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Covance Enters Into a Biomarker Alliance With Rules-Based Medicine, Inc.
Date:11/18/2009

on, and the purchase of a minority equity stake in Caprion Proteomics rounds out our comprehensive biomarker offering."

"Comprehensive, accurate, and reproducible biomarker testing can improve drug development programs by stratifying clinical trial subjects and providing sensitive measurements of drug safety and efficacy," said Craig Benson, RBM president and chief executive officer. "By leveraging Covance's market-leading central laboratory and world-class scientific talent, along with RBM's multiplexing capabilities and broad biomarker menu, we aim to help pharmaceutical and biotechnology companies enhance the effectiveness and success of their clinical trials."

About Covance

Covance, with headquarters in Princeton, New Jersey, is one of the world's largest and most comprehensive drug development services companies with annual revenues greater than $1.7 billion, global operations in more than 25 countries, and more than 10,000 employees worldwide. Information on Covance's products and services, recent press releases, and SEC filings can be obtained through its website at www.covance.com.

About Rules-Based Medicine, Inc.

Rules-Based Medicine (RBM) is a CLIA-certified biomarker testing laboratory that solves complex therapeutic development, diagnostic and treatment challenges with innovative products and services. The Company's proprietary Multi-Analyte Profiling (MAP) platform makes the drug discovery and development process more efficient and effective by providing pre-clinical and clinical researchers with reproducible, quantitative, multiplexed immunoassay data for hundreds of proteins from small sample volumes. Building on the MAP platform, RBM has developed a host of solutions including: a self-contained whole-blood culture system that brings reproducibility and simplicity to ex vivo immune response measurement; novel and
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SOURCE Covance Inc.
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