Battelle Memorial Institute

Industry
Research and Development
Founded Year
1929
Headquarters
Columbus, Ohio, USA
Employee Count
40000

Key People

  • Lewis Von Thaer - President and CEO
  • Juan Alvarez - Executive Vice President, National Laboratory Management and Operations
  • Kristina Arcara - Chief Audit Executive
  • Russell Austin - General Counsel
  • Shannon Bennett - Senior Vice President, Marketing and Communications
  • Chris Boynton - Chief Financial Officer
  • Wes Hall - Senior Vice President, Philanthropy and Education
  • Mike Haney - Chief Information Officer
  • Aimee Kennedy - Senior Vice President, Human Resources
  • Matt Vaughan - President, Applied Science and Technology Group
  • Storm Woods - Vice President, Enterprise Culture and Programs

Assessment

Team
Aspect: Multiple successful MedTech entrepreneurs
Summary: The leadership team at Battelle Memorial Institute comprises experienced professionals with extensive backgrounds in science, technology, and management.

The leadership team at Battelle Memorial Institute comprises experienced professionals with extensive backgrounds in science, technology, and management. This diverse expertise positions the organization well for innovation and growth.

Clinical Need
Aspect: Very Strong
Summary: Battelle addresses critical needs in national security, healthcare, and environmental research.

Battelle addresses critical needs in national security, healthcare, and environmental research. The organization's focus on pressing global challenges ensures sustained relevance and demand.

Competition
Aspect: Very crowded + Strategics
Summary: The research and development sector is highly competitive, with numerous established players.

The research and development sector is highly competitive, with numerous established players. However, Battelle's strong reputation and diverse capabilities help it maintain a competitive edge.

Technical Challenge
Aspect: Very Complex
Summary: Battelle undertakes complex projects requiring advanced technical expertise.

Battelle undertakes complex projects requiring advanced technical expertise. The organization's history demonstrates its ability to manage and succeed in technically challenging endeavors.

Patent
Aspect: Very Strong
Summary: Battelle has a robust portfolio of patents across various scientific and technological domains.

Battelle has a robust portfolio of patents across various scientific and technological domains. This strong intellectual property foundation supports innovation and commercialization efforts.

Financing
Aspect: Strategics
Summary: As a nonprofit organization, Battelle reinvests its revenue into research and development initiatives.

As a nonprofit organization, Battelle reinvests its revenue into research and development initiatives. This financial model enables sustained investment in innovation without the pressure of shareholder returns.

Regulatory
Aspect: 510k/PMA + Reimbursement
Summary: Battelle's projects often involve navigating complex regulatory environments.

Battelle's projects often involve navigating complex regulatory environments. The organization's experience in managing regulatory processes enhances its ability to bring innovations to market.

Opportunity Rollup

Odds of Success
2.6
Peak Market Share
2.85
Segment CAGR
4.5%
Market Segment
Research and Development
Market Sub Segment
Applied Science and Technology
Year Post Launch Market Penetration (%)
1 0.14
2 0.43
3 1.00
4 2.00
5 2.85

Key Takeaway

Battelle Memorial Institute's strong leadership, diverse expertise, and nonprofit model position it well to address critical global challenges through innovative research and development.