FTRE

Fortrea Holdings Inc.

A global contract research organization that helps pharmaceutical, biotech, and medical device companies run clinical trials, from early safety studies to final-stage testing. Its roots stretch back to Covance and to a clinical business founded in 1968, and in 2023 it was spun off from the lab giant Labcorp to stand on its own. The name "Fortrea" is a made-up word from that split, likely blending "fortitude" and "trial" — a nod to the strength of the clinical studies it runs.