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Covance 3Q

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Covance 3Q Revenues: $415 mlllion (+16%) 3Q Earnings: $45 million (+17%) YTD Revenues: $1.2 billion (+14%) YTD Earnings: $125 million (+17%) Comments: Early development results were up 19% to $200 million, while late-stage services rose 13% to $197 million. During the quarter, the company opened four new facilities: a preclinical ABSL-2 vaccine facility in North America, a preclinical facility expansion in Europe, and two sites in Aisa, a central laboratory and a nutritional chemi...

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