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Lilly, Covance Strategic Alliance Proves Win-Win For Both Companies, Patients
Date:2/26/2010

usiness.
  • Lilly and Covance identified a path to achieving Lilly's goal of "1000 Days to Patient" by reducing drug development cycle times. "1000 Days to Patient" begins when Lilly researchers have identified a lead molecule to begin clinical testing and ends when Phase II efficacy studies begin in patients.

  • Covance successfully conducted 3,800 studies for Lilly in 2009 spanning drug development from Discovery through Phase III clinical trials. These studies were conducted on-time and error free, helping Lilly with its goal of speeding innovation to patients.

  • Lilly is projected to save tens of millions of dollars per year as a result of its packaging of services with Covance.


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SOURCE Covance Inc.
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