Forensic Laboratories Selected for Colorado Companies to Watch Award

DENVER, April 28 /PRNewswire/ -- Forensic Laboratories, a Denver-based laboratory specializing in toxicology services for drug abuse, has been named one of 50 Colorado Companies to Watch for 2010.  Colorado Companies to Watch is hosted by the Colorado Office of Economic Development and International Trade in partnership with the Edward Lowe Foundation.

The award recognizes second-stage companies that are developing valuable products and services, creating jobs, enriching communities, and creating new industries throughout the state. The winners are recognized for fueling Colorado's economy, accounting for much of the economic growth throughout the state.  Winning companies must be privately held with six to 99 full-time equivalent employees and have $750,000 to $50 million in sales or working capital.

"We are very honored and excited to be recognized as a Colorado Company to Watch," said Michael Gates, vice president for Forensic Laboratories.  "It is a tribute to our entire team who truly understands our core values and who are committed to being part of a successful, growing Colorado-based company."

Earlier this year, Forensic Laboratories unveiled the first oral fluid test for Tapentadol, a new federally approved drug prescribed by pain management doctors.  Tapentadol, approved by the FDA in late 2008, is a narcotic pain reliever used to treat moderate to severe pain.

"Accurate testing is critical for doctors to ensure that patients are compliant in their utilization of the drug," Gates said.  "Oral testing capabilities provide easier, non-invasive collection that potentially eliminates adulterated or substituted samples."

Forensic Laboratories is a centralized laboratory based in Denver with more than 20 years of toxicology experience.  Certified by the Department of Health and Human Services Clinical Laboratory Improvement Amendment (CLIA), Forensic Laboratories utilizes the highest standards of testing and reporting methodologies available to the industry.  Founded in 1986, the company continues to expand testing services for drugs of abuse in human urine, saliva, hair and blood.  The company is an industry leader in Web-based remote data entry and Web-based reporting tools designed to increase the efficacy of drug testing.  Forensic Laboratories seeks test result accuracy derived through a state-of-the-art Laboratory Information System (LIS) for processing, reporting and providing statistical agency and result data.  For more information, visit www.forensiclaboratories.com or call 800-282-6574.

SOURCE Forensic Laboratories