Hashtag
The Times Real Estate

The Ultimate Guide to Water Tanks: Types, Benefits, and Installation

Water tanks are essential in both residential and commercial settings, offering a reliable and sustainable way to store and mana...

Crypto Scams and Security in the Web3 Era

As cryptocurrencies and Web3 technologies gain mainstream traction, they also attract a growing wave of scams and security cha...

Botox Courses in Australia: Unlocking the Secrets of Aesthetic Excellence

Botox, a name that has become synonymous with cosmetic treatments, is widely recognised for its ability to smooth wrinkles and f...

How to Choose the Perfect Engagement Ring for Your Partner

An engagement ring is more than a piece of jewellery—it’s a symbol of love, commitment, and a future together. With so many styl...

Top 6 SEO Agencies in Nevada Known for Exceptional Content Writing

In the digital age, businesses need more than a strong website to stand out. SEO content production and guest blogging boost brand...

What Causes Car Electrical Issues and How to Prevent Them

Your car’s electrical system plays a vital role in its overall functionality, powering everything from the engine’s ignition to th...

It is named Future Food Factory X (FX) after Fu Xi, an ancient Chinese animal husbandry pioneer, whom heralds a new era in meat production in China. This milestone marks China's first large-scale pilot plant for cultivated meat, with a leading level of production costs well below $100 per pound.

The global cultivated meat landscape has seen the establishment of over 10 pilot plants, with only a few achieving a scale of 1,000 liters. CellX stands out as the sole Chinese company capable of upscaling cultivated meat production to the large-scale level. The completion of CellX's pilot plant enables further technological validation and paves the way for future large-scale production and customized product development.

CellX's pilot plant utilizes its proprietary cell cultivation technology and operates with fully digitized intelligent management systems. Positioned as China's first "transparent food space" for cultivated meat, it integrates technology research and development, pilot production, and interactive consumer experiences. Starting from now, consumers will have the opportunity to taste and enjoy a variety of delicacies made from cultivated meat at this innovative facility.

In preparation for large-scale production, CellX's FX pilot plant leverages its self-developed suspension cell line and low-cost serum-free culture medium. These innovative technologies have successfully reduced production costs to below $100 per pound, which will be further slashed by 2025 market launch.

"Cultivated meat technology embodies a safe, efficient, and sustainable approach to meat production," said Shuangshuang Chen, Head of Research and Development at CellX. "We can craft meat that is both delectable and nutritious, providing consumers with a superior alternative."

Currently, the company has screened nearly 20 immortalized cell lines by utilizing a high-throughput automated system, with several of them already been successfully adapted to grow in single sell suspension. It also marks the world's first successful single cell suspension of fish cell lines. CellX's approach targets the high-end market first, with plans to introduce products to the mass market as they continue to scale up and reduce costs in the future.

By the end of 2022, the cultivated meat industry has seen over 300 startups engaged in raw material supply, services, and product development, with total financing exceeding $2.78 billion. Many countries and regions have also begun preparing for the regulation of cultivated meat products. Notably, the United States and Singapore have granted market approval for cultivated meat products, signaling the path towards consumer acceptance.

In its pursuit of advancing the commercialization of cultivated meat, CellX actively collaborates with esteemed universities and industry-leading companies worldwide, for example, their strategic collaboration with Tofflon Group and other leading cell culture media companies in China expedites the establishment of pilot plants and research centers, further solidifying its position as a prominent player in the industry.

Ziliang Yang, CellX's Co-founder and CEO said, "We are diligently working towards obtaining market approval in countries like the United States and Singapore, with the aim of launching our products by 2025." With a highly skilled team consisting of 40+ professionals, including overseas returnees and doctoral scholars from renowned universities, CellX is committed to continuous technological innovation and cost reduction, striving to become the first Chinese company to bring cultivated meat to consumers around the world.
Hashtag: #CellX

The issuer is solely responsible for the content of this announcement.

IN THE NEWS

SIBUR receives top ESG rating

MOSCOW, RUSSIA - Media OutReach Newswire – 23 August 2024 – The National Rating Agency (NRA) has awarded.

Sun Hung Kai & Co. Launches Mortgage Servicing Business to Manage a US$100M Institutionally Owne…

HONG KONG SAR - EQS Newswire - 11 November 2024 - Sun Hung Kai & Co. Limited (SEHK: 86, "SHK & C.

How to Successfully Plan a Conference About Parenting

If you are a parent with experience sharing your journey with a crowd, chances are you want to help o.

HDBank: Credit growth is bright spot for banking

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 21 June 2024 - As of June 14, credit growth has re.

Kaohsiung One-Day Farmer Experience at Tokyo International Exhibition Center

Promoting Unique Rural Experience Tours to the International Market KAOHSIUNG, TAIWAN - Media OutReach N.

Telehealth: The Real Economics Behind A Healthcare Model Of The Future

Scope of telehealth A core success of telehealth depends on its need to engage patients effectively.

Health & Wellness

How Technology Is Improving Community Support Services?

Hashtag.net.au - avatar Hashtag.net.au

(Source) Technology is literally a part of our everyday lives. Everything we do is highly dependent on technology in this day and age. The interesting part is that not just the younger generations ...

Understanding AED Defibrillator: Meaning, Uses, and Importance

Hashtag.net.au - avatar Hashtag.net.au

An AED defibrillator is a portable device used to treat people who are experiencing sudden cardiac arrest (SCA). The AED defibrillator meaning refers to a machine that can assess a person’s heart rh...

How to Maintain Your Oral Health During Stressful Times

Hashtag.net.au - avatar Hashtag.net.au

Life can be a bit like an Australian outback road—full of twists, turns, and the occasional bump. During these hectic, stressful times, it’s all too easy to let your oral health fall by the wayside...