- Strategy to expand addressable markets by targeting a broad range of species product types
- Initiated R&D focused on pork cell production processes
MeaTech 3D Ltd., a technology company developing a suite of advanced manufacturing technologies to produce cultured meat products, announced the initiation of cultivated pork research and development activities, focusing on cell lines and technologies for the potential future mass production of cultivated pork.
This expansion of MeaTech’s research and development activities to include pork is part of its strategy to develop a broad cellular agriculture technology offering, which already includes beef and chicken cell lines. Porcine cellular agriculture, if successfully developed, has the potential to expand MeaTech’s potential addressable markets, as pork is currently the most consumed meat across the globe.
Recommended AI News: SonyLIV Enters Into Strategic Partnership With TCS to Transform Customer Experience and Drive Growth
Initial research and development activities are expected to be focused on developing stable porcine cell lines which, if developed, have the potential to initiate cultivated pork biomass production capabilities.
Recommended AI News: Opera Launches Interest-Based Social Clubs in Its Fast Growing Chat Service Hype
Sharon Fima, CEO of MeaTech, commented:
“Our goal is to lead the upcoming agricultural revolution by making tomorrow’s meat safe, plentiful and sustainable. MeaTech is developing a broad range of cultured meat technologies, developing potential alternatives to conventional factory farming of beef, chicken and now, pork. We believe that offering additional cultivated meat product lines can widen our addressable markets, generating additional revenue potential. Our goal is to be similar in all respects to livestock-farmed pork, while offering a significantly more sustainable and slaughter-free production method.”
Recommended AI News: Allied Payment Network Partners With NYDIG
Comments are closed.