Steakholder Foods Begins Use Of Agency-Approved Animal Source For Development Activity

Comments
Loading...
  • Steakholder Foods Ltd STKH has commenced the development of a bovine cell line in the U.S., isolating cells sourced from live cattle raised on a farm approved by the United States Department of Agriculture (USDA).
  • Steakholder Foods is extracting the cells from USDA-approved sources to produce edible products in a sterile environment.
  • "We aim to work with federal agencies as we perfect our processes for sustainable and scalable cultured meat production," said CEO Arik Kaufman.
  • The company is developing a slaughter-free solution for producing various beef, chicken, pork, and seafood products as raw materials and whole cuts as an alternative to industrialized farming and fishing.
  • Price Action: STKH shares traded lower by 0.87% at $2.28 on the last check Wednesday.
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!