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Collagen Solutions inks significant manufacturing deal for wound-healing product

Jamal Rushdy, chief executive of Collagen Solutions PLC (LON:COS), discusses with Proactive Investors a manufacturing agreement that's been reached for the Excellagen product with Olaregen Therapeutix - a New York-based firm focused on products in the wound care market.

Collagen will manufacture Excellagen for Olaregen following a deal signed in September 2018 between the latter and US biotechnology firm Gene Biotherapeutics, for whom Collagen originally made the product and assisted in its development.

Excellagen is designed to treat wounds that are often complex and difficult to heal such as diabetic foot ulcers, burns, and venous (leg) or pressure ulcers among others.

Quick facts: Collagen Solutions PLC

Price: 3.2 GBX

Market: LSE
Market Cap: £14.2 m

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Collagen Solutions reports strong growth in its tissue business in first half

Collagen Solutions PLC's (LON:COS) Jamal Rushdy and Hilary Spence update Proactive London's Andrew Scott on first half performance - their third consecutive six-month period of double-digit sales growth. Revenues increased by 14% to £2.23mln in the period ended September 30. Tissue sales more...

on 3/12/19

2 min read