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Covance Acquires Phase I/IIa Early Clinical Sites

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Covance, Inc. has entered into an agreement to acquire the eight early phase clinical development sites of Radiant Research, Inc. for approximately $65 million. “This acquisition will give Covance a significant expansion of clinical pharmacology bed capacity and broaden our access to special patient populations for Phase Ib/IIa clinical studies,” said Joe Herring, Covance chairman and chief executive officer. “Early phase clinical trials continue to be one of the biggest b...

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