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, MeaTech's expectations regarding the success of its cultured meat manufacturing technologies it is developing, which will require significant additional work before MeaTech can potentially launch commercial sales MeaTech's research and development activities associated with technologies for cultured meat manufacturing, including three-dimensional meat production, which involves a lengthy and complex process MeaTech's 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 MeaTech's Annual Report on Form 20-F for the fiscal year ended December 31, 2020, filed with the Securities and Exchange Commission on April 21, 2021. Forward-looking statements reflect MeaTech's 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 MeaTech's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any statements that are not historical facts may be deemed to be forward-looking statements. This press release contains forward-looking statements concerning MeaTech's business, operations and financial performance and condition as well as plans, objectives, and expectations for MeaTech's business operations and financial performance and condition. This includes development of cell lines for beef, pork, and chicken. In furtherance of this goal, the Company is developing a suite of advanced manufacturing technologies to produce cell-based alternative protein products. This includes development of high throughput bioprinting systems. MeaTech focuses on developing premium, center-of-plate meat products, such as structured, marbled steaks. The company believes cultivated meat technologies hold significant potential to improve meat production, simplify the meat supply chain, and offer consumers a range of new product offerings. The company-initiated activities in 2019 and maintains facilities in Ness Ziona, Israel and Antwerp, Belgium. MeaTech 3D is an international company at the forefront of the cultured meat revolution, listed on the Nasdaq Capital Market under the ticker "MITC". MeaTech employed advanced 3D bioprinting technology developed in-house and advanced tissue engineering science to reach this important milestone, bringing sustainable, premium cultivated meat products closer to the market. The cultivated steak is comprised of real, living muscle and fat cells, and does not contain any soy or pea protein typically used in plant-based alternatives.
MeaTech's goal is developing a true replacement for conventional steak that maximizes cell-based content rather than non-meat ingredients. The printed product was placed in an incubator to mature, where the printed stem cells were differentiated into fat and muscle cells that develop into fat and muscle tissue, respectively, to form the MeaTech steak. The bio-inks were printed from a digital design file of a steak structure. Upon reaching sufficient cellular mass, stem cells were formulated into bio-inks compatible with MeaTech's proprietary 3D bio-printer. The cells used in making the steak were produced using an advanced and proprietary process that starts by isolating bovine stem cells from tissue samples and multiplying them. This groundbreaking achievement serves as an important milestone toward the goal of scaled production of cultivated bio-printed steak. The company believes that it is the largest cultured steak produced to date. (Nasdaq: MITC) revealed today that it has succeeded in bioprinting a 3.67 oz (104-gram) cultivated steak, primarily composed of cultivated real fat and muscle cells.
Cultivated meat leader MeaTech 3D announces printing of a 3.67 oz cultivated steak comprised of real, living muscle and fat tissues, without using any soy or pea protein
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