Cultured Meat Alternative to Beyond Meat's Plant Burgers Gets Government Go-Ahead
In a milestone that could eventually signal significant market changes for plant-based meat makers like Beyond Meat (NASDAQ: BYND) and Impossible Foods, a U.S.-based company received legal approval today to sell lab-grown "cultured meat" in Singapore.
Eat Just reports its cultured chicken received the regulatory go-ahead from the SFA (Singapore Food Agency), the planet's first legal approval of the retail sale of meat grown in a lab rather than harvested from an animal. The company describes the product as "real, high-quality meat" grown antibiotic free in bioreactors. It also claims safety inspections by SFA scientists determined the cultured chicken has "extremely low and significantly cleaner microbiological content than conventional chicken" during the approval process.
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Source Fool.com