Quoted from the REUTERS
By Jan Lopatka
November 8, 20238:48 PM GMT+3:30, Updated 11 hours ago
Summary
- EU Certification Milestone: Bene Meat Technologies is the first company to receive European Union registration for lab-grown meat for use in pet food.
- Market Goals: Aiming to introduce products to the market next year, the company plans to increase production to several metric tons per day.
- Taste Testing: Plans to test how the lab-grown meat tastes to animals while scaling up production in Prague and exploring new premises.
- Ethical & Environmental Focus: Addresses concerns about ethical issues and environmental impact related to traditional livestock farming by using lab-grown meat.
- Global Market Reach: Aims to market the product globally to pet food makers as a raw material and is in talks with potential partners for supply and production collaborations.
- Long-Term Goals: While focusing on pet food, Bene Meat Technologies also has long-term goals to produce lab-grown meat for human consumption.
- Financial Outlook: Expects to achieve financial self-sufficiency in the coming year and has invested “high single millions” of euros in development.
- Collaborations: Plans to work with pet food makers to potentially set up production lines at their facilities and develop its own brand of final pet food products.
- Technological Process: tilizes cells from live animals, growing them in a bioreactor fed by nutrients, ensuring controlled and traceable production.
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