US Tyson Foods Backs Israeli Start-Up's Lab-Grown Meat
Tyson Foods, the largest US meat processor, has invested in an Israeli biotech company developing a way to grow affordable meat in a laboratory that takes live animals out of the equation.
Future Meat Technologies focuses on producing fat and muscle cells that are the core building blocks of meat, and it is one of several firms working on technology to match rising demand for meat without adding more pressure on land from livestock.
The firm's founder and chief scientist, Yaakov Nahmias, said that cultured meat typically had a production price of about $10,000 per kilo, but so far, his company had reduced that to $800 per kilo and had "a clear roadmap to $5-$10 per kilo by 2020".
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