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Fortrea 贊助 SCRS 的 Collaborate Forward 工作小組,鼓勵協作以實現更有效的臨床試驗 達勒姆,北卡羅來納州, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Society for Clinical Research Sites (SCRS) 和全球領先的受託研究機構 Fortrea (Nasdaq: FTRE) 欣然宣佈 Fortrea 贊助 SCRS 的 Collaborate Forward 工作小組。 Collaborate Forward 工作小組由 16 家領先的全球影響合作夥伴 (Global Impact Partner)機構組成,將探索和制定最佳實踐,以減輕臨床研究生態系統中的行政負擔。 該小組致力於促進透明度和協作,應對臨床研究中心所面臨的挑戰。 透過改進內部流程,其旨在使研究中心更具可持續性、使試驗更具效率,最終為患者提供更流暢的體驗。 Fortrea 的贊助行為標誌著對促進整個行業創新的重大投資,反映該公司致力於將研究中心置於臨床試驗計劃的前沿之決心。 Fortrea 全球項目交付高級副總裁 Mike Clay 表示:「我們很高興與 SCRS 合作,推出和支持此工作小組。」 「臨床試驗變得越來越複雜,且行業面臨加速為患者創新的壓力日益增加。 我們認為與臨床研究中心合作是釋放效率和提高生產力的關鍵,這將簡化臨床試驗程序。 這一舉措將推出臨床研究贊助商、CRO、供應商、研究中心和患者倡導小組都能支持的明確解決方案。 作為領先的 CRO,我們很自豪能站在此工作前沿,確保研究中心在推動進步及促進全行業範圍合作保持中心地位,從而加速為患者帶來改變生命的治療。」 SCRS 戰略與全球業務合作夥伴副總裁 Sean Soth 補充:「臨床研究需要獨特的相互依存關係才能產生最佳的結果。 Collaborate Forward 將分享影響當今的人們、流程和改善臨床研究之技術的合作夥伴成功案例。」 「我們很高興歡迎 Fortrea 作為 Collaborate Forward 的特許贊助商。 本次合作強調跨行業合作的價值,以及需要集體努力來推動在創造更具連結和高效的臨床試驗生態系統方面取得有意義的進展。」 Collaborate Forward 最初將專注於研究啟動,透過引人入勝的故事、案例研究和數據驅動的見解展現合作優勢。 該小組將定期召開會議交流見解,評估行業趨勢,開發贊助商和 CRO 能在機構內部使用的實用工具。 工作小組進展的更新將透過 SCRS 研究中心解決方案峰會和刊物在 2025 年全年分享,突出重要發現和合作成就。 SCRS 誠邀致力於研究中心可持續發展的贊助商和 CRO 一同加入,致力於打造更有效和協作的臨床研究格局。 欲了解參與方式的更多資訊,請聯絡 Brian Egan。 關於 Society for Clinical Research Sites Society for Clinical Research Sites (SCRS) 是一個領先的倡導組織,致力於統一全球臨床研究中心社區的聲音。 SCRS 代表全球超過 11,000 家研究中心,推動行業合作,促進專注於以研究中心為主的倡導、教育、扶植和連結的對話。 SCRS 是研究中心積極且富有影響力的倡導者,參與行業倡導,確保研究中心的觀點被聽取並得到重視。 了解更多資訊並參與,請瀏覽 myscrs.org。 我們的聲音。 我們的社區。 您的成功。 關於 Fortrea Fortrea (Nasdaq: FTRE) 是生命科學產業臨床開發解決方案的全球領導者。 我們與新興和大型生物製藥、生物技術、醫療器械及診斷公司合作,推動醫療創新,加速將改變生命的療法帶給患者。 Fortrea 提供 I-IV 期臨床試驗管理、臨床藥理學及諮詢服務。 Fortrea 的解決方案有三十年的經驗,覆蓋了 20 多個治療領域,對科學嚴謹性的熱情、卓越的洞察力,以及強大的研究中心網絡。 我們具才華和多元化的團隊在 100 多個國家工作,提供專注且靈活的解決方案以滿足全球客戶需求。 了解更多關於 Fortrea 如何從研發到患者端實現變革的資訊,請瀏覽 Fortrea.com 並在 LinkedIn 和 X(前稱 Twitter)上關注我們。 SCRS 聯絡人: Marissa Hill(傳媒)– 267-865-3296,marissa.hill@myscrs.orgBrian Egan(傳媒)– 518-207-6965,brianeegan@gmail.com Fortrea 聯絡人: Galen Wilson(傳媒)– 703-298-0802,media@fortrea.comKate Dillon(傳媒)– 646-818-9115,kdillon@prosek.com
達勒姆,北卡羅來納州, Oct. 18, 2024 (GLOBE NEWSWIRE) -- 全球領先的合同研究組織 (CRO) Fortrea (Nasdaq: FTRE) 今天宣佈發表其首份企業社會責任報告,標題為《Fortrea for Better》。 報告在 Fortrea.com 可供下載,詳細介紹了 Fortrea 在環境、社會和治理 (ESG) 方面的活動,並分為四個不同的部分: Fortrea for Life:負責任的環境實務 Fortrea for All:負責任的人員實務 Fortrea for Good:負責任的社會實務 Fortrea for Integrity:負責任的治理實務 質量、監管事務及可持續發展總監兼公司 ESG 指導委員會主席 Sandy Kennedy 表示:「『Fortrea for Better』反映了我們對於盡量減少環境影響、支持員工及工作所在社區的承諾,以及在所有工作中遵循道德治理實務的決心。 報告詳述了 Fortrea 首年成為獨立上市公司後的成就。 其中一個例子是英國一座舊郵購倉庫經翻新後成為設有 100 張床位的診所,工作空間可容納 300 名員工。 該地點憑著在能源節約、材料使用、水資源消耗和廢物處理方面的表現而獲得了環境認證。 另一個重點領域是公司的員工資源小組 (ERG),此小組是自願成立並由員工主導,成員來自長期被邊緣化的社群,並擁有共同興趣或經驗。 這些小組旨在協助成員在安全的環境中感到受歡迎和舒適,從而促進開放的討論。 目前,Fortrea 擁有八個 ERG 及近 4,000 名活躍成員。 Fortrea 的 CSR 還概述了公司的未來 ESG 路線圖,這是涵蓋多年的過程,包括既定議程、監督和報告。 Fortrea 已加入聯合國全球契約倡議 (United Nations Global Compact Initiative),並承諾參與科學基礎目標倡議 (Science Based Targets Initiative)。 董事長兼總裁 Tom Pike 聯同 2,500 位總裁成為 CEO Action for Diversity & Inclusion™ 的簽署者,承諾支持 DEI。 此外,Fortrea 最近首次向 EcoVadis 提交了報告;EcoVadis 是獲全球公認的商業可持續性評級機構,並正在為 CDP(一個運行環境影響披露系統的非牟利慈善機構)制定其首份環境報告。 根據目前的成就和承諾,Fortrea 已為 2026 年預期的報告規定作好了充分準備。 Tom Pike 在報告的序言中表示:「我對公司在相對短時間內取得的進展引以為傲, 這充分證明了我們員工對新文化的熱情投入。」 關於 Fortrea Fortrea (Nasdaq: FTRE) 是生命科學產業臨床開發解決方案的全球領導者。 我們與新興和大型生物製藥、生物技術、醫療器械及診斷公司合作,推動醫療創新,加速將改變生命的療法帶給患者。 Fortrea 提供 I-IV 期臨床試驗管理、臨床藥理學及諮詢服務。 Fortrea 的解決方案有三十年的經驗,覆蓋了 20 多個治療領域,對科學嚴謹性的熱情、卓越的洞察力,以及強大的研究中心網絡。 我們具才華和多元化的團隊在 100 多個國家工作,提供專注且靈活的解決方案以滿足全球客戶需求。 請前往 Fortrea.com 了解更多有關 Fortrea 如何為研發以至患者帶來改變的力量,並在 Linkedin 和 X(前身為 Twitter)上關注我們。 Fortrea 聯絡人: Hima Inguva(投資者) – 877-495-0816, hima.inguva@fortrea.comSue Zaranek(傳媒)– 919-943-5422, media@fortrea.comKate Dillon(傳媒)– 646-818-9115, kdillon@prosek.com
北卡羅來納州達勒姆, June 28, 2024 (GLOBE NEWSWIRE) -- 全球領先的合同研究組織 (「CRO」) Fortrea (Nasdaq: FTRE) 今天宣布推出人工智能 (AI) 創新工作室,這是該公司在重塑當今及未來臨床試驗執行方面的策略投資。 此工作室將開發和運用 AI 和機器學習 (ML) 技術,透過協助和授權人員專注於臨床試驗中的關鍵人為因素,從而提升臨床研究過程的速度、敏捷性、品質並增強患者安全性。 Fortrea 資訊科技總監 Alejandro Martinez Galindo 說:「全世界的患者正在等待改變生活的新穎療法,有了 AI,我們現在有能力亦有責任幫助更快地向他們提供解決方案。」 「Fortrea 的 AI 創新工作室將提升優化技術能力,使 AI 輔助的系統能夠執行先進流程,如試驗模擬、預測分析和模式識別,以及重度重複、行政性質、『適合機器處理』的工序,繼而騰出人手為未來的臨床試驗注入人類創造力和建立聯繫,專注於最重要的環節,亦即患者。」 Fortrea 的 AI 創新工作室旨在: 在 Fortrea 內部以及與我們客戶進行合作,提供技術解決方案用於自設研究中心和委託者創新策略; 開發全新的技術創新,為委託者、研究中心、患者和我們的團隊全面改進臨床試驗的交付表現;以及 透過優化技術支援現有的基礎設施和運作,帶來更好的新工作模式,打造一流的用戶體驗。 工作室正在開發的技術包括:支援智能手機的數據收集;用於文本理解和生成的專門化大型語言模型;具有實值邏輯的符號 AI(指利用真實世界的場景和數據而構建決策邏輯);混合實境和擴增智能;進階數據挖掘和預測分析;以及數碼分身。 此類技術的策略性應用有望對患者招募和挽留、規程建立/優化、風險為本的品質監控以及整體交付速度和質素帶來重大進展。這些技術亦能為 Fortrea 的客戶、研究中心和員工帶來更佳的患者體驗和更高的生產力。 AI 創新工作室的發展將對 Fortrea 的臨床技術平台舉足輕重,該平台旨在將臨床試驗技術整合至消費者層面、不受位置約束的全渠道角色本位體驗中,只需透過單一屏幕即可達成。 「Fortrea 著眼於 CRO 行業的未來願景,使我們能夠迎接未來,而非固守過去。」人工智能與機器學習副總裁 Brian Dolan 說:「我們非常審慎且周密並以負責任及合乎道德的方式開發和運用 AI,優先考慮出於正確的原因做正確的事情,保護患者的安全和私隱乃至客戶的智慧財產權。」 關於 FortreaFortrea (Nasdaq: FTRE) 是全球領先的臨床開發解決方案提供商,服務於生命科學行業。我們與新興和大型生物製藥、生物技術、醫療器械及診斷公司合作,推動醫療創新,加速將改變生命的療法帶給患者。Fortrea 提供 I-IV 期臨床試驗管理、臨床藥理學及諮詢服務。Fortrea 的解決方案有三十年的經驗,覆蓋了 20 多個治療領域,對科學嚴謹性的熱情、卓越的洞察力,以及強大的研究中心網絡。我們在 90 多個國家擁有才華橫溢的多元化團隊,為全球客戶提供有針對性和靈活的解決方案。了解更多關於 Fortrea 如何從研發管道到患者端實現變革的資訊,請瀏覽 Fortrea.com 並在 LinkedIn 和 X(前稱 Twitter)上關注我們。 Fortrea 聯絡人:Hima Inguva(投資者)– 877-495-0816, hima.inguva@fortrea.comJennifer Minx(傳媒)– 919-410-4195, media@fortrea.comKate Dillon(傳媒)– 646-818-9115, kdillon@prosek.com
DURHAM, N.C., June 27, 2024 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE), a leading global contract research organization (CRO), today announced the launch of its artificial intelligence (AI) Innovation Studio, signaling a strategic investment in reshaping the execution of clinical trials today and into the future. The studio will develop and deploy AI and machine learning (ML) technologies to drive speed, agility, quality and enhanced patient safety in the clinical research process by equipping and empowering people to focus on the critical human element of clinical trials. “Patients around the world are waiting for novel, life-changing treatments. With AI, we now have the power—and the obligation—to help deliver solutions to them faster,” said Fortrea’s Chief Information Officer Alejandro Martinez Galindo. “Fortrea’s AI Innovation Studio will enable enhanced technological capabilities that will allow AI-enabled systems to perform cutting-edge processes—such as trial simulations, predictive analytics and pattern recognition—as well as repetitive, administrative, ‘machine-friendly tasks’. This frees up people to contribute human creativity and connection to the clinical trial of tomorrow and focus on what counts: the patient.” Fortrea’s AI Innovation Studio aims to: Partner across Fortrea and with our customers to provide technology solutions for bespoke site and sponsor innovation strategies; Develop net new, greenfield technology innovations that holistically improve the delivery of clinical trials for sponsors, sites, patients and our teams; and Support existing infrastructure and operations with enhanced technology to enable new, improved ways of working and create best-in-class user experiences. Technologies under development in the studio include smartphone-enabled data collection; specialized large language models for text comprehension and generation; symbolic AI with real-valued logic (i.e., building decision logic using real-world scenarios and data); mixed reality and augmented intelligence; advanced data mining and predictive analytics; and digital twinning. Strategic application of these technologies is expected to result in meaningful advancements in patient recruitment and retention, protocol creation/optimization, risk-based quality monitoring and overall delivery speed and quality. These technologies can also deliver an improved patient experience and greater productivity for Fortrea customers, sites and employees. Developments from the AI Innovation Studio will be critical to Fortrea’s clinical technology platform, which is being designed to integrate clinical trial technology into a consumer-grade, location-agnostic, omni-channel, persona-based experience accessible thorough a single screen. “Fortrea is focused on a future vision of the CRO industry, allowing us to build TO the future rather than FROM the past,” said Brian Dolan, Vice President of Artificial Intelligence & Machine Learning. “We are exercising great care and consideration to the responsible and ethical development and deployment of AI, prioritizing doing the right thing for the right reasons and protecting patient safety and privacy, and the intellectual property of our customers.” About FortreaFortrea (Nasdaq: FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device and diagnostic companies to drive healthcare innovation that accelerates life-changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology and consulting services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in more than 90 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at Fortrea.com and follow us on LinkedIn and X (formerly Twitter). Fortrea Contacts:Hima Inguva (Investors) – 877-495-0816, hima.inguva@fortrea.comJennifer Minx (Media) – 919-410-4195, media@fortrea.comKate Dillon (Media) – 646-818-9115, kdillon@prosek.com
北卡羅來納州,達勒姆, June 05, 2024 (GLOBE NEWSWIRE) -- 全球領先的合同研究組織 (「CRO」) Fortrea (Nasdaq: FTRE) 於今日宣布已完成剝離與其支援服務 (Enabling Services) 部門相關的資產,即 Endpoint Clinical (「Endpoint」) 和 Fortrea Patient Access (「FPA」) 業務,出售予 Arsenal Capital Partners (「Arsenal」)。Arsenal 是一家專注於打造市場領先高科技醫療保健及工業增長企業的領先私募股權公司。 Endpoint 及 FPA 分別提供最頂尖的隨機化和試驗供應管理 (RTSM) 及患者通道解決方案,兩者均在醫藥服務價值鏈中佔有策略性獨特的切入點,Arsenal 在醫藥服務價值鏈具備重要的專業、科學及技術知識。 Arsenal 已委任 Fortrea 支援服務部門前總裁 Sam Osman 出任新公司的行政總裁,而 Arsenal 醫療保健團隊的營運合夥人 Raymond (「Ray」) H. Hill 則將出任董事會主席。 Endpoint 及 FPA 的行政總裁 Sam Osman 表示:「Endpoint 及 FPA 定位獨特,支援患者從臨床試驗至新療程獲批後的歷程。與 Arsenal 合作,我深懷信心,雙方的業務及團隊均可受惠於加快增長步伐、加大投資及管理層的全力支援,為客戶提供更卓越的服務及解決方案。」 Fortrea 主席兼行政總裁 Tom Pike 表示:「此次交易能圓滿完成,足證參與團隊的才能,他們為同事、客戶及所服務的患者規劃暢順的過渡安排,令雙方機構均可集中領導層及資源,為客戶提供最佳解決方案。如先前公布,此次剝離的淨收益將用於降低 Fortrea 整體債務的部分架構。作為一間純粹的臨床 CRO,Fortrea 將秉持一貫使命,提供的解決方案能夠更快為患者帶來改變生命的療程。」 Arsenal 的營運合夥人兼 Endpoint 及 FPA 董事會主席 Ray Hill 表示:「我非常期待能夠參與 Endpoint 和 FPA 的新階段,盼望與管理團隊攜手建立一家具有戰略意義的公司,為患者提供數據主導的解決方案。」 Endpoint Clinical Endpoint 在高增長的 eClinical 市場上開展業務,為生物製藥和 CRO 客戶提供隨機化和試驗供應管理 (RTSM) 解決方案,是領先的供應商,擅長為複雜的後期臨床試驗提供服務。在過去至今超過 15 年,Endpoint 已成功有效地支援 1,750 多項臨床試驗,涉及 90 個國家的 875,000 名患者,並培養了優質客戶群和長期戰略合作關係。 Fortrea Patient Access Fortrea Patient Access 是 HUB 服務和患者通道市場的領先者,在 30 多年來為生物製藥行業提供全面的患者支援服務、產品通道、相宜費用和依從性解決方案。Fortrea Patient Access 最近擴張了非商業性專賣藥房 FortreaRx™,以支援冷鏈和常溫免費產品的強化配送,藉此,Fortrea Patient Access 致力透過其豐富的經驗改善患者所得成果,提高醫療普及性,目前為 250 多萬名患者和 100 多個獨有品牌提供支援,涉及超過 25 種疾病適應症。 關於 Arsenal Capital Partners Arsenal Capital Partners 是一家領先的私募股權投資公司,致力打造市場領先的行業增長和醫療保健公司。自 2000 年成立以來,Arsenal 已募集了總額超過 100 億美元的機構股權投資資金,完成了 300 多項平台收購和附加收購,並實現了超過 35 項變現。該公司與不同管理團隊合作,打造市場領先、高增長和高附加值而具有戰略意義的公司。欲了解更多資訊,請瀏覽 www.arsenalcapital.com。 關於 Fortrea Fortrea (Nasdaq: FTRE) 是全球領先的臨床開發解決方案提供商,服務於生命科學行業。我們與新興和大型生物製藥、生物技術、醫療器械及診斷公司合作,推動醫療創新,加速將改變生命的療法帶給患者。Fortrea 提供 I-IV 期臨床試驗管理、臨床藥理學及諮詢服務。Fortrea 的解決方案有三十年的經驗,覆蓋了 20 多個治療領域,對科學嚴謹性的熱情、卓越的洞察力,以及強大的研究中心網絡。我們在 90 多個國家擁有才華橫溢的多元化團隊,為全球客戶提供有針對性和靈活的解決方案。了解更多關於 Fortrea 如何從研發管道到患者端實現變革的資訊,請瀏覽 Fortrea.com 並在 LinkedIn 和 X(前稱 Twitter)上關注我們。 前瞻性陳述之警示聲明 該新聞稿包括聯邦證券法(包括《證券法》第 27A 條和《交易法》第 21E 條)下定義的「前瞻性陳述」。前瞻性陳述就其性質而言涉及不同程度的不確定性,包括使用淨收益償還公司部分未償債務的時機。在這種情況下,前瞻性陳述通常涉及預期的未來業務和財務業績以及財務狀況,並且通常包含「指引」、「預期」、「假設」、「預計」、「打算」、「計劃」、「預測」、「相信」、「尋求」、「看到」、「將」、「會」、「目標」、類似表達以及這些詞彙的變體或否定詞,這些詞彙旨在用於識別前瞻性陳述,但並非所有前瞻性陳述都會包含這些識別詞彙。實際結果可能因多種因素而與這些前瞻性陳述存在重大差異,這些因素包括但不限於公司不時向美國證券交易委員會 (SEC) 提交文件中描述的其他因素。有關公司業務風險的進一步討論,請參閱公司向美國證券交易委員會 (「SEC」) 提交 10-K 報告年報中的「風險因素」一節,因為此類風險因素可能會在公司隨後向 SEC 提交的定期文件和其他文件中隨時修訂或更新,而這些文件可在 SEC 網站 www.sec.gov 上查閱。這些因素不應被視為詳盡無遺,應與本報告中包含或透過引用納入的其他警示聲明以及公司向 SEC 提交的文件一併閱讀。所有前瞻性陳述僅截至本文件發布之日,除法律要求外,公司不承擔更新或修訂任何前瞻性陳述以反映未來事件或發展的責任。 Fortrea 聯絡人:Hima Inguva (投資者) – 877-495-0816, hima.inguva@fortrea.comSue Zaranek (傳媒) – 919-943-5422, media@fortrea.comKate Dillon (傳媒) – 646-818-9115, kdillon@prosek.com Arsenal 聯絡人: Ellen Pavlovsky – epavlovsky@arsenalcapital.com
DURHAM, N.C., June 04, 2024 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) a leading global contract research organization (“CRO”), today announced it has completed the divestiture of assets relating to its Enabling Services segment, namely its Endpoint Clinical (“Endpoint”) and Fortrea Patient Access (“FPA”) businesses, to Arsenal Capital Partners (“Arsenal”), a leading private equity firm specializing in building market-leading, technology-rich healthcare and industrial growth companies. Endpoint and FPA provide best-in-class Randomization and Trial Supply Management (RTSM) and patient access solutions respectively. They both represent strategically differentiated entry points within the pharmaceutical services value chain, where Arsenal holds significant domain, scientific and technical knowledge. Arsenal has appointed Sam Osman, former president of Fortrea’s Enabling Services segment, to serve as chief executive officer of the new entities, and Raymond (“Ray”) H. Hill, an operating partner within Arsenal’s healthcare team, will serve as chairman of the board. “Endpoint and FPA are distinctly positioned to support the patient journey across clinical trials and through access to novel therapeutics after approval,” said Sam Osman, chief executive officer of Endpoint and FPA. “With Arsenal as our partner, I am confident that both our businesses and our teams will benefit from accelerated growth opportunities as well as investment and executive focus, resulting in enhanced capabilities and solutions for customers.” “The successful closing of this transaction is a testament to the caliber of the teams involved, who have planned a smooth transition for colleagues, customers and the patients we serve,” said Fortrea Chairman and CEO Tom Pike. “This transaction enables both organizations to focus their leadership and resources on delivering optimal solutions for our customers. As previously disclosed, the net proceeds from this divestiture will be used to reduce a portion of Fortrea’s overall debt structure. As a pure-play clinical CRO, Fortrea remains committed to our mission of delivering solutions that bring life-changing treatments to patients faster.” Ray Hill, an operating partner of Arsenal and chairman of the board for Endpoint and FPA, said, “I am incredibly excited to be a part of Endpoint and FPA’s next chapter. I look forward to working with the management team in building a strategically important company that provides data-driven solutions for patients.” Endpoint ClinicalEndpoint operates in the high growth eClinical market as a leading provider of Randomization and Trial Supply Management (RTSM) solutions to biopharmaceutical and CRO customers with expertise in serving complex and late-stage clinical trials. For more than 15 years, Endpoint has had a successful track record of effectively supporting more than 1,750 clinical trials involving 875,000 patients across 90 countries and has cultivated a blue-chip customer base and nurtured long-standing strategic relationships. Fortrea Patient AccessFortrea Patient Access is a scaled leader in the HUB services and patient access market, serving the biopharmaceutical industry with comprehensive patient support, product access, affordability and adherence solutions for more than 30 years. Further advanced by its recently expanded non-commercial specialty pharmacy, FortreaRx™, to support enhanced distribution of cold-chain and ambient free goods products, Fortrea Patient Access is committed to driving patient outcomes and improving healthcare accessibility through its extensive experience while currently supporting more than 2.5 million patients and over 100 unique brands across more than 25 disease indications. About Arsenal Capital PartnersArsenal Capital Partners is a leading private equity investment firm that specializes in building market-leading industrial growth and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds totaling over $10 billion, completed more than 300 platform and add-on acquisitions, and achieved more than 35 realizations. The firm works with management teams to build strategically important companies with leading market positions, high growth and high value-add. For more information, visit www.arsenalcapital.com. About FortreaFortrea (Nasdaq: FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology and consulting services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in more than 90 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at Fortrea.com and follow us on LinkedIn and X (formerly Twitter). Cautionary Statement Regarding Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, including the timing of the use of net proceeds to repay a portion of the Company’s outstanding debt. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “guidance,” “expect,” “assume,” “anticipate,” “intend,” “plan,” “forecast,” “believe,” “seek,” “see,” “will,” “would,” “target,” similar expressions, and variations or negatives of these words that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results could differ materially from these forward-looking statements due to a number of factors, including, but not limited to factors described from time to time in documents that the Company files with the SEC. For a further discussion of the risks relating to the Company’s business, see the “Risk Factors” Section of the Company’s Annual Report on Form 10-K, as filed with the Securities and Exchange Commission (the "SEC"), as such risk factors may be amended or updated from time to time in the Company’s subsequent periodic and other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included or incorporated by reference in the Company’s filings with the SEC. All forward-looking statements are made only as of the date of this release, and the Company does not undertake any obligation, other than as may be required by law, to update or revise any forward-looking statements to reflect future events or developments. Fortrea Contacts:Hima Inguva (Investors) – 877-495-0816, hima.inguva@fortrea.comSue Zaranek (Media) – 919-943-5422, media@fortrea.comKate Dillon (Media) – 646-818-9115, kdillon@prosek.com Arsenal Contact: Ellen Pavlovsky – epavlovsky@arsenalcapital.com
Fortrea
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