CollPlant(CLGN)
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First-in-Kind Fully Humanized 3D Bioprinted Human Skin Model Developed by Mayo Clinic Researchers using CollPlant's rhCollagen-Based BioInk
Prnewswire· 2025-10-16 11:00
Core Viewpoint - CollPlant Biotechnologies has announced the development of the first fully humanized 3D bioprinted skin model using its proprietary plant-derived recombinant human collagen (rhCollagen), which offers a sustainable alternative to animal testing for preclinical research and has broad applications in cosmetic and pharmaceutical testing, disease modeling, and drug development [1][7]. Group 1: Technology and Innovation - The 3D bioprinted skin model integrates CollPlant's rhCollagen-based bioinks with essential human skin cell types, enabling the evaluation of drug delivery in a non-animal model [2][7]. - The use of plant-derived rhCollagen allows for high-throughput production of personalized human skin models, which can be applied in regenerative medicine and other medical fields [2][3]. Group 2: Company Overview - CollPlant is focused on regenerative and aesthetic medicine, utilizing 3D bioprinting technologies for tissue repair and medical aesthetics, with products based on its proprietary rhCollagen [4]. - The company has a development and commercialization agreement with Allergan, an AbbVie company, for dermal and soft tissue fillers, indicating its strategic partnerships in the market [5]. Group 3: Market Implications - The innovative skin model represents a significant advancement in reducing animal testing and enhancing the ethical standards of preclinical research, which could lead to broader acceptance and application in the cosmetic and pharmaceutical industries [1][7]. - The results from Mayo Clinic's research validate the potential of rhCollagen-based bioinks for various applications, including in vitro 3D models and regenerative medicine [3].
Morning Market Movers: GLXG, LAC, AIHS, RMSG See Big Swings
RTTNews· 2025-10-01 12:03
Core Insights - Premarket trading is showing notable activity with early price movements indicating potential opportunities before the market opens [1] Premarket Gainers - Galaxy Payroll Group Limited (GLXG) increased by 39% to $5.34 - Lithium Americas Corp. (LAC) rose by 31% to $7.52 - Senmiao Technology Limited (AIHS) gained 22% to $2.45 - The AES Corporation (AES) saw a 10% increase to $14.53 - Strive, Inc. (ASST) also increased by 10% to $2.77 - Shoulder Innovations, Inc. (SI) rose by 9% to $13.78 - Top KingWin Ltd (WAI) increased by 8% to $3.80 - Southland Holdings, Inc. (SLND) saw a 7% increase to $4.61 - CaliberCos Inc. (CWD) rose by 6% to $4.75 - Mannatech, Incorporated (MTEX) increased by 5% to $10.53 [3] Premarket Losers - Real Messenger Corporation (RMSG) decreased by 16% to $2.01 - Etoiles Capital Group Co., Ltd (EFTY) fell by 14% to $14.45 - Enanta Pharmaceuticals, Inc. (ENTA) dropped by 13% to $10.41 - CollPlant Biotechnologies Ltd. (CLGN) saw an 11% decrease to $2.39 - Fortress Biotech, Inc. (FBIO) declined by 10% to $3.30 - Uni-Fuels Holdings Limited (UFG) fell by 9% to $7.52 - Alset Inc. (AEI) decreased by 9% to $2.30 - JFB Construction Holdings (JFB) saw a 5% decline to $12.20 - SHF Holdings, Inc. (SHFS) dropped by 5% to $6.80 - Phio Pharmaceuticals Corp. (PHIO) decreased by 5% to $2.34 [4]
CollPlant Biotechnologies Announces Positive Results from non-clinical Studies of its Photocurable Regenerative Dermal and Soft Tissue Filler
Prnewswire· 2025-09-30 11:00
Core Insights - CollPlant Biotechnologies is advancing its photocurable dermal filler into clinical trials following positive results from its non-clinical program, marking a significant milestone in aesthetic medicine [1][3] - The new dermal filler combines hyaluronic acid with a modified form of recombinant human collagen (rhCollagen), providing both immediate and long-lasting aesthetic benefits [2][3] Product Development - The photocurable dermal filler is administered as a viscoelastic gel and is stabilized using a proprietary illumination device, transforming into a semi-solid implant upon light activation [2][3] - CollPlant's non-clinical program included a one-year in vivo study confirming long-term durability and biocompatibility assessments that comply with international standards, establishing a strong foundation for clinical advancement [3] Strategic Partnerships - In 2021, CollPlant entered into a development and global commercialization agreement with Allergan, an AbbVie company, which is a leader in the dermal filler market [5]
CollPlant to Present at the 2025 International Conference on Biofabrication
Prnewswire· 2025-09-02 11:00
Company Overview - CollPlant Biotechnologies is a regenerative and aesthetic medicine company focused on developing technologies and products based on non-animal-derived recombinant human collagen (rhCollagen) [1][5] - The company aims to innovate in the fields of tissue repair, medical aesthetics, and organ manufacturing through its proprietary plant-based genetic engineering technology [5] Conference Participation - CollPlant will participate in the International Conference on Biofabrication 2025, scheduled for September 14–17, 2025, in Warsaw, Poland [1] - The company will have two presentations during the conference, showcasing its rhCollagen platform and biofabrication applications [2][7] Biofabrication and 3D Bioprinting - The conference will focus on advancements in biofabrication and bioprinting, which are crucial for medical research and the fabrication of complex scaffolds for tissue and organ engineering [2][4] - CollPlant's rhCollagen-based bioinks are highlighted for their controlled rheology, non-animal safety profile, biocompatibility, and tunable mechanical properties, making them suitable for high-fidelity 3D bioprinting [2] International Society for Biofabrication - The International Society for Biofabrication (ISBF) is a non-profit organization that promotes research and development in biofabrication, including 3D printing of tissues and regenerative medicine [3] - The ISBF organizes the annual International Conference on Biofabrication, which has grown to attract over 500 participants from various countries since its inception in 2006 [4]
CollPlant to Participate in the Upcoming 27th Annual H.C. Wainwright Global Investment Conference
Prnewswire· 2025-08-25 11:00
Company Overview - CollPlant Biotechnologies is a regenerative and aesthetics medicine company focused on developing technologies and products based on non-animal-derived recombinant human collagen (rhCollagen) [1][3] - The company specializes in 3D bioprinting of tissues and organs, tissue repair, and medical aesthetics [3] Recent Developments - CollPlant will participate in the 27th Annual H.C. Wainwright Global Investment Conference on September 8th and 9th, 2025, at the Lotte New York Palace Hotel [1] - Investors can request one-on-one meetings with CollPlant representatives during the conference [2] Strategic Partnerships - In 2021, CollPlant entered into a development and global commercialization agreement for dermal and soft tissue fillers with Allergan, a subsidiary of AbbVie, which is a leader in the dermal filler market [4]
COLLPLANT BIOTECHNOLOGIES REPORTS 2025 SECOND QUARTER FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE
Prnewswire· 2025-08-20 11:00
Core Insights - CollPlant Biotechnologies is advancing its photocurable dermal filler program and has made significant progress in preclinical testing, preparing for clinical trials [3][4][5] - The company raised $3.6 million in a registered direct offering in the second quarter of 2025, providing financial flexibility for ongoing initiatives [17][19] - CollPlant's regenerative breast implant program aims to address a multi-billion-dollar market, focusing on safety and durability compared to existing solutions [8][10][12] Financial Performance - GAAP revenues for Q2 2025 were $179,000, a decrease from $249,000 in Q2 2024, primarily due to reduced sales of rhCollagen-based products [21] - For the first half of 2025, GAAP revenues increased to $2.2 million from $347,000 in the same period of 2024, largely due to a $2 million milestone payment from AbbVie [22][23] - GAAP net loss for Q2 2025 was $3.3 million, or $0.28 per share, an improvement from a net loss of $4.2 million, or $0.37 per share, in Q2 2024 [31] Product Development and Collaborations - The photocurable dermal filler is designed for superior skin lifting and rejuvenation, generating interest from leading medical aesthetics companies [3][4] - CollPlant has a collaboration with AbbVie, which includes a worldwide exclusive license for combining rhCollagen technology with AbbVie's products for dermal fillers [6][7] - The company is also expanding its international distribution network for its Vergenix™ STR tendon-repair product, which has received CE Mark approval and is marketed primarily in Europe [13][15] Market Position and Strategy - CollPlant's regenerative breast implants are positioned to be first-to-market with a solution that promotes natural tissue regeneration and avoids immune rejection [10][12] - The company is focusing on non-animal-derived collagen solutions, aligning with industry trends towards more sustainable and ethical medical products [20] - The appointment of a new Vice President for Commercial North America aims to enhance the company's market presence and commercial strategy in key regions [19]
COLLPLANT BIOTECHNOLOGIES ANNOUNCES DATE FOR SECOND QUARTER FINANCIAL RESULTS
Prnewswire· 2025-08-05 11:00
Company Overview - CollPlant Biotechnologies is a regenerative and aesthetic medicine company focused on 3D bioprinting of tissues and organs, tissue repair, and medical aesthetics [2] - The company's products are based on rhCollagen (recombinant human collagen) produced using proprietary plant-based genetic engineering technology [2] Recent Developments - CollPlant will report its financial results for the second quarter on August 20, 2025, before the opening of U.S. financial markets [1] - In 2021, CollPlant entered into a development and global commercialization agreement for dermal and soft tissue fillers with Allergan, a leader in the dermal filler market [3]
CollPlant Appoints Collagen Biomaterials Expert as New Head of North America Commercial Operations
Prnewswire· 2025-07-14 11:00
Core Viewpoint - CollPlant Biotechnologies has appointed Bowman Bagley as Vice President, Commercial North America, to enhance its growth strategy and market presence for rhCollagen products [1][2]. Company Overview - CollPlant is focused on regenerative and aesthetic medicine, utilizing non-animal-derived recombinant human collagen (rhCollagen) for its products [5]. - The company aims to innovate in areas such as 3D bioprinting, tissue repair, and medical aesthetics [5]. Leadership Appointment - Bowman Bagley will oversee the commercial strategy, including sales, marketing, and logistics for CollPlant's rhCollagen-based products in North America [1][2]. - Bagley has extensive experience in collagen-based biomaterials and has held leadership roles in sales and product development [2][3]. Strategic Goals - The appointment of Bagley is expected to accelerate the growth of CollPlant's bioinks portfolio and expand rhCollagen sales in both research markets and strategic collaborations [2]. - The company has previously entered into a significant agreement with Allergan for dermal and soft tissue fillers, indicating a strong market position [6].
COLLPLANT BIOTECHNOLOGIES ANNOUNCES EUROPEAN PATENT ALLOWANCE SECURED FOR ITS COLLAGEN-BASED FORMULATIONS USABLE AS SOFT TISSUE FILLERS AND IMPLANTS
Prnewswire· 2025-06-04 11:00
Core Insights - CollPlant Biotechnologies has received a patent approval from the European Patent and Trademark Office for its injectable fillers and regenerative breast implant candidates, which are aimed at the aesthetic and reconstructive markets [1][3]. Group 1: Company Developments - The newly allowed patent application covers CollPlant's injectable soft tissue fillers and organ manufacturing technology related to its regenerative breast implant pipeline [2]. - The patent is effective until 2041 and is a key part of the company's strategy to expand its rhCollagen technology into high-value markets [3]. - CollPlant is focusing on building protection around its proprietary technology, enhancing its competitiveness in the aesthetic and reconstructive markets [3]. Group 2: Market Potential - The market for injectable soft-tissue fillers is currently estimated to exceed $6 billion, while the addressable market for breast implants is over $3 billion [3]. - The soft tissue fillers market is projected to grow at a rate of 10%, reaching an estimated $6.3 billion annually [5]. - The regenerative breast implants are designed to regenerate natural breast tissue without triggering an immune response, addressing a significant unmet need in the market [6][7]. Group 3: Product Innovations - CollPlant is developing a photocurable regenerative dermal filler that combines rhCollagen with other substances, intended to provide lifting, sculpturing, and tissue regeneration effects [4]. - The photocurable filler is designed to be injected in a semi-liquid phase and hardens post-injection through light illumination, simplifying the injection process [5].
COLLPLANT BIOTECHNOLOGIES ANNOUNCES $3.6 MILLION REGISTERED DIRECT OFFERING PRICED AT-THE-MARKET UNDER NASDAQ RULES
Prnewswire· 2025-05-30 11:00
Core Viewpoint - CollPlant Biotechnologies has announced a definitive agreement for the issuance and sale of 1,200,002 ordinary shares at a price of $3.00 per share, aiming to raise approximately $3.6 million to support its business operations and R&D initiatives [1][2]. Group 1: Offering Details - The offering includes a registered direct offering and a concurrent private placement for the same number of shares at the same price [1][2]. - The warrants issued in the private placement will be exercisable immediately and have a term of three and a half years [1][2]. - The offering is expected to close around June 2, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including collaboration with AbbVie on a dermal filler product candidate, working capital, and funding research and development programs [2]. Group 3: Company Background - CollPlant specializes in regenerative and aesthetic medicine, focusing on 3D bioprinting of tissues and organs, tissue repair, and medical aesthetics [6]. - The company’s products are based on rhCollagen, produced using proprietary plant-based genetic engineering technology [6]. - In 2021, CollPlant entered into a development and commercialization agreement for dermal and soft tissue fillers with Allergan, a subsidiary of AbbVie [7].