Steakholder Foods Announces Cost Reduction in Growth Media for Bovine Cell Cultivation
Steakholder Foods Ltd. announced that the company's biology team has reduced the cost of its in-house growth media for bovine cell cultivation in suspension by just over 75% from prices two years ago.
The high cost of growth media has been a challenge across the industry, hindering scalability and affordability, the company says. The increased affordability of growth media is significant as it is believed that technological challenges to the commercialization of cultivated meat will be overcome before the economic challenges are met, and cultivated meat becomes affordable to the consumer.