BYND - Singapore becomes first to approve lab-grown meat
We've already seen the disruption from plant-based meat suppliers like Beyond Meat (BYND) and Impossible Foods (IMPF), but another nascent technology that aims to revolutionize meat production has taken a step forward.California food startup Eat Just just won Singapore government approval to sell chicken grown from poultry cells, which are produced in bioreactors without the slaughter of an animal.The company already produces a range of non-animal products, including Just Egg, made with mung beans, and a vegan mayonnaise, but the approval of cultured meat is being hailed as a landmark moment in the industry.The technology has drawn investments from major meatpackers like Cargill and Tyson Foods (TSN), and Eat Just is in discussions with American regulators on a potential commercial launch in the U.S.Producing meat in bioreactor tanks from animal cells is still far more expensive than raising and slaughtering chickens, cattle and hogs, but the hope is that the
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Singapore becomes first to approve lab-grown meat