Medtech contract research organization Factory-CRO Group is changing its name to Avania.
Formed from Boston-based Boston Biomedical Associates (Marlborough, Mass.), Factory CRO (Bilthoven, Netherlands), Five Corners (Artarmon, Australia), and MileStone Research Organization (San Diego), Avania said it brings together regional teams of experts across a wide range of therapeutic specialties, including medical devices, novel technology and combination products.
Boston Biomedical Associates merged with Factory CRO in January 2019. Factory CRO acquired Five Corners in June 2018 and MileStone Research Organization in 2017.
“We recognize that the timing of a new brand launch during the COVID-19 pandemic is unusual. However, Avania has the unique advantage of having a global perspective in managing complex challenges, built on 30 years of experience, ” said Avania president & CEO Sapna Hornyak in a news release. “We have created a better kind of medtech CRO, one that is specialized and worldwide. Our motivated team is known for navigating medical technology to market effectively and efficiently, with expertise and integrity.”
