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Covance

Latest Headlines

Latest Headlines

Covance is creating an OkCupid for molecules

As last week's BIO conference well illustrated, biotech companies go to great lengths to flaunt their assets in front of potential partners from Big Pharma. Global CRO Covance is developing a system it believes can make that process more efficient: an online platform that allows drug developers to securely list their up-for-license molecules for would-be collaborators.

Covance dials up its postmarket biz with latest buy

Global CRO Covance is looking to expand its share of the drug-commercialization space, buying up a U.K. market access specialist to help its clients sell their approved products.

Covance slips after narrowing its 2014 ambitions

Covance's shares fell as much as 10% after the CRO ​missed its internal sales goals in the first quarter and dialed down its revenue projection for the year.

Covance dials up its biologics offerings, adding 100 new jobs

Global CRO Covance is expanding its heft in biologics development, plotting to double its capacity over the next 5 years.

Covance's sales soar on a jump in late-stage testing

Global CRO Covance boosted its revenue by about 11% last quarter, capping off a banner year in which the company outstripped its financial targets.

Covance adding 100 jobs in U.K. nutrition expansion

Covance is betting on a boom in the demand for nutritional chemistry and food safety services, planning to cut the ribbon on a 10,000-square-foot lab in the U.K.

Analyst: CROs like Covance and Icon will take the lead on IT and genomics

With the spiraling amount of time and money needed to bring a drug to market weighing heavy on their Big Pharma clients, CROs have invested in efficiency boosting technology to gain a competitive edge. And the trend is tipped to continue, with an analyst predicting CROs will be at the forefront of developments in IT and genomics in 2014.

Covance taps NeoGenomics for cancer trial diagnostics

Global CRO Covance has struck up a deal to expand its diagnostics capabilities in oncology trials, partnering with NeoGenomics to bolster its anatomic pathology and specialty lab testing.

Covance partners up for biologics safety testing

As regulators the world over clamp down on biologics development, Covance has struck up a partnership with Pathoquest to offer next-generation sequencing-based tests for biotherapeutics.

Covance ups expectations thanks to booming lab biz

Global CRO Covance rode a spike in demand for its late-stage services to a solid third quarter, increasing its revenue guidance and counting on a bump in business to light the way for Q4.