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Eat Just CEO Josh Tetrick in Singapore issued his company the first regulatory approval for lab-grown meat.
Singapore has granted a regulatory authorization for the sale of laboratory-grown meat.
The Asian country’s government gave its stamp of approval to the San Francisco-based startup, Eat Just Inc., which has been growing meat from animal muscle cells. Eat Just will begin selling its lab-grown chicken bites under a new GOOD Meat brand, according to a press release issued Monday.
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“It is the first time in history that meat is approved, without requiring the slaughter of an animal. Singapore is the first country to do so, ”Eat Just CEO Josh Tetrick told FOX Business’s Neil Cavuto on Tuesday.
When it comes to the science behind the company’s lab-grown meat, Tetrick said: “We take a cell from a chicken, we identify the nutrients that feed the cell. And then we make it in a piece of equipment called a bioreactor, and you can make chicken with a lot less carbon emissions, a lot less land, and a lot less water. We believe it will be the future of meat ”.
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Eat Just will start selling lab-grown chicken bites in Singapore. (Eat alone)
The date of its official launch will be announced later. However, the Singapore Food Agency is overseeing the regulation of the exploratory food production method.
There have been more than 20 production runs in 1,200-liter bioreactors to test lab-grown meat, which contains no antibiotics and is said to be as nutritious, if not more, than real chicken.
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In recent years, plant-based meat substitutes have gained popularity with companies like Beyond Meat, Impossible Foods, and Quorn at the helm. Eat Just also has a plant-based egg product known as Just Egg, which is made from mung beans and vegan mayonnaise, but their lab-grown meat company is meant to provide real meat without sacrificing animals.
If proven successful, the company’s GOOD Meat brand could become a protein alternative for health-conscious consumers and anyone else who may be concerned about animal rights, the environment, and the resort’s ethics. meat industry.
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Eat Just has raised more than $ 300 million in investments since its founding in 2011 and is valued at around $ 1.2 billion, according to Reuters.
