Covance to shut Vienna office, cancel office park Biotech contract research firm Covance Inc. will shutter its Vienna toxicology facility and has scuttled plans to build a new $175 million lab complex in Prince William County’s technology park.

The Princeton, N.J., company cited a weakened market for outsourced toxicology services as the reason behind its decision to close the 112,000-square-foot Vienna location, part of a broader set of cost-saving measures that Covance said would save $40 million in 2011. The company announced a net third-quarter loss of $30.9 million, or 49 cents per share.

Recommended Stories

Hegseth more liked than other possible Blackburn Senate replacements: Poll

DOJ sends target letters to Marc Elias and other Democrats over decoy Dan Sullivan candidacy

Ketanji Brown Jackson accuses Catholic preschools of wanting ‘special rule’ to bar LGBT families in universal preschool case