Insights

Global CRO leader Covance is a leading full‑service CRO with a broad track record across top pharma and biotech programs, highlighting potential for expanding strategic partnerships, multi‑drug development programs, and long‑term outsourcing engagements.

Full‑spectrum capabilities As the world’s most comprehensive drug development CRO, Covance offers nonclinical, clinical, and specialized services (including cell and gene therapy focus) that can unlock upsell opportunities across the entire development timeline for existing clients seeking a single vendor ecosystem.

Innovation and tech Investments in assets and advanced tech stack (Tableau, Kubernetes, Jira, Splunk, AEM) signal a modernization trajectory that can be leveraged to offer data‑driven trial optimization, faster study delivery, and scalable cloud‑native solutions to prospective clients.

Awards and credibility Industry recognition (CRO of the Year 2020, Markie awards, quality awards) enhances credibility when pursuing new logos, expanded scopes with current customers, and competitive distinctions in bids.

Growth signals Recent expansions in preclinical oncology facilities and leadership in cell and gene therapy indicate growing capacity and specialization, presenting cross‑sell potential to biopharma companies accelerating oncology and advanced therapy programs.

Similar companies to Covance

Covance Tech Stack

Covance uses 8 technology products and services including Tableau, Ansible, Kubernetes, and more. Explore Covance's tech stack below.

Media & News

Covance's Email Address Formats

Covance uses at least 4 email formats:
Covance Email FormatsExamplePercentage
First.Last@covance.comJohn.Doe@covance.com
96%
Last.First@covance.comDoe.John@covance.com
2%
FirstLast@covance.comJohnDoe@covance.com
1%
First.Middle@covance.comJohn.Michael@covance.com
1%

Frequently Asked Questions

What is Covance's phone number?

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You can contact Covance's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Covance's stock symbol?

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Covance is a publicly traded company; the company's stock symbol is CVD.

What is Covance's official website and social media links?

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Covance's official website is covance.com and has social profiles on LinkedIn.

How much revenue does Covance generate?

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As of August 2026, Covance's annual revenue is estimated to be $1B - $10B.

What is Covance's NAICS code?

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Covance's NAICS code is 5417 - Scientific Research and Development Services.

How many employees does Covance have currently?

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As of August 2026, Covance has approximately 6.2K employees across 6 continents, including North America, Europe and Asia. Key team members include Chief Executive Officer: B. C., Chief Executive Officer: T. B. and Chief Information Officer & Gm Software Systems: B. O. Explore Covance's employee directory with LeadIQ.

What industry does Covance belong to?

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Covance operates in the Research Services industry.

What technology does Covance use?

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Covance's tech stack includes Tableau, Ansible, Kubernetes, Adobe Experience Manager, Hyperion, Oracle PeopleSoft, Atlassian Jira and Splunk.

What is Covance's email format?

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Covance's email format typically follows the pattern of First.Last@covance.com. Find more Covance email formats with LeadIQ.

How much funding has Covance raised to date?

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As of August 2026, Covance has raised $1.3M in funding. The last funding round occurred on Apr 21, 2015.
Covance logo

Covance

Research ServicesNew Jersey, United States5001-10000 Employees

Covance, Inc. operates as the drug development subsidiary of Labcorp, positioned in the research services sector as a contract research organization. It is a comprehensive CRO that has supported pharmaceutical and biotechnology companies in bringing all of the top 50 prescription drugs to market. The company emphasizes its broad experience and specialized expertise, offering insights that go beyond testing to help turn research potential into viable therapies. Based in Princeton, New Jersey, Covance functions as part of Labcorps drug development business. 

Its client base consists of pharmaceutical and biotechnology developers seeking end-to-end development support to address the challenges of advancing drug candidates. Within the broader CRO and research services landscape, Covance is positioned as a leading partner capable of providing comprehensive drug development services. A recent development involves Covance Drug Development investing in preclinical oncology facilities in Ann Arbor, Michigan, signaling ongoing expansion of its preclinical capabilities. The organization maintains a sizable workforce and serves clients across the drug development lifecycle.

Section iconCompany Overview

Phone number
Stock Symbol
CVD
NAICS Code
5417 - Scientific Research and Development Services
Employees
5001-10000

Section iconFunding & Financials

  • $1.3M

    Covance has raised a total of $1.3M of funding over 1 rounds. Their latest funding round was raised on Apr 21, 2015 as a Venture Round.

  • $1B - $10B

    Covance's revenue is estimated to be in the range of $1B - $10B

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