Towards Healthcare

Cell and Gene Therapy Bioassay Services Companies and Company Overview

Date : 15 October 2025

Top Leaders in the Respective Market and Company Overview

Cell and Gene Therapy Bioassay Services Market Companies

  • Charles River Laboratories
  • WuXi AppTec 
  • SGS 
  • Eurofins Scientific 
  • Lonza Group 
  • PPD
  • BioAgilytix Labs
  • ICON plc 
  • Labcorp Drug Development
  • QPS Holdings
  • Intertek Group
  • Catalent
  • Nexelis
  • Medpace
  • Covance
  • KBI Biopharma
  • Creative Biolabs
  • Aragen Bioscience
  • Alliance Pharma
  • Syneos Health

Company Overview

Company Historical Revenue (2022)  Annual Revenue (2024) Established Year
Charles River Laboratories $4.13 billion $4.05 billion 1947
WuXi AppTec $5.45 billion $5.32 billion 2000
SGS $7.87 billion $7.52 billion 1878
Eurofins Scientific €6.52 billion €6.95 billion 1987
Lonza Group $6.52 billion $6.57 billion 1897
PPD $10.4 billion $10.4 billion 1985
BioAgilytix Labs Estimated $320.4 million Estimated $320.4 million 2008

Charles River Laboratories

Overview

  • Charles River Laboratories is a global provider of comprehensive preclinical and clinical laboratory services.

  • The company supports the pharmaceutical, biotechnology, and medical device industries through its services.

  • In 2023, Charles River Laboratories reported a revenue of $4.13 billion, marking a 3.9% increase from the previous year.

Top Products

  • Older Products: Traditional preclinical services, including toxicology and pharmacology studies.

  • New Products: Advanced cell and gene therapy services, as well as immuno-oncology research support.

  • Emerging Services: Integration of AI-driven analytics for drug development processes.

Strengths

  • Comprehensive service offerings across various stages of drug development.

  • Strong global presence with facilities in North America, Europe, and Asia.

  • Established reputation for quality and regulatory compliance.

Weaknesses

  • Dependence on the cyclical nature of the pharmaceutical industry.

  • Exposure to geopolitical risks affecting international operations.

  • Challenges in maintaining consistent growth amid industry consolidation.

Opportunities

  • Expansion into emerging markets with growing pharmaceutical sectors.

  • Development of specialized services for biologics and personalized medicine.

  • Strategic acquisitions to enhance service capabilities and market reach.

Strategies Applied

  • Focus on innovation through investment in cutting-edge technologies.

  • Strengthening partnerships with biotech firms and academic institutions.

  • Optimizing operational efficiencies to reduce costs and improve margins.

Recent Developments

  • In May 2025, the company experienced its largest single-day stock gain in over 13 years, following a series of strategic initiatives aimed at revitalizing the business.

  • Announced a strategic review of its operations to unlock shareholder value.

  • Added four new directors to its board to address ongoing revenue declines across all business segments.

WuXi AppTec

Overview

  • WuXi AppTec is a Chinese biotechnology company providing a broad range of services for the pharmaceutical, biotechnology, and medical device industries.

  • The company offers services including drug discovery, development, and manufacturing.

  • In 2023, WuXi AppTec reported a revenue of ¥40.34 billion, a 2.5% increase from the previous year.

Top Products

  • Older Products: Traditional drug discovery and development services.

  • New Products: Advanced biologics development and cell and gene therapy services.

  • Emerging Services: Integration of AI and machine learning in drug development processes.

Strengths

  • Comprehensive service offerings across the entire drug development lifecycle.

  • Strong presence in both domestic and international markets.

  • Established partnerships with leading pharmaceutical and biotech companies.

Weaknesses

  • Exposure to regulatory challenges in international markets.

  • Dependence on the cyclical nature of the pharmaceutical industry.

  • Challenges in maintaining consistent growth amid industry consolidation.

Opportunities

  • Expansion into emerging markets with growing pharmaceutical sectors.

  • Development of specialized services for biologics and personalized medicine.

  • Strategic acquisitions to enhance service capabilities and market reach.

Strategies Applied

  • Focus on innovation through investment in cutting-edge technologies.

  • Strengthening partnerships with biotech firms and academic institutions.

  • Optimizing operational efficiencies to reduce costs and improve margins.

Recent Developments

  • In March 2024, WuXi AppTec reported a 21.3% increase in net profit for 2023, reaching ¥10.69 billion.

  • Announced a cash dividend of ¥2.88 billion for 2023.

  • Reiterated its commitment to transparent engagement with stakeholders amid external concerns.

SGS

Overview

  • SGS is a Swiss multinational company providing inspection, verification, testing, and certification services.

  • The company serves various industries including agriculture, automotive, and life sciences.

  • In 2023, SGS reported a revenue of CHF 6.62 billion, an 8% increase at constant currency.

Top Products

  • Older Products: Traditional inspection and testing services.

  • New Products: Sustainability and ESG-related services.

  • Emerging Services: Digital solutions for supply chain transparency and risk management.

Strengths

  • Global network with a strong presence in over 140 countries.

  • Diverse service offerings across various industries.

  • Established reputation for quality and regulatory compliance.

Weaknesses

  • Exposure to economic downturns affecting client budgets.

  • Challenges in maintaining consistent growth amid industry consolidation.

  • Dependence on regulatory changes impacting service demand.

Opportunities

  • Expansion into emerging markets with growing industrial sectors.

  • Development of specialized services for sustainability and ESG compliance.

  • Strategic acquisitions to enhance service capabilities and market reach.

Strategies Applied

  • Focus on innovation through investment in digital technologies.

  • Strengthening partnerships with industry leaders and regulators.

  • Optimizing operational efficiencies to reduce costs and improve margins.

Recent Developments

  • In February 2025, SGS reported a 2.6% increase in full-year sales for 2024, reaching CHF 6.79 billion.

  • Acquired three businesses in 2025, following 11 acquisitions in 2024.

  • Ended merger talks with Bureau Veritas, focusing on organic growth strategies.

Eurofins Scientific

Overview

  • Eurofins Scientific is a global group offering laboratory services in the fields of food, environment, and pharmaceutical products.

  • The company provides services including testing, research, and development.

  • In 2023, Eurofins reported a revenue of €6.51 billion, a 2.9% decline from the previous year.

Top Products

  • Older Products: Traditional laboratory testing services.

  • New Products: Advanced genomic and proteomic testing services.

  • Emerging Services: Integration of AI and machine learning in data analysis.

Strengths

  • Extensive global network with operations in over 50 countries.

  • Diverse service offerings across various industries.

  • Established reputation for quality and regulatory compliance.

Weaknesses

  • Exposure to economic downturns affecting client budgets.

  • Challenges in maintaining consistent growth amid industry consolidation.

  • Dependence on regulatory changes impacting service demand.

Opportunities

  • Expansion into emerging markets with growing industrial sectors.

  • Development of specialized services for genomic and proteomic testing.

  • Strategic acquisitions to enhance service capabilities and market reach.

Strategies Applied

  • Focus on innovation through investment in digital technologies.

  • Strengthening partnerships with industry leaders and regulators.

  • Optimizing operational efficiencies to reduce costs and improve margins.

Recent Developments

  • In February 2024, Eurofins reported strong margin improvement and cash generation in the second half of 2023.

  • Remained confident in achieving its 2027 objectives despite challenging market conditions.

  • Continued to focus on organic growth strategies and operational efficiencies.

Lonza Group

Overview

  • Lonza Group is a Swiss multinational company providing services to the pharmaceutical, biotechnology, and specialty ingredients markets.

  • The company offers services including contract development and manufacturing.

  • In 2023, Lonza reported a revenue of $7.48 billion, a 14.74% increase from the previous year.

Top Products

  • Older Products: Traditional contract manufacturing and development services.

  • New Products: Biologics development services, including cell and gene therapy.

  • Emerging Services: Advanced manufacturing technologies for biologic therapies.

Strengths

  • Strong market position in the biopharmaceutical contract services sector.

  • Leading technology in cell and gene therapy development.

  • Established reputation for quality and regulatory compliance.

Weaknesses

  • Dependence on the highly regulated pharmaceutical and biotech sectors.

  • Exposure to the volatility of the global biopharma market.

  • Challenges in scaling operations in new emerging markets.

Opportunities

  • Expansion into emerging markets with growing pharmaceutical sectors.

  • Increasing demand for biologics and personalized medicine.

  • Strategic acquisitions to enhance service offerings and capabilities.

Strategies Applied

  • Investment in advanced manufacturing technologies.

  • Focus on biologics, including cell and gene therapies.

  • Strengthening partnerships with leading pharmaceutical and biotech companies.

Recent Developments

  • In early 2024, Lonza announced a significant expansion of its biologics manufacturing facilities.

  • Reported a major increase in revenue from its biologics contract manufacturing division.

  • Entered new partnerships with biotech companies to scale up gene therapy production.

Market Growth

The global cell and gene therapy bioassay services market size is calculated at US$ 5.05 billion in 2024, grew to US$ 5.67 billion in 2025, and is projected to reach around US$ 16 billion by 2034. The market is expanding at a CAGR of 12.24% between 2025 and 2034.

The market is focusing on specialized services to assess the potency, safety, and quality of cell and gene products, which accelerates the adoption of advanced genetic engineering approaches.

  • In July 2025, BioLife Solutions, Inc., a leading developer and supplier of bioproduction products and services for cell and gene therapy, invested in Pluristyx, Inc., a Seattle-based developer of innovative induced pluripotent stem cell (iSPC) based products for cell therapy developers.
  • In May 2025, TreeFrog Therapeutics, a French biotech specializing in cell therapy, secured a €30 million financing from the European Investment Bank (EIB) to boost the field of cell therapy. 
  • In May 2025, SOLVE FSHD raised $3 million in Investment in Armatus Bio to advance the gene therapy program for FSHD.

U.S. Market Trends

The US’s cell and gene therapy bioassay services market encompasses expanding regulatory scrutiny for strong bioanalytical data, and also shifting toward customized medicine. Whereas the complexity of these innovative therapies drives demand for specialized bioassay services

For this market,

  • In May 2025, US-based RoosterBio, Inc., a leading supplier of adult human mesenchymal stem/stromal cells (hMSCs), entered into a strategic collaboration with Thermo Fisher Scientific, the world leader in serving science, to expand the availability of new, potentially life-saving cell and exosome therapies.

Canada Market Trends

Inclusion of technological advancements, mainly CRISPR, NGS, and flow cytometry, is increasingly boosting the need for specialized contract research organizations (CROs) in Canada’s cell and gene therapy bioassay services market.

For instance,

  • In July 2025, Genvira and Labskin received a £1.2 million ($2.0 million) UK–Canada collaboration award to boost immunotherapies for malignant melanoma.

Singapore Market Trends

Recently, this region has adopted the <<< GenomeAsia 1000< Project's efforts to develop a large-scale population genomic database, and the Singaporean government's robust support for CGT research is boosting the overall cell and gene therapy bioassay services market expansion.

For this market,

  • In July 2025, Life Biosciences, a biotechnology company pioneering cellular rejuvenation therapies, signed a Memorandum of Understanding (MOU) with SingHealth Duke-NUS Regenerative Medicine Institute of Singapore to accelerate the pipeline of cellular rejuvenation therapies.

Japan Market Trends

Primarily, the Japanese regulatory framework, evolved by the Pharmaceuticals and Medical Devices Law, which provides the commercialization of CGT products, while an enhanced focus on post-marketing surveillance ensures the continued safety of these complex treatments.

For instance,

  • In May 2025, Cellares, a pioneer in automated cell therapy manufacturing, entered into a collaboration with Mitsui Fudosan to establish Japan’s first next-gen commercial production site for CAR-T cell therapies.

Latest Announcements by Industry Leaders

  • In August 2025, Avista Therapeutics, a pre-clinical-stage biotechnology company, announced a partnership with Forge Biologics, a leading manufacturer of genetic medicines, to advance the development and manufacturing of AVST-101. John Maslowski, President and Chief Executive Officer of Forge, said that their AAV manufacturing services have evolved to assist programs like Avista’s with the speed, consistency, and quality needed for success.
  • Carlsbad, Calif.-based Lineage Cell Therapeutics, a clinical-stage biotechnology company, announced a research collaboration with and through a $12 million investment facilitated by William Demant Invest (WDI), an evergreen investor, to advance the development of auditory neuronal cell transplantation. Brian Culley, CEO, Lineage, commented that this is a robust interest in hearing healthcare and stepping into the development of their exciting product candidate.

Recent Developments in the Emerging Market

  • In August 2025, ProBio launched GMP AAV manufacturing services at the Hopewell facility to enhance gene therapy development and manufacturing.
  • In May 2025, BBG Advanced Therapies, a subsidiary of San Antonio-based nonprofit BioBridge Global, introduced the foremost vehicle of its kind in the world, a mobile leukapheresis center developed to perform leukapheresis collections of starting materials for cell and gene therapies.
  • In December 2024, Sphere Fluidics, a leading provider of innovative microfluidics-based solutions for single-cell analysis and isolation, launched its Cyto-Cellect® Fc Fusion, a newer assay designed to boost cell line development for Fc fusion manufacturing.
  • In October 2024, Abzena launched GMP cell-based potency testing in the US and UK sites, with progressing analytical capabilities.

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