• Text size      
  • Send this article to a friend
  • Print this article

Collagen Solutions reports loss

COLLAGEN Solutions has recorded operating losses of almost £480,000.

The collagen manufacturer, which has its main site in Glasgow, only booked £24,023 of revenue in the 12 months to March 31 this year.

Collbio bought assets from failed Scottish life sciences firm Angel Biotechnology in March last year then did a reverse takeover of AIM-listed investment company Healthcare Investment Opportunities in December.

The directors said they aim to create a biomaterials business valued at £100 million by 2020.

Contextual targeting label: 
Business

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

246541