BATTELLE ACQUIRES LARREN CORPORATION'S MEDICAL PRODUCT DEVELOPMENT CAPABILITIES
Battelle announced that it has acquired the medical product development capabilities of the Larren Corp., a Boulder, Colorado, based medical product development firm. The capabilities will become part of Battelle's Medical Product Development unit. "We are very excited to have Larren as a part of the Battelle family," said Battelle President and CEO Douglas Olesen. "Our medical product development business is strong and Larren's capabilities make us even stronger. Larren helps expand the value we deliver to the medical product industry and builds on our reputation as a leading source for innovative medical technology products." "We're very proud to become part of the Battelle organization - one of the world's greatest technology and product development companies," said Larry Blankenship, Larren's President. "Larren's expertise is a perfect match for Battelle's future plans. Our expertise in single-use disposables and therapeutic devices adds new strategic capabilities to Battelle's medical products business." Larren focuses entirely on medical product design and development. Larren will become the Boulder Operations of Battelle's medical product business. "The capabilities acquired from Larren, coupled with the existing expertise across the entire Battelle organization, places Battelle as one of the largest, most comprehensive sources of medical product development in the world," said Rich Rosen, a vice president in the Commercial Division and Battelle's Industry Leader for medical products. Battelle strives to be the recognized leader in technology and product development to enhance the delivery of medical care. By utilizing Larren's capabilities and associated business alliances, Battelle is helping medical product firms improve their ability to compete in a rapidly changing marketplace. Battelle serves industry and government by developing, commercializing, and managing technology, and contributes new innovations to more than 100 commercial products each year.
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