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NUMBER OF CELL-GROWN "MEAT" STARTUPS HAS GROWN TO 70 IN PAST FEW YEARS Feb. 16, 2021
POLITICO reports:
Investments in cell-grown meat development grew sixfold in 2020, our friends at POLITICO's The Long Game tell MA. (Scrutiny is growing, too, as the technology increasingly finds its way onto regulators' plates.)
There are about 70 cell-based meat startups around the world today, up from just four in 2015, according to the Good Food Institute, a non-profit advocate for alternatives to animal agriculture.
But unlike plant-based meats - which are sold at virtually every U.S. supermarket and fast-food joint - meat grown from animal cells can be purchased at only one establishment on the planet: a private club in Singapore called 1880, where diners can order a Chinese-American entree with four lab-grown chicken nuggets for $23.
Where does Washington come in? The burgeoning industry wants the Biden administration to boost alternative proteins as part of its fight against climate change, helping to curb negative trends like deforestation and overuse of antibiotics driven by traditional meat production. Congress could fund research to help drive down costs and Biden could lean on the FDA and USDA to accelerate regulatory approvals.
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