💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Lab-grown meat cleared for human consumption by U.S. regulator

Published 11/16/2022, 03:38 PM
Updated 11/16/2022, 03:40 PM
© Reuters. FILE PHOTO: The world's first lab-grown beef burger is seen after it was cooked at a launch event in west London August 5, 2013.  REUTERS/David Parry/pool

By Leah Douglas

WASHINGTON (Reuters) - The U.S. Food and Drug Administration (FDA) for the first time cleared a meat product grown from animal cells for human consumption, the agency announced on Wednesday.

UPSIDE Foods, a company that makes cell-cultured chicken by harvesting cells from live animals and using the cells to grow meat in stainless-steel tanks, will be able to bring its products to market once it has been inspected by the U.S. Department of Agriculture (USDA), said a release from the FDA.

"The world is experiencing a food revolution and the (FDA) is committed to supporting innovation in the food supply," said FDA Commissioner Robert M. Califf and Susan Mayne, director of the FDA's Center for Food Safety and Applied Nutrition in a statement.

The FDA said in documents released on Wednesday that it had reviewed data from the company and had no further questions about the company's conclusion that its product is safe for humans to eat.

"We are thrilled at FDA's announcement," said David Kay, UPSIDE's director of communications, in an email. "This historic step paves the way for our path to market."

The review is not technically an approval and applies only to UPSIDE products, though the agency is ready to work with other firms developing cultured animal cell food, the FDA said in a release.

© Reuters. FILE PHOTO: The world's first lab-grown beef burger is seen after it was cooked at a launch event in west London August 5, 2013.  REUTERS/David Parry/pool

USDA and FDA together regulate cell-cultured meat under a 2019 agreement between the two agencies. USDA will oversee the processing and labeling of cell-cultured meat products.

Demand for alternatives to farmed meat has grown alongside awareness of the high greenhouse gas emissions of raising livestock. Cultivated chicken was served to attendees at this year's COP27 climate conference in Egypt.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.