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Utah Life Science Industry Directory
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Covance
| Covance
1121 East 3900 South
Building C, Suite 105
Salt Lake City, UT 84124 |  |
| | | | Phone: | (801) 293-2400 | | Fax: | (801) 313-6495 | | Year Established: | 1981 | | Employees: | 130 | | Ticker: | LH | | Exchange: | NYSE | | Main Contact: | John Ratliff, CEO | | | | Other Contacts: | Jonathan Zung, Group President, Clinical Development
Herman E. Scholtz, MD, VP & GM, Early Clinical Services
John Gransee, CFO
Jonathan Koch, Group President, R&D Laboratories
Honggang Bi, GM, China
Chris Gegelys, General Counsel
Dimitris K. Agrafiotis, PhD, FRSC, Chief Data Officer
Steven Anderson, CSO
| | | | Company Description | Covance is one of the world's largest and most comprehensive drug development services companies with 37 sites in 17 countries and approximately 7,000 employees.
Covance offers development services such as safety assessment, clinical pharmacology, consulting, to late-stage development services that include clinical trial management, central laboratory testing, central diagnostics, and commercializationt.
On Feb. 19, 2015, LabCorp® announced the completion of its acquisition of Covance. At closing, the purchase consideration was valued at $107.19 per Covance share, consisting of $75.76 in cash and 0.2686 LabCorp shares for each Covance share, or an equity value of $6.2 billion and an enterprise value of $5.7 billion. | |
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