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LabCorp to buy Covance for $6.1 billion
2014-11-04 03:34:18| Biotech - Topix.net
One of the nation's largest medical testing companies, Laboratory Corp. of America Holdings , agreed Monday to buy Princeton, New Jersey-based Covance for approximately $6.1 billion. Covance is a global contract research organization that conducts clinical trials of new drug candidates for pharmaceutical and biotechnology companies.
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LabCorp to spend $6.1 billion on Covance
2014-11-03 13:56:12| Biotech - Topix.net
LabCorp will pay about $6.1 billion in cash and stock to buy Covance in a tie-up that aims to improve clinical trial research for pharmaceuticals. LabCorp said Monday that it will pay $105.12 for each share of the Princeton, New Jersey, company, representing a 32 percent premium to Covance's closing price Friday.
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Covance MarketPlace Connects Biotech with Potential Partners
2014-06-30 01:49:57| Biotech - Topix.net
Covance Inc. has introduced Covance MarketPlace, a solution that enables the company's emerging biotechnology and established pharmaceutical clients to find and forge partnerships in a secure forum.
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