This Company Could Take Lab-Grown Meat Mainstream Thanks to a Green Light From the FDA

A Fork & Good representative said the company expects to"sell at the cost of meat of the same value," while a BlueNalu representative said it aims to"offer products at or close to price parity," but says it's"not in a position to provide details around cost" since it has yet to bring a product to market.

That's been a common go-to-market strategy for similar companies, Swartz pointed out, adding that Impossible Foods took that approach in 2016 when it launched its products at David Chang's Momofuku Nishi in New York City. In fact, cultivated-meat companies may never compete with traditional meat in price, Swartz said, but in order to demonstrate true proof of concept, they'll have to at least demonstrate that they can make products in accordance with their estimated pricing models.

In 2021, Upside opened its first production facility in Emeryville, California, a 53,000-square-foot space powered entirely by renewable energy. At that facility, Upside tests new technologies and processes to determine what changes need to happen in order to scale up, Chen said. After Upside launches its first consumer product, the cultivated chicken fillet, its next debut will be ground products made up of both animal cells and other ingredients, including vegetables and plant-based proteins.

The FDA's clearance was a voluntary premarket consultation, which means the agency has no further questions about the safety of Upside's products. Now, Upside must meet the same stringent FDA requirements as any other food product, includingIn March 2019, the FDA and the U.S. Department of Agriculture agreed to afor handling foods made with animal-cell technology.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Snowflake stock rises after report says company is in talks to buy AI search startupShares of Snowflake Inc. were rising 2% in morning trading Thursday after The Information reported that the software company was in advanced talks to acquire...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Little Car Company Wild One Max: Tamiya tribute gets some Hop UpsCAR magazine UK takes a look at the updated Little Car Company Wild One Max with more power, range and seats. Set for 2024 production, has it been worth the three year...
Fonte: CARmagazine - 🏆 382. / 55 Consulte Mais informação »

Nvidia stock rises after company announces new graphics cards in GeForce RTX 4060 familyNvidia Corp. shares were rising 2% in morning trading Thursday after the company announced two new graphics cards featuring the company’s Ada Lovelace...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Life after Tucker: Lachlan Murdoch says Fox does ‘best thing for the company in long term’Fox Corp. Executive Chairman and CEO Lachlan Murdoch defended the company's strategic vision after the break-up with top-rated news host Tucker Carlson, saying the network's focus is on doing 'the best thing for the company' in the long haul.
Fonte: WashTimes - 🏆 235. / 63 Consulte Mais informação »

Supreme Court sidesteps ruling on scope of internet company immunity from lawsuits over user contentThe justices skipped discussion of the scope of legal immunity under Section 230 of the Communications Decency Act.
Fonte: NBCNews - 🏆 10. / 86 Consulte Mais informação »

Sam Zell, real estate mogul and one-time owner of Tribune Company, diesSam Zell, a real estate mogul and one-time owner of the Tribune Company, has died.
Fonte: ABC7Chicago - 🏆 284. / 63 Consulte Mais informação »