Covance Net worth 2024 (estimated)
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Covance facts
- with headquarters in Princeton, New Jersey, is a contract research organization (CRO) providing drug development and animal testing services
- According to its website, it is one of the largest companies of its kind in the world, with annual revenues of over $2 billion, and over 15,000 employees in more than 60 countries
- It claims to provide the world's largest central laboratory network
- It became a publicly traded company after being spun off by Corning Incorporated in 1996
- In 2011 it was listed as one of the top 100 employers by the Diversity Employers Magazine
- Under the name Covance Research Products Inc
- , based in Denver, Pennsylvania, the company also deals in the import, breeding and sale of laboratory animals
- It breeds dogs, rabbits, guinea pigs, non-human primates, and pigs, and runs the largest non-human primate laboratory in Germany
- The company became the subject of controversy following allegations in 2003–2005 by the British Union for the Abolition of Vivisection and People for the Ethical Treatment of Animals that non-human primates were being abused in its laboratories in Germany and the United States
- No violations of the law were found by the authorities in the first case, and a small fine was levied in the second
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