Covance
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Covance

Company nameCovance
Company typePublic (NYSE: CVD)
IndustryContract Research Organizations
Pharmaceutical
Founded1997
HeadquartersPrinceton, New Jersey; facilities in 25+ countries
Key peopleChairman and CEO: Joseph L. (Joe) Herring; Chief Operating Officer: Wendel Barr
Productsdrug development services
nutritional testing and analysis
antibody products and services
animal testing
breeding laboratory animals
Revenue(+)US$1.631 billion USD (2007)
Net income(+)US$175.93 million USD (2007)
Employees9,800+ (2009)

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Covance Inc. (Nyse - CVD), formerly Corning Incorporated, with headquarters in Princeton, New Jersey, is a contract research organization (CRO) providing drug development and animal testing services. According to its website, it is one of the largest companies of its kind in the world, with annual revenues of over $1.7 billion, operations in more than 25 countries, and over 9,800 employees worldwide. It provides the world's largest central laboratory network, and employs a global team of clinical trial professionals and cardiac safety experts. It became a publicly traded company after being spun off by Corning, Inc. in 1997.
Under the name Covance Research Products Inc. (CRP), based in Denver, Pennsylvania, the company also deals in the import and sale of laboratory animals. It is the single largest importer of primates in the U.S. and the world's largest breeder of laboratory dogs. It owns two dog-breeding facilities, two primate centers, and a rabbit-breeding facility.
The company has been the subject of controversy following allegations of primate abuse in its laboratories in Germany and the United States, and a potential outbreak of the Ebola virus.

Latest News : Covance : Tweet this RSS

Research Pharmaceutical files for up to $100 mln IPO - Reuters Tweet this news
Reuters--The clinical research organization competes with companies including -Covance- Inc (CVD.N) and Parexel International Corp. Jefferies & Co, William Blair & Co ... - Date : Fri, 18 Jun 2010 20:32:19 GMT+00:00
Research Pharma Services - Investor's Business Daily Tweet this news
Investor's Business Daily--The firm competed with -Covance- (CVD), among others. The filing didn't say how many shares the company planned to sell or their expected price.--- - Date : Fri, 18 Jun 2010 23:07:10 GMT+00:00
Shares of Covance Inc. (CVD) May Continue to Fall - Market Intellisearch Tweet this news
Market Intellisearch--If shares of -Covance- Inc. climb above the resistance line, the trend of the stock may change. The stock might become bull or neutral and traders may need to ... - Date : Fri, 18 Jun 2010 22:15:29 GMT+00:00
Covance (CVD) Upgrade Alert, Watch for 5.1% Technical Downtrend Reversal - Comtex Smartrend Tweet this news
Comtex Smartrend---Covance- (NYSE:CVD) upgraded to Outperform from Market Perform at Wells Fargo. The stock closed yesterday at $54.29 on volume of 923300 shares, ... - Date : Tue, 15 Jun 2010 11:45:15 GMT+00:00
Covance to Present at William Blair & Company's 30th Annual Growth Stock ... - PR Newswire (press release) Tweet this news
PR Newswire (press release)--Investors may access a live webcast of the presentation at www.-covance-.com. In order to register and download any necessary software, please log on 10 ... - Date : Mon, 14 Jun 2010 14:14:52 GMT+00:00
Covance Earnings Hindsight: 12.13% Decline In 44 Days (CVD) - Comtex Smartrend Tweet this news
Comtex Smartrend--When -Covance- (NYSE:CVD) reported earnings 44 days ago on April 28, 2010, analysts, on average, expected the company to report earnings of ... - Date : Sat, 12 Jun 2010 13:40:36 GMT+00:00
SmarTrend Detects Continued Selling Pressure in Shares of Covance (CVD) - Comtex Smartrend Tweet this news
Comtex Smartrend--SmarTrend identified a Downtrend for -Covance- (NYSE:CVD) on April 29, 2010 at $57.22. In approximately 4 weeks, -Covance- has returned 7.8% as of ... - Date : Sat, 29 May 2010 19:17:25 GMT+00:00
Disney to close all but 2 ESPN Zone sites - Indianapolis Star Tweet this news
Indianapolis Star--(AP) Biotech site opens: -Covance- Inc. this week has opened a 20000-square-foot biotech facility in Greenfield for long-term storage of DNA, blood and other ... - Date : Thu, 10 Jun 2010 11:02:52 GMT+00:00
Covance faces bearish put action - optionMONSTER Research (registration) Tweet this news
optionMONSTER Research (registration)---Covance- has been trending lower for the last six weeks, and now the bears are piling on. optionMONSTER's Depth Charge tracking system detected the purchase ... - Date : Mon, 07 Jun 2010 16:03:40 GMT+00:00
Corning unveils new super-thin glass substrates - Platinum today Tweet this news
Platinum today--Quest Diagnostics and -Covance-, the world's largest reference lab company and clinical research organisation respectively by market capitalisation, ... - Date : Wed, 09 Jun 2010 14:00:43 GMT+00:00



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