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Collagen Solutions Inks Histogenics Supply Deal For NeoCart Product

Wed, 16th Sep 2015 08:56

LONDON (Alliance News) - Medical-grade collagen components manufacturer Collagen Solutions PLC on Wednesday said it has signed a supply deal with Histogenics Corp, a regenerative medicine company focused on products for the musculoskeletal sector.

The supply deal will involve Collagen supplying additional collagen materials for Histogenics' NeoCart tissue implant product for repairing knee cartilage damage. The partnership may involve additional future Histogenics products.

No financial details were disclosed on the deal.

Collagen shares were flat at 12.5 pence on Wednesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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