Collagen Solutions expects 30% revenue jump

Jamal Rushdy

Glasgow-based Collagen Solutions, a manufacturer of medical grade collagen biomaterials, said in a trading statement it expects its revenue and other income to be £1.9 million for the six months to September 30, a 30% increase compared to the same period last year.

“Operationally this period has seen the benefits of the new strategy that has been implemented following the appointment of Jamal Rushdy as CEO in May of this year, including specific strategic initiatives focused on building core business scalability and advancing the R&D pipeline,” said the company.

Rushdy said Collagen Solutions had now completed the hiring and training of additional direct sales channel staff, with commercial managers now based in the United States, Korea, and UK.