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Steakholder Foods Begins Use Of Agency-Approved Animal Source For Development Activity

  • Steakholder Foods Ltd (NASDAQ: STKHhas commenced the development of a bovine cell line in the U.S., isolating cells sourced from live cattle raised on a farm approved by the United States Department of Agriculture (USDA).

  • Steakholder Foods is extracting the cells from USDA-approved sources to produce edible products in a sterile environment.

  • "We aim to work with federal agencies as we perfect our processes for sustainable and scalable cultured meat production," said CEO Arik Kaufman.

  • The company is developing a slaughter-free solution for producing various beef, chicken, pork, and seafood products as raw materials and whole cuts as an alternative to industrialized farming and fishing.

  • Price Action: STKH shares traded lower by 0.87% at $2.28 on the last check Wednesday.

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