Insights

Global CRO Strength Covance is a leading global contract research organization within Labcorp, with a strong track record across the full drug development spectrum and relationships with top pharmaceutical and biotech companies. This suggests opportunities to upsell expanded services across nonclinical to clinical development, safety assessment, and translational analytics.

Expansion & Capabilities Recent investments in preclinical oncology facilities and a recognized leadership position indicate capacity to handle larger or more complex programs, including oncology and cell/gene therapy. Sales focus could target sponsors seeking integrated preclinical to early clinical services and specialized oncology assets.

Technologies & Data Heavy tech stack including cloud (Google Cloud Platform), databases (MongoDB), developer tools, and Salesforce, signaling strong data management, analytics, and digital collaboration capabilities. This enables selling advanced data integration, real-time monitoring, and scalable study management solutions.

Awards & Reputation Industry recognition as CRO of the Year and quality awards reinforce credibility with potential clients and regulators. Use this positioning in outreach to reduce sales cycles and build trust with sponsors evaluating CRO partners for risk and quality.

Market Positioning As part of Labcorp with broad coverage and a pedigree of supporting all top 50 prescription drugs, Covance can be pitched as a one-stop shop for sponsors seeking global reach, end-to-end development, and consistent quality across programs, potentially increasing deal size and long‑term partnerships.

Covance Tech Stack

Covance uses 8 technology products and services including GitHub, Salesforce, MongoDB, and more. Explore Covance's tech stack below.

  • GitHub
    Communication And Collaboration
  • Salesforce
    Customer Relationship Management
  • MongoDB
    Database
  • Chrome DevTools
    Development
  • Google Cloud Platform
    Infrastructure As A Service
  • TypeScript
    Programming Languages
  • C++
    Programming Languages
  • Qvidian
    Sales

Media & News

Covance's Email Address Formats

Covance uses at least 1 format(s):
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 July 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 July 2026, Covance has approximately 6.3K employees across 6 continents, including North AmericaEuropeAsia. Key team members include Chief Executive Officer: B. C.Chief Executive Officer: T. B.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 GitHubSalesforceMongoDBChrome DevToolsGoogle Cloud PlatformTypeScriptC++Qvidian.

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 July 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, 2015as a series_unknown.

  • $1B - $10B

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

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, 2015as a series_unknown.

  • $1B - $10B

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

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