14 Feb 2017 11:24
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 £12.0m 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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