Covance

Covance Inc.

Covance Inc. is a global contract research organization (CRO) known for its drug development services provided to the pharmaceutical, biotechnology, and medical device industries. The company has been pivotal in assisting with the development of some of the top prescription drugs in the world.

Covance Logo

LabCorb logo

Overview

Covance offers a comprehensive suite of drug development solutions, including nonclinical safety assessment, clinical trial testing, and commercialization services. Their integrated approach to drug development ensures streamlined processes, enabling clients to bring drugs to market more efficiently.

History

• 1968: Covance's origins can be traced back to this year, although it underwent several transformations before becoming the entity known as Covance.
• 1997: Covance was officially spun off as an independent company.
• 2015: LabCorp, a leading global life sciences company, acquired Covance, merging its comprehensive clinical trial and laboratory capabilities.

Services

• Early Development: Covance assists in the initial stages of drug development, including toxicology, bioanalysis, and ADME services.
• Clinical Development: From Phase I to Phase IV clinical trials, Covance offers full support for clinical studies around the world.
• Commercialization: Covance aids pharmaceutical companies in launching their products and ensuring their commercial success.

Global Presence

With facilities in over 60 countries, Covance has established a vast network to assist clients globally. This worldwide reach ensures consistent and reliable drug development services, regardless of location.

Innovations and Achievements

• Data Solutions: Covance has developed state-of-the-art data solutions to streamline the drug development process, making trials more efficient and cost-effective.
• Awards: Covance has received numerous awards for its contributions to the pharmaceutical industry, including recognition for excellence in clinical research and patient safety.

Partnerships and Collaborations

Covance has collaborated with several pharmaceutical giants and emerging biotechs, leveraging its expertise to expedite the drug development process.

See Also

• Contract research organization
• Clinical trial
• Pharmaceutical industry
• Biotechnology
• LabCorp

References

• [1] "The History of Covance". Covance Inc. Official Archives.
• [2] "The Role of CROs in Modern Drug Development". Journal of Clinical Research.
• [3] "LabCorp's Acquisition of Covance: A New Era". PharmaTimes Magazine.

External Links

• [Covance Official Website]
• [Covance's Contributions to Drug Development - ResearchGate]

This article is a stub. You can help WikiMD by registering to expand it. Editing is available only to registered and verified users. WikiMD is a comprehensive, free health & wellness encyclopedia.