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Fortrea to acquire Worldwide's Early Phase division

PUBLIC · FTRESep 03, 2026about 7 hours ago

Acquiring Company

Fortrea

Acquired Company

Worldwide Clinical Trials

Research Triangle ParkResearch Triangle ParkBiotechnologyHealth CareMedicalBiotechnologyHealth Care

Description

Fortrea has signed an agreement to acquire Worldwide Clinical Trials' Early Phase Services division for approximately $45 million. This acquisition will enhance Fortrea’s clinical development capabilities, adding significant laboratory and clinical facilities. The transaction is aimed at strengthening their service offerings in North America. Completion is subject to regulatory approvals.

Company Information

Company

Fortrea

Location

Research Triangle Park, North Carolina, United States

About

As a provider of comprehensive Phase I through IV clinical trial management, clinical pharmacology, patient access solutions and other enabling services, Fortrea partners with emerging and large biopharma and medical device and diagnostic companies to drive healthcare innovation throughout the world. Harnessing our passion for scientific rigor and decades of clinical trial experience, we navigate obstacles with agility and ease. We believe in advancing health equity by creating diverse and inclusive clinical trials that eliminate gaps in participation. We are problem-solvers and creative thinkers, committed to opening the doors between promising ideas and proven therapies.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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Frequently asked

Who acquired Worldwide Clinical Trials?

Worldwide Clinical Trials was acquired by Fortrea, based in Research Triangle Park. The deal was reported on September 3, 2026. Fortrea is publicly traded (FTRE) and operates in Biotechnology.

When did Fortrea acquire Worldwide Clinical Trials?

Fortrea's acquisition of Worldwide Clinical Trials was reported on September 3, 2026. Fortrea has signed an agreement to acquire Worldwide Clinical Trials' Early Phase Services division for approximately $45 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Worldwide Clinical Trials do?

Worldwide Clinical Trials (Worldwide) is a global full-service contract research organization (CRO). It is privately held, operating in Biotechnology, and is based in Research Triangle Park.

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