Research-driven biotech company Holista Colltech has received a $501,250 grant from the Western Australian government, via the Collie Futures Industry Development Fund, to expand their production of collagen.
Holista Colltech has developed and patented a unique technique to produce high quality collagen from sheep skins. The company currently exports this collagen for use in cosmetics manufacturing in Asia and the EU.
This project will enable Holista Colltech to expand production to higher-quality, medical-grade collagen.
“This is a fantastic opportunity to support a locally based biotech operation to expand its range of value-add products from the local agricultural industry,” Regional Development minister Alannah MacTiernan said.
“Our government is proud to support local business to produce innovative and premium products that compete on a global stage.”
Medical-grade collagen will be used as a wound healing aid in burn patients, bone reconstruction, cosmetic surgery and a vast number of dental and surgical purposes.
The biotech company has operated in Collie for 12 years with operations in Malaysia and North America, however the Collie plant is Holista Colltech’s only Australian collagen production facility.
“Holista has a strong track record operating in Collie for 12 years, with this expansion to enable six new full-time jobs to be created locally within the first three years,” MacTiernan said.
“The project could potentially place Collie at the forefront of global collagen production for medical applications.”
The Collie Futures Industry Development Fund grant will cover the expansion of the production facility through integrating new technology and upgrading plant equipment. It will enable a four-fold increase in production to four tonnes of collagen per month.
“The Western Australian government is delivering on its commitment to support economic diversification and local jobs in Collie,” Collie-Preston MLA Jodie Hanns said.
“Projects like this help our local economy to grow, creating long-term jobs for local people and putting Collie on the map as a place to invest.”