Strong sales as Collagen changes CEO

Collagen Solutions CEO Jamal Rushdy

Glasgow-based Collagen Solutions, a manufacturer of medical grade collagen biomaterials, appointed Jamal Rushdy as chief executive officer to succeed Stewart White, who has moved to the post of chief scientific officer.

Collagen Solutions also provided a trading update that showed preliminary revenue of £3.2 million for the year ending March 31, 2016, which exceeded prior guidance of £2.8 million.

The company said the results had been in part “driven by the early benefits of the company’s implementation of an improved sales process, together with achievement of global sales and integration synergies.”

Collagen Solutions now has dedicated sales people in mainland Europe, Asia and North America.

Rushdy had been appointed chief business officer in November 2015.

Collagen Solutions said Rushdy has more than 20 years’ experience in the medical device sector, “specifically within two mid-size high growth public companies and three successful start-ups.”

“He has a track record of building businesses with successful exits and transforming organisations through integration and performance improvement, adding value through business development and leadership,” said the firm.

Collagen Solutions chairman David Evans said: “I would like to thank Stewart for his tireless efforts to develop a strong biomaterials company.

“As the chief scientific officer, I believe he will bring focus and leadership to our innovation platform.

“As we look ahead to the need for Collagen Solution’s continued growth, we are pleased that Jamal has agreed to take on this additional responsibility.

“Jamal’s experience in global medical technology organisations, and his contribution and recent track record with our company, gives us confidence that he will continue the momentum and execution of our strategic initiatives.”

Rushdy said: “I am excited about the strategy we are pursuing to achieve a leading position in the biomaterials and regenerative medicine market.”

About the Author

Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.