StockMarketWire.com - Collagen Solutions plans to relocate its US R&D headquarters from San Jose to Minneapolis in the first half of this financial year.
Collagen Solutions said its business development activities relied on the close coordination between its global commercial and R&D teams and this move would bring these functions together at the same location.
It said the team would be led by global research and development vice-president Chris Wattengel, who has recently joined from Kensey Nash/DSM after a 16-year tenure, where he was involved in multiple 510(k) and CE-marked product clearances.
The group also announced that Dr. Stewart White would step down from the role of chief scientific officer and leave the board to pursue other opportunities.
It said this change would be effective from 30 June to ensure a smooth transition.
After this time he would remain in a consultancy role and continue to participate as a member of the scientific advisory board.
At 9:49am: [LON:COS] Collagen Solutions Plc share price was 0p at 5p
Story provided by StockMarketWire.com
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