Covance: The Friendly Giant
By Kathryn Ward
Louis Gutierrez

Covance is a goliath of a company, both in the Greater Philadelphia region and worldwide. Headquartered in Princeton, NJ, and with an office in Conshohocken, Pa., Covance is one of the region's leading life science companies. Its Greater Philadelphia location boasts 1,100 employees and $2.9 billion in market capitalization. Globally it has annual revenues greater than $1.3 billion, operations in more than 20 countries, and more than 8,400 employees, making it one of the world's largest and most comprehensive drug development services companies and contract research organizations.

Luis Gutierrez, Jr., president of Covance Commercialization Services, says, "Covance works behind the scenes to demonstrate the safety, the effectiveness, and the cost-effectiveness of a...

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