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Fortrea Holdings (FTRE) investor relations material
Fortrea Holdings Evercore ISI 8th Annual HealthCONx Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Evercore ISI 8th Annual HealthCONx Conference summary3 Dec, 2025
Leadership transition and organizational progress
CEO transition has progressed smoothly, with strong support from leadership and employees.
CEO has met a significant portion of the workforce and top customers, gaining operational insight.
The company is implementing meaningful changes over the next 90 days, focusing on strategic direction.
Year-end earnings will provide more detailed forward guidance.
Market environment and customer trends
Pharma budget sentiment is neutral to positive, with large companies reactivating R&D pipelines for 2026 and beyond.
Funding for small and mid-sized companies has improved compared to last year, though not at 2018 levels.
M&A and licensing activity in biotech is increasing, with venture capital sentiment improving.
R&D pipeline growth is expected to return to low single digits.
Strategic partnerships and competitive positioning
Strategic partnerships in pharma ebb and flow, with refresh cycles every three years.
The company has protected large partnerships and added mid-sized ones, ready for new opportunities in 2026.
Differentiates between FSP (price-driven, selective participation) and FSO (relationship-driven, strategic advantage in flexibility and size).
Revenue diversification is a byproduct of expanding the customer base, with growth as the main priority.
How does Fortrea's biotech model differentiate it?
Detail the impact of new tech on workflow
What is the plan to reduce Fortrea's leverage?
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Next Fortrea Holdings earnings date
Q4 20252 Mar, 2026
Next Fortrea Holdings earnings date
Q4 20252 Mar, 2026
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Frequently asked questions
Fortrea Holdings Inc. is a global contract research organization that specializes in supporting the development of biopharmaceutical products and medical devices across all phases of the clinical trial process. It offers a broad range of services, including clinical pharmacology, patient access solutions, and other enabling services. The company's operations are divided into two main segments: Clinical Services and Enabling Services. The Clinical Services segment covers the entire spectrum of clinical development, while the Enabling Services segment focuses on facilitating patient access and optimizing clinical trial technologies. The company is headquartered in Durham, North Carolina, and its shares are listed on the NASDAQ.
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