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Encyclopedia > Covance
Covance, Inc.
Type Public (NYSE: CVD)
Slogan {{{company_slogan}}}
Founded 1997
Location Princeton, New Jersey; facilities in 17 countries
Key people N/A
Industry Contract Research Organizations
Products drug development services
laboratory animals
Revenue image:green up.pngUS$1.02 billion USD (2004)
Operating Income {{{operating_income}}}
Net Income {{{net_income}}}
Employees ~6,700 (2004)
Parent {{{parent}}}
Subsidiaries {{{subsid}}}
Website www.covance.com

Covance (NYSE: CVD), formerly Hazleton Laboratories, with headquarters in Princeton, New Jersey, is one of the world's largest and most comprehensive drug development services companies, according to its own website, with annual revenues over $1 billion, global operations in 17 countries, and approximately 6,700 employees worldwide. It became a publicly traded independent business after being spun off by Corning, Inc. in 1997. New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world. ... 1997 (MCMXCVII in Roman) is a common year starting on Wednesday of the Gregorian calendar. ... Princeton, New Jersey is the name of a section of Mercer County, New Jersey, United States. ... A contract research organization, or CRO, is an organization (commercial, academic, or other) contracted by the sponsor to perform one or more of a sponsors trial-related duties and functions. ... Pharmacology (in Greek: pharmacon is drug, and logos is science) is the study of how chemical substances interfere with living systems. ... Revenue is a US business term for the amount of money that a company can receive from its activities, mostly from sales of products and/or services to customers. ... Green up arrow for a positive change in revenue from last fiscal year. ... The word billion and its equivalents in other languages refer to one of two different numbers, depending on whether the writer is using the long or short scale. ... The United States dollar is the official currency of the United States. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... EBIT stands for Earnings before Interest and Taxes (operating income). ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... In business, a subsidiary is a company controlled by another company or corporation. ... The front page of the English Wikipedia Website. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE), also nicknamed the Big Board, is the largest stock exchange in the world (by dollar volume) and second largest by number of listings. ... Princeton, New Jersey is the name of a section of Mercer County, New Jersey, United States. ...

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. Denver is a borough located in Lancaster County, Pennsylvania. ... Families 15, See classification A primate (L. prima, first) is any member of the biological order Primates, the group that contains all lemurs, monkeys, apes, and humans. ...

The company has recently been the subject of controversy following allegations of primate abuse in its laboratories in Germany and the United States, and previously in connection with a potential outbreak of the Ebola virus. Species Ivory Coast ebolavirus Reston ebolavirus Sudan ebolavirus Zaire virus Ebola hæmorrhagic fever (EHF — alternatively Ebola hemorrhagic fever; commonly referred to as simply Ebola) is a recently identified, severe, often fatal infectious disease occurring in humans and some primates caused by the Ebola virus. ...

See also

The logo of the Great Ape Project, which is campaigning for a Declaration on Great Apes. ... Non-human primates make up around 0. ... Prof. ... Dr. Tom Regan Tom Regan (born November 28, 1938 in Pittsburgh, Pennsylvania) is an American philosopher and animal-rights activist. ... -1... Richard D. Ryder (born 1940) is a British psychologist who, after performing psychology experiments on animals, began to speak out against the practice, and became one of the pioneers of the modern animal liberation and animal rights movements. ...

External links

  Results from FactBites:
CNN.com - Covance aims to stay on top - Aug. 1, 2001 (749 words)
Covance is what is known as a contract research organization (CRO) which performs testing for pharmaceutical companies, laboratories, and hospitals and managed care companies.
Covance currently does not hold the dominant position in clinical testing that it does in central lab services and preclinical services – Keubler estimated the company ranks about No. 4 in U.S. Phase 3 testing – but the company is hoping the industry is ready to come out of a recent downturn.
While it is Covance's strategy to extend their lead in dominant areas – driving share in the fractured area of central labs and pushing outsourcing for preclinical testing – the plan for clinical trials is simply to increase profitability, which analysts agree with.
The Covance Campaign :: Home page (1148 words)
Covance (once known as Hazleton) are an animal experimentation institute but prefer to call themselves a 'contract research laboratory' there is nothing in the name to suggest the horrors that go on inside their walls.
The bare bones of Covance's work involves regular dosing of different animals until favorable results are obtained, legally allowing manufacturers to market their products regardless of whether they are safe for people or not.
Covance test on a wide range of animals to procure the most attractive results for their clients, dogs, rats, mice, guinea pigs, hamsters, primates, cows, pigs, rabbits and even horses have all been used in experiments, they also breed cats to sell to other labs.
  More results at FactBites »



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