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Stock impact report

MeaTech Announces Launch of Cultivated Pork Development

MeaTech 3D Ltd. - American Depositary Shares (MITC) 
Company Research Source: PR Newswire
NESS ZIONA, Israel, July 6, 2021 /PRNewswire/ -- MeaTech 3D Ltd. (Nasdaq: MITC) (TASE: MITC), a technology company developing a suite of advanced manufacturing technologies to produce cultured meat products, today 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. 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 produ Show less Read more
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