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Posted: Wed Feb 01, 2006 8:13 am
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Posted: Wed Feb 01, 2006 8:38 am
Covance From Wikipedia, the free encyclopedia
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.
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 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.
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