Covance Follow Verify

http://www.covance.com/
Covance Inc
Type	Public
Industry	CRO & Pharmaceutical
Founded	1968
Slogan	Solutions made real
Headquarters	Princeton, New Jersey, USA
Key people	John Ratliff CEO John Gransee CFO Dimitris Agrafiotis CDO
Number of employees	10,281

Covance is contract research organization (CRO) which provides nonclinical, preclinical, clinical, commercialization services to pharmaceutical and biotechnology companies, laboratory testing services to the chemical, agrochemical and food industries and toxicology services, central laboratory services, discovery services and a Phase III clinical trial management services.

Covance is headquartered in Princeton, New Jersey, with running operations across five continents, in more than eighty locations and approximately more than 10,200 employees worldwide.

History

It claims to provide the world's largest central laboratory network. It became a publicly traded company after being spun off by Corning Incorporated in 1996 under the name Covance Research Products Inc., based in Denver, Pennsylvania, the company also deals in the import, breeding and sale of laboratory animals. Covance originated from Corning Glass Works' health and science activities, which were consolidated into a single operating division in 1977. This unit entered the life sciences research field by taking a small stake in Hazleton Laboratories Corp. and then purchasing the rest of the company in 1987 for about $115 million. Hazleton began in 1968 as Environmental Sciences Corp., a manufacturer of equipment for the care of laboratory animals that set up shop in the basement of an old supermarket in Seattle. In 1972 the company acquired Hazleton Laboratories Inc., a contract laboratory founded in 1946 and devoted to toxicological research. Environmental Sciences, which previously had purchased Hazleton's animal research division, took its name and continued to grow by further acquisitions.

Mission

Our mission is to improve health and improve lives

Vision

Our vision is to be recognized by clients as:

• The undisputed leader in providing drug development services
• A trusted partner whose hallmarks are
  • Great people
  • High-quality data
  • A proven track record of integrating and streamlining the development process

Values

Our values are to strive for operational and service excellence through a relentless focus on People, Process and Clients

Services

• Bulleted list item
• Research
• Lead Optimization
• Analytical Services
• Safety Assessment
• Consulting
• Clinical Development
• Clinical Testing
• Health Economics & Market Access
• Manufacturing Support
• Informatics

Top 5 Recent Tweets

Date	Author	Comment
April 14, 2023	LabcorpDrugDev	Labcorp is creating a new normal to deliver seamless drug development teams, reduce query resolution hold times and… https://t.co/xDtLy7feBs
April 10, 2023	zobjobsUS	Senior Medical Regulatory Writer at Labcorp Drug Development The Senior Medical Regulatory Writer will be responsib… https://t.co/RjPF4Xarnq

Top 5 Recent News Headlines

Covance wins a Scrip Award for Best Technological Development in Clinical Trials.

References

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Verification history

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