The revolutionary patent application opens new horizons
for scale, repeatability, and cell growth, propelling the Company
towards mass production of cultivated meat products.
REHOVOT, Israel, Sept. 11,
2023 /PRNewswire/ -- Steakholder Foods Ltd. (Nasdaq:
STKH), an international deep-tech food company, is excited to
announce the submission of a provisional patent application for its
groundbreaking "Immortal Bovine Cell Line and Uses Thereof." This
innovative development marks a significant step in making
commercial-scale cultivated meat production a reality, meeting the
growing need for alternative protein sources.
Steakholder Foods' new patent application enhances the growth
capacity of bovine cells, leading them to immortalization and
increased biomass production at a relatively short division time.
This paves the way for scale, repeatability, and growth—key factors
needed for the commercialization of cultivated meat technologies.
With immortal cell lines, Steakholder Foods aims to provide a
stable, renewable source for generating different tissues, in order
to reduce the ecological impact of animal agriculture while
improving nutritional options.
Transforming the cultivated meat landscape - utilizing the
inherent self-replication and functional differentiation abilities
of stem cells, the patent presents immortal cell lines that can
generate a broad array of tissues, such as muscle and fat. This
positions Steakholder Foods at the forefront of revolutionizing the
food industry, adding another feather in its cap of technological
prowess.
Dan Kozlovski, CTO of
Steakholder Foods: "In 100 generations of replications, a
single cell in an immortal cell line could theoretically produce
more than 3,250 trillion tons of meat. With around 350 million tons
of meat consumed annually, immortal cell lines are paving the way
to ensuring slaughter-free meat supply for the foreseeable future.
This isn't merely a technological milestone; it's a paradigm shift
in how we envision food production for the future."
About Steakholder Foods
Steakholder Foods Ltd., is an international deep-tech food
company at the forefront of the cultured meat revolution. The
company-initiated activities in 2019 and is listed on the Nasdaq
Capital Market under the ticker "STKH", with headquarters in
Rehovot, Israel.
The company is developing a slaughter-free solution for
producing cellular agriculture meat products, such as beef and
seafood, by offering manufacturers the ability to produce a
cultivated meat product that aims to closely mimic the taste,
texture, and appearance of traditional meat— as an alternative to
industrialized farming and fishing. With its membership in the UN
Global Compact, Steakholder Foods is committed to act in support of
issues embodied in the United Nations Sustainable Development Goals
(SDGs) which include strengthening food security, decreasing carbon
footprint, and conserving water and land resources.
For more information, please visit:
https://steakholderfoods.com
Forward-Looking Statements
This press release contains forward-looking statements
concerning Steakholder Foods' business, operations and financial
performance and condition as well as plans, objectives, and
expectations for Steakholder Foods' business operations and
financial performance and condition. Any statements that are not
historical facts may be deemed to be forward-looking statements.
Forward-looking statements reflect Steakholder Foods' current views
with respect to future events and are based on assumptions and
subject to known and unknown risks and uncertainties, which change
over time, and other factors that may cause Steakholder Foods'
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements.
Forward-looking statements include, without limitation, any
statement that may predict, forecast, indicate or imply future
results, performance or achievements, and are typically identified
with words such as "may," "could," "should," "will," "would,"
"believe," "anticipate," "estimate," "expect," "aim," "intend,"
"plan" or words or phases of similar meaning and include, without
limitation, Steakholder Foods' expectations regarding the success
of its cultured meat manufacturing technologies it is developing,
which will require significant additional work before Steakholder
Foods can potentially launch commercial sales; Steakholder Foods'
research and development activities associated with technologies
for cultured meat manufacturing, including three-dimensional meat
production, which involves a lengthy and complex process;
Steakholder Foods' ability to obtain and enforce its intellectual
property rights and to operate its business without infringing,
misappropriating, or otherwise violating the intellectual property
rights and proprietary technology of third parties; and other risks
and uncertainties, including those identified in Steakholder Foods'
Annual Report on Form 20-F for the fiscal year ended December 31, 2022, filed with the Securities and
Exchange Commission on April 4,
2023. New risks and uncertainties may emerge from time to
time, and it is not possible for Steakholder Foods to predict their
occurrence or how they will affect Steakholder Foods. If one or
more of the factors affecting Steakholder Foods' forward-looking
information and statements proves incorrect, then Steakholder
Foods' actual results, performance or achievements could differ
materially from those expressed in, or implied by, forward-looking
information and statements contained in this press release.
Therefore, Steakholder Foods cautions you not to place undue
reliance on its forward-looking information and statements.
Steakholder Foods disclaims any duty to revise or update the
forward-looking statements, whether written or oral, to reflect
actual results or changes in the factors affecting the
forward-looking statements, except as specifically required by
law.
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https://mma.prnewswire.com/media/1871733/Steakholder_Foods_Ltd_logo.jpg
Press Contact:
Maissa Dauriac
Rainier Communications
mdauriac@rainierco.com
Investor Contacts:
Steakholder Foods
Investors@steakholderfoods.com
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SOURCE Steakholder Foods Ltd.