in Mattawan, Mich., MPI offers nonclinical testing and toxicology services to drug and medical device companies. Charles River expects MPI to contribute up to $190 million in revenue this year. Charles River bought KWS Biotest earlier this year and Brains On-Line last year.

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