Hey, sorry for the delay in replying.
I can't be certain, but I'm guessing they overlap in much the same way that an MD/PhD degree would do. My DVM will give me a good background in general medicine while my PhD will allow me to dive in-depth into a topic of interest. It's not for everyone, but I personally have never been interested in the typical private practitioner path for the DVM.
I'm going to walk you through my specific case instead of a general DVM/PhD guide. I think everyone enters the program for their own reasons. In my case, I'd like to enter public health fields. My DVM degree will give me an excellent background in general medicine, especially zoonotic diseases and infectious disease theory in general (I've heard DVM emphasizes more infectious, especially parasitology, while MD has more about gerontology, genetics, and oncology). It can also give me some clinical experience so that I'm better able to apply what I learn in the lab to practicing medicine in the field.
My PhD is (roughly) about studying heart disease and diabetes. I'm using animal models, but the eventual research is aimed more at these diseases in humans. The PhD will allow me to explore these chronic diseases from something a little closer to a human medical perspective. I also appreciate getting to meet physicians at conferences and hear about the human medicine side. The diseases may function the same, but the medicine is a little different when the patient can understand you and administer their own treatment.
As far as area under the curve... I'm really not familiar with it outside of the glucose tolerance assay. I'm betting it's used in other assays. I would guess that it gets used in pharmacokinetics a lot (calculating rate of change?), but I really don't know. I would try to find some neuroendocrinology experts and ask them.