BSF Enterprise Shares Rise As U.S. Approves Sale of Cultivated Meat
June 23 2023 - 6:19AM
Dow Jones News
By Elena Vardon
Shares in BSF Enterprise rose 12.5% on Friday after the group
said cultivated meat has been approved for sale in the U.S.
At 1043 GMT, shares were up 1.5 pence at 13.5 pence.
The biotech-solutions investment company--which owns 3D
Bio-Tissues--said cultivated meat companies Upside Foods and Eat
Just got regulatory approval from the joint U.S. Department of
Agriculture and Food and Drug Administration framework to sell
their cultivated chicken products to consumers in the country.
"Today's approval will pave the way for the government approval
for other producers of cultivated meat in the U.S., including
companies that 3D Bio Tissues is looking to partner with and
provide our patented serum-free and animal-free cell booster
City-Mix", 3D Bio-Tissues Chief Executive Che Connon said.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
June 23, 2023 07:04 ET (11:04 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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