Covance Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 10,718

Employees

  • Latest Deal Type
  • Debt Refin.

  • Financing Rounds
  • 6

  • Investments
  • 19

Covance General Information

Description

Provider of contract research services intended to serve drug, medical device and diagnostics, crop protection and chemical industries. The company offers drug development, nonclinical safety assessment, bioanalytical service, clinical trial testing, toxicology, clinical trial management and other consulting services, providing end-to-end drug development support to a wide range of industries.

Contact Information

Website
www.covance.com
Formerly Known As
Corning Pharmaceutical Services, Corning Pharmaceutical Services Inc
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Primary Industry
Drug Discovery
Parent Company
Nao Medical
Corporate Office
  • 210 Carnegie Center
  • Princeton, NJ 08540
  • United States
+1 (609) 000-0000

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Covance Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Covance Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of contract research services intended to serve drug, medical device and diagnostics, crop protection and chemi
Drug Discovery
Princeton, NJ
10,718 As of 2023
00000
000000000 00

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0000 000000000
Durham, NC
00000 As of 0000
00000
000000000 00 00000

000000

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0000000000 00000000
Wilmington, NC
00000 As of 0000
000.00
0000 0000-00-00
000000&0 000.00
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Covance Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Parexel International Private Equity-Backed Durham, NC 00000 00000 000000000 00 00000
Pharmaceutical Product Development Formerly PE-Backed Wilmington, NC 00000 000.00 000000&0 000.00
Sygnature Discovery Private Equity-Backed Nottingham, United Kingdom 0000 000000000 -
Charles River Laboratories International Formerly PE-Backed Wilmington, MA 00000 00.000 000000000 - 00.000
Aragen Life Sciences Private Equity-Backed Hyderabad, India 0000 0000 00000000000 0000
You’re viewing 5 of 24 competitors. Get the full list »

Covance Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Covance Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Covance Investments & Acquisitions (19)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Biomakers 15-Mar-2023 00000 0000 0000 Discovery Tools (Healthcare)
snapIoT 02-Oct-2020 0000000000 Enterprise Systems (Healthcare)
GlobalCare Clinical Trials 01-Jul-2020 0000000000 Clinics/Outpatient Services
RCRI 09-Apr-2019 0000000000 Consulting Services (B2B)
MI Bioresearch 07-Mar-2019 Merger/Acquisition Laboratory Services (Healthcare)
You’re viewing 5 of 19 investments and acquisitions. Get the full list »

Covance Subsidiaries (1)

Company Name Industry Location Founded
Covance Laboratories Pension Scheme Corporate Pension Harrogate, United Kingdom 0000
To view Covance’s complete subsidiaries history, request access »

Covance ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Healthcare

Industry

Rank

Percentile

Medical Services

Subindustry

Rank

Percentile

To view Covance’s complete esg history, request access »

Covance FAQs

  • When was Covance founded?

    Covance was founded in 1996.

  • Who is the founder of Covance?

    John Scarlett MD is the founder of Covance.

  • Where is Covance headquartered?

    Covance is headquartered in Princeton, NJ.

  • What is the size of Covance?

    Covance has 10,718 total employees.

  • What industry is Covance in?

    Covance’s primary industry is Drug Discovery.

  • Is Covance a private or public company?

    Covance is a Private company.

  • What is Covance’s current revenue?

    The current revenue for Covance is 00000.

  • How much funding has Covance raised over time?

    Covance has raised $125M.

  • Who are Covance’s investors?

    Corning, Health Cloud Capital, and Laboratory Corporation of America have invested in Covance.

  • Who are Covance’s competitors?

    Parexel International, Pharmaceutical Product Development, Sygnature Discovery, Charles River Laboratories International, and Aragen Life Sciences are some of the 24 competitors of Covance.

  • When was Covance acquired?

    Covance was acquired on 01-Jul-2001.

  • Who acquired Covance?

    Covance was acquired by Nao Medical.

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