Agronomics Limited (GB:ANIC) has released an update.
Agronomics Limited’s portfolio company, Meatly, has made a breakthrough by creating a protein-free culture medium for cultivated meat production, priced at just one pound per litre. This innovation significantly reduces the cost of cultivated meat, positioning Meatly as a leader in the industry and paving the way for affordable commercial-scale production. Meatly is preparing to launch its cultivated pet food product in the UK, marking Europe’s first foray into selling cultivated meat.
For further insights into GB:ANIC stock, check out TipRanks’ Stock Analysis page.