TIDMCOS

Collagen Solutions PLC

14 February 2017

Hardman Research: Funding accelerated growth

Capital increase to support accelerated growth: Collagen Solutions is a biomaterials company developing and manufacturing medical grade collagen components for use in medical devices, research, and regenerative medicine. A number of investment initiatives have been introduced over the last year to accelerate the rate of growth, including global commercial infrastructure and the development of a pipeline of finished medical devices. The company has announced a capital increase, as well as some strategic investor venture debt, to raise gross funds of up to GBP12.0m to fund these initiatives, with a target of generating a five-fold sales increase over five years and profitability in 2019.

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http://hardmanandco.com/docs/default-source/company-docs/collagen-solutions-plc-documents/cos-new-funding-14-feb-2017.pdf

 
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About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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February 14, 2017 06:24 ET (11:24 GMT)

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