Fortrea to Acquire Worldwide Clinical Trials Early Phase Services (Clinical Pharmacology Unit & Bioanalytical Lab)
September 2, 2026
Fortrea signed a definitive agreement to acquire Worldwide Clinical Trials’ Early Phase Services division, including its Clinical Pharmacology Unit and Bioanalytical Laboratory operations, in an all-cash deal valued at approximately $45 million. The acquired operations include a GLP bioanalytical laboratory in Austin, a GCP-compliant clinical pharmacology unit in San Antonio, and a biospecimen storage facility in Pflugerville, Texas. The transaction is expected to close subject to regulatory and licensing approvals.
- Buyers
- Fortrea
- Targets
- Worldwide Clinical Trials Early Phase Services division, Worldwide Clinical Trials Clinical Pharmacology Unit (CPU), Worldwide Clinical Trials Bioanalytical Laboratory operations, Worldwide Clinical Trials biospecimen storage facility
- Sellers
- Worldwide Clinical Trials
- Industry
- Healthcare Services
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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