Agronomics Limited ANIC Joins the Alternative Proteins Association (2086F)
March 18 2022 - 02:01AM
UK Regulatory
TIDMANIC
RNS Number : 2086F
Agronomics Limited
18 March 2022
18th March 2022
Agronomics Limited
("Agronomics" or the "Company")
Agronomics Joins the Alternative Proteins Association
Agronomics, the leading listed investment company focused on
cellular agriculture, is pleased to announce it has joined the
Alternative Proteins Association ("APA") as a founding member
following its launch on the 15(th) of March at the Houses of
Parliament. The APA is a trade association and non-profit
organisation that exists to fuel collaboration across the value
chain. It will be a place for entrepreneurs, policymakers,
researchers, thought-leaders and investors to navigate the UK
regulatory process and advocate for public policy to support the
development of the rapidly evolving UK alternative protein
industry.
Jim Mellon, executive director of Agronomics and advisory board
member of the APA commented:-
"Agronomics is honoured to be joining the APA as a founding
member. We believe that the UK has a huge opportunity to show
leadership in the burgeoning alternative proteins industry, with
the opportunity to shape its own regulatory framework. The launch
of the APA will serve to enhance collaboration within the
alternative protein ecosystem and directly involve policymakers in
the conversation, ultimately accelerating the timeline for cellular
agriculture products to reach the UK market"
More information about The APA can be found at
https://www.alternativeproteinsassociation.com/ .
About Alternative Proteins Association
The Alternative Proteins Association (APA) is the largest
association of its kind in Europe, designed to promote the value of
alternative proteins in the UK. The APA aims to tackle the
challenges presented by food insecurity, climate change, the cost
of living and intensive farming by helping the UK become a world
leader in alternative proteins and inspiring collective action.
Taking inspiration from the United Nations Sustainable Development
Goals and COVID-19 vaccination programmes, the APA is focused on
simple but ambitious goals for the UK and alternative proteins
industry which if achieved by 2030 will improve life for us all,
for generations to come. Launched by Jeremy Coller and The Lord
Sarfraz in March 2022, the Alternative Proteins Association is the
largest association of its kind in Europe.
About Agronomics
Agronomics is a leading listed alternative proteins company with
a focus on cellular agriculture and cultivated meat. The Company
has established a portfolio of 20 companies at the Pre-Seed to
Series C stage in this rapidly advancing sector. It seeks to secure
minority stakes in companies owning technologies with defensible
intellectual property that offer new ways of producing food and
materials with a focus on products historically derived from
animals. These technologies are driving a major disruption in
agriculture, offering solutions to improve sustainability, as well
as addressing human health, animal welfare and environmental
damage. This disruption will decouple supply chains from the
environment and animals, as well as being fundamental to feeding
the world's expanding population. A full list of Agronomics'
portfolio companies is available at https://agronomics.im/ .
About Cellular Agriculture
Cellular Agriculture is the production of agriculture products
directly from cells, as opposed to raising an animal for slaughter,
or growing crops. This encompasses cell culture to produce
cultivated meat and materials, and fermentation processes that
harness a combination of molecular biology, synthetic biology,
tissue engineering and biotechnology to massively simplify
production methods in a sustainable manner.
Over the coming decades, the source of the world's food supply
traditionally derived from conventional agriculture is going to
change dramatically. We have already witnessed the first wave of
this shift with the consumer adoption of plant-based alternative
proteins but today, we are on the cusp of an even bigger wave of
change. This is being facilitated by advances in cellular
agriculture. This change is necessary, given scientists claims that
if we maintain existing animal protein consumption patterns, then
we will not meet the Paris Agreement's goal of limiting warming to
1.5
AT Kearney, a global consultancy firm, projects that cultivated
meat's market share will reach 35% by 2040. This combined with the
Good Food Institute's estimate that a US$ 1.8 trillion investment
will be required in order to produce just 10% of the world's
protein using this technology, means that we are on the cusp of a
multi-decade flow of capital to build out manufacturing facilities.
Funding in the field of cellular agriculture is accelerating,
however still less than US$ 2 billion has been invested worldwide
since the industry's inception in 2016.
For further information please contact:
Agronomics Beaumont Cenkos Peterhouse
Limited Cornish Securities Capital TB Cardew
Limited Plc Limited
The Company Nomad Joint Broker Joint Broker Public Relations
---------------- --------------- --------------- ------------------------
Richard Reed Roland Cornish Giles Balleny Lucy Williams Ed Orlebar
Denham Eke James Biddle Michael Charles Joe McGregor
Johnson Goodfellow
---------------- --------------- --------------- ------------------------
+44 (0) 20 7930
0777
+44 (0) 1624 +44 (0) +44 (0) +44 (0) +44 (0) 7738 724
639396 207 628 207 397 207 469 630
info@agronomics.im 3396 8900 0936 agronomics@tbcardew.com
---------------- --------------- --------------- ------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCKDLFFLXLZBBK
(END) Dow Jones Newswires
March 18, 2022 03:01 ET (07:01 GMT)
Agronomics (LSE:ANIC)
Historical Stock Chart
From Feb 2024 to Mar 2024
Agronomics (LSE:ANIC)
Historical Stock Chart
From Mar 2023 to Mar 2024