Labcorp Drug Development

Labcorp Drug Development
Company typeSubsidiary of Labcorp
Industry
Founded1968 as Environmental Sciences Corporation; 1996 as Covance
HeadquartersBurlington, North Carolina, U.S.; facilities in over 60 countries
Key people
Services
  • Pharmaceutical Development
  • nonclinical, preclinical, clinical and commercialization services
Number of employees
70,000+ (2020)

Labcorp Drug Development presently known as Fortrea is a contract research organization headquartered in Burlington, North Carolina, providing nonclinical, preclinical, clinical and commercialization services to pharmaceutical and biotechnology industries. Formerly called Covance,[3] the company is a spin-off from Labcorp, which employs more than 70,000 people worldwide.[4]

Labcorp Drug Development offers services in the preclinical, clinical and post-market phases of drug development, the product life cycles for medical device and diagnostics and development services paired with regulatory support for the chemical testing and crop protection industries. Labcorp Drug Development claims to be a global leader in nonclinical safety assessment, clinical trial testing and clinical trial management services.[3]

  1. ^ "Labcorp Announces New Leadership Roles for Its Two Business Segments and Selects New Chief Human Resources Officer". Labcorp. Retrieved November 11, 2019.
  2. ^ "Archived copy". Retrieved October 16, 2018.
  3. ^ a b About labcorp drug development
  4. ^ "About Us".