TOLMAR Inc. won the Colorado BioScience Association's Company of the Year award for 2012, the association said Friday.

The Fort Collins-based pharmaceutical company won the life-sciences trade association's highest honor at an awards dinner attended by more than 200 industry leaders Thursday night.

"Our annual awards program showcases and honors those individuals and companies making a significant difference to Colorado's bioscience industry during the past year," BioScience Association April Giles said. "Each honoree joins a list of highly respected past awardees."

TOLMAR was selected last month as a finalist along with two other companies, Bal Seal Engineering Inc. of Colorado Springs and Covidien of Boulder.

As a Company of the Year award recipient, TOLMAR joins LABS Inc., which won last year's award, as well as Amgen Colorado, the 2010 winner, and 2009 winner Accera.