COLLPLANT BIOTECHNOLOGIES REPORTS 2024 THIRD QUARTER FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE
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CollPlant Biotechnologies reported its 2024 Q3 financial results, highlighting promising pre-clinical study results for its rhCollagen-based breast implants, targeting a $3 billion market. The company holds $15.4 million in cash as of September 30, 2024.
November 27, 2024 | 12:15 pm
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CollPlant Biotechnologies announced promising pre-clinical results for its rhCollagen-based breast implants, indicating significant market potential. The company reported a cash balance of $15.4 million as of Q3 2024.
The promising pre-clinical results for CollPlant's breast implants suggest potential future revenue growth, positively impacting investor sentiment. The $15.4 million cash balance provides financial stability, supporting ongoing R&D and operations.
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