Labquality

Labquality acquires Lean Entries to strengthen its consulting service offering

Press release, Helsinki Finland, 08.02.2021

Labquality corporation acquires the majority of Lean Entries corporation’s shares. Lean Entries is a Finnish start-up company whose innovative digital platform, Entries, in combination with their expertise and training services on medtech regulations strengthen Labquality’s service offering.

Entering the medtech market requires remarkable resources, and each innovation faces the challenge of complying with numerous regulatory requirements that must be successfully fulfilled. The Entries platform and the service concept built around it offer a fast and convenient way to speed up the market entry of new medical device innovations and products. Entries helps health technology developers and start-ups to increase and deepen their regulatory knowledge, thereby enabling them to develop viable and safe solutions efficiently for the international healthcare market.

The acquisition of Lean Entries strengthens Labquality’s position as the leading quality consultancy and service provider in the healthcare and health technology industries. ’Lean Entries fits perfectly to Labquality’s product and service portfolio. Their digital focus and the adaptable Entries platform enable a broader and more versatile consulting and service offering to our new and existing customers. In our field we can provide time savings measured in years and this way boost the growth of the medical technology industry. Furthermore, the adaptable digital platform is not limited to any industry boundaries.’, says CEO Juha-Pekka Nuutinen from Labquality.

Lean Entries continues doing business as a part of Labquality. ’For Lean Entries, joining the Labquality family opens up opportunities for growth and more international reach. The regulations and other information in the field of medical technology and laboratory diagnostics can now be molded on the Entries platform more efficiently with all Labquality’s expertise backing us up. We aim at a digital offering that reduces the processing of information from weeks to minutes, enabling our customers to focus on the most challenging topics with Labquality’s experts.’ says Heikki Pitkänen who manages the Lean Entries business and will remain a company shareholder. The acquisition does not have any impact on the current customer relations, partnerships or personnel of Lean Entries.

For queries, please contact:

Juha-Pekka Nuutinen

CEO, Labquality

+358 40 828 3210 / jp.nuutinen(@)labquality.fi

Labquality

Labquality is a Finnish company providing services to social and healthcare and medical technology industries, promoting quality and patient safety via independent quality assessments, certification, regulatory consulting and education services. We also offer quality controls and reference materials for quality assurance in medical laboratories and point of care testing. Currently, we have 6500 customers in over 50 countries. Labquality is part of COR Group. For more information, please visit www.labquality.com.