Full Press Release Details
Launches New Corporate Website to Showcase Recent Developments in Core Business Segments
| Rehovot, Israel, February 4, 2020, CollPlant (NASDAQ:CLGN), a regenerative and aesthetic medicine company, today announced the launch of its updated corporate website. The new website has a clean uncluttered design, improved functionality and enhanced rich content focused on the Company's growth into its core business segments: Medical Aesthetics and 3D Bioprinting of tissues and organs. | |
| Splash page of CollPlant's updated website |
The new website goes live today, February
4, 2020 and is located at the same address: https://www.collplant.com/.
The website redesign coincides with the
Company's latest advancements in each of its business segments:
The site is designed to deliver
quick and intuitive access to key corporate, technology, business segments, and product pipeline, including bioprinting videos
of organ and soft tissue implants.
"We are proud of our new website
as it fully showcases our emerging leadership role in the fields of regenerative and aesthetic medicine. CollPlant was founded
on the belief that our innovative rhCollagen technology platform can be utilized to transform the lives of patients worldwide.
We plan to leverage this new website and our social media platforms to maximize our engagement with all of our stakeholders,"
said Yehiel Tal, CollPlant Chief Executive Officer.
CollPlant's new website will be
updated on a regular basis with news of business activity, corporate milestones, events, and investor and financial information. Visitors
CollPlant is a regenerative and aesthetic
medicine company focused on 3D bioprinting of tissues and organs, and medical aesthetics. Our products are based on our rhCollagen
(recombinant human collagen) that is produced with CollPlant's proprietary plant based genetic engineering technology.
Our products address indications for the
diverse fields of organ and tissue repair, and are ushering in a new era in regenerative medicine. Our flagship rhCollagen BioInk
product line is ideal for 3D bioprinting of tissues and organs. CollPlant has a licensing agreement with United Therapeutics, whereby
United Therapeutics is using CollPlant's BioInks in the manufacture of 3D bioprinted lungs for transplant in humans. The
Company has a collaboration agreement with 3D Systems to advance and accelerate tissue and scaffold bioprinting by delivering an
integrated 3D printer and BioInks solution to third parties. CollPlant's industry collaboration partnerships include the
Advanced Regenerative Manufacturing Institute (ARMI) and RegenMed Development Organization (ReMDO).
For more information about CollPlant, visit
Safe Harbor Statements
This press release may include forward-looking
statements. Forward-looking statements may include, but are not limited to, statements relating to CollPlant's objectives
plans and strategies, as well as statements, other than historical facts, that address activities, events or developments that
CollPlant intends, expects, projects, believes or anticipates will or may occur in the future. These statements are often characterized
by terminology such as "believes," "hopes," "may," "anticipates," "should,"
"intends," "plans," "will," "expects," "estimates," "projects,"
"positioned," "strategy" and similar expressions and are based on assumptions and assessments made in light
of management's experience and perception of historical trends, current conditions, expected future developments and other
factors believed to be appropriate. Forward-looking statements are not guarantees of future performance and are subject to risks
and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Many
factors could cause CollPlant's actual activities or results to differ materially from the activities and results anticipated
in forward-looking statements, including, but not limited to, the following: the Company's history of significant losses,
its ability to continue as a going concern, and its need to raise additional capital and its inability to obtain additional capital
on acceptable terms, or at all; the Company's expectations regarding the timing and cost of commencing clinical trials with
respect to tissues and organs which are based on its rhCollagen based BioInk, dermal fillers for aesthetics, VergenixSTR, and VergenixFG;
the Company's ability to obtain favorable pre-clinical and clinical trial results; regulatory action with respect to rhCollagen
based BioInk, dermal fillers for aesthetics, VergenixSTR, and VergenixFG including but not limited to acceptance of an application
for marketing authorization, review and approval of such application, and, if approved, the scope of the approved indication and
labeling; commercial success and market acceptance of the Company's rhCollagen based BioInk, dermal fillers for aesthetics,
VergenixSTR, and VergenixFG; the Company's ability to establish sales and marketing capabilities or enter into agreements
with third parties and its reliance on third party distributors and resellers; the Company's ability to establish and maintain
strategic partnerships and other corporate collaborations; the Company's reliance on third parties to conduct some or all
aspects of its product manufacturing; the scope of protection the Company is able to establish and maintain for intellectual property
rights and the Company's ability to operate its business without infringing the intellectual property rights of others; the
overall global economic environment; the impact of competition and new technologies; general market, political, and economic conditions
in the countries in which the Company operates; projected capital expenditures and liquidity; changes in the Company's strategy;
and litigation and regulatory proceedings. More detailed information about the risks and uncertainties affecting CollPlant is contained
under the heading "Risk Factors" included in CollPlant's most recent annual report on Form 20-F filed with the
SEC, and in other filings that CollPlant has made and may make with the SEC in the future. The forward-looking statements contained
in this press release are made as of the date of this press release and reflect CollPlant's current views with respect to
future events, and CollPlant does not undertake and specifically disclaims any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
| Contact at CollPlant: | |
| Eran Rotem | |
| Deputy CEO & CFO | |
| Tel: + 972-73-2325600 | |
| Email: Eran@collplant.com Sophia Ononye, PhD MPH MBA Founder & CEO, The Sophia Consulting Firm Tel: +1 347 533-4578 E-mail: sophia@sophiaconsultingfirm.com |