MeaTech 3D Ltd. Reports First Half 2021 Financial Results and Recent Business Developments
MeaTech 3D Ltd. - American Depositary Shares (MITC)
Company Research
Source: PR Newswire
NESS ZIONA, Israel, Aug. 16, 2021 /PRNewswire/ -- MeaTech 3D Ltd. (Nasdaq: MITC) ("MeaTech"), a technology company developing a suite of advanced manufacturing technologies to produce cultured meat products, today announced its financial results for the half-year ended June 30, 2021, and provided an update on recent business developments.First Half 2021 Summary and Recent DevelopmentsCompleted acquisition of Belgian foodtech innovator, Peace of Meat, to lead MeaTech's avian cell culture technologies Established MeaTech Europe to advance food technology development activities, with initial focus on cultured fat production for hybrid foods Announced plans to establish and operate a pilot plant to commence pre-commercial cultured chicken fat production in 2022 Filed provisional patent application for novel bioprinting method Initiated pork cell research and development activities for establishing scaled production capabilities of cultured pork-based products Signed a letter of intent wit
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