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Thursday, November 26, 2009, 3:34AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Covance Inc. (CVD)On Nov 25: 53.88  Up 0.01 (0.02%)  
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Covance Inc.
210 Carnegie Center
Princeton, NJ 08540
United States - Map
Phone: 609-452-4440
Fax: 609-452-4769
Web Site: http://www.covance.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Healthcare
Industry:Medical Laboratories & Research
Full Time Employees:8,826

BUSINESS SUMMARY 
Covance Inc., a drug development services company, provides early-stage and late-stage product development services primarily to the pharmaceutical, biotechnology, and medical device industries worldwide. Its early stage development services include preclinical services, such as toxicology, pharmaceutical and nutritional chemistry, polyclonal and monoclonal antibody services, and bioanalytical services; and clinical pharmacology services, including first-in-human trials of new pharmaceuticals. The company’s late stage development services include central laboratory services, including biomarker services to biotechnology and pharmaceutical customers; clinical development services comprising the full management of Phase II and III clinical studies, study design and modeling, study orchestration, trial logistics, enablement of study site performance, clinical data management and biostatistical analysis, and medical writing and regulatory services; clinical trial support services that include cardiac safety services; and commercialization services, such as periapproval services and market access services. It also offers laboratory testing services to the chemical, agrochemical, and food industries. The company was founded in 1987 and is based in Princeton, New Jersey.
Key Statistics

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    CORPORATE GOVERNANCE 
    Covance Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 73.2% of S&P 400 companies and 96.1% of Pharmaceuticals, Biotechnology & Life Sciences companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Joseph L. Herring , 53
    Chairman and Chief Exec. Officer
    $ 1.58M $ 3.89M
    Mr. William E. Klitgaard , 55
    Chief Financial Officer, Corp. Sr. VP and Treasurer
    $ 581.00K $ 0
    Mr. Wendel Barr , 47
    Chief Operating Officer and Exec. VP
    $ 670.00K $ 0
    Mr. Richard F. Cimino , 49
    Corp. Sr. VP and Pres of Late Stage Devel.
    $ 680.00K $ 424.00K
    Ms. Deborah L. Tanner , 46
    Corp. Sr. VP and Pres of Central Laboratory Services
    $ 642.00K $ 195.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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