The patent filing describes a novel process for achieving a
higher degree of fat differentiation and significantly lowering
costs for cultivated fat production
NESS ZIONA, Israel, Oct. 6, 2022
/PRNewswire/ -- Steakholder Foods Ltd. (NASDAQ: STKH), (formerly
MeaTech 3D: $MITC), an international deep-tech cultured meat
company, is pleased to announce that it has filed a provisional
patent application with the U.S. Patent and Trademark Office
(USPTO), regarding methods and systems for adipocytes
differentiation.
The patent application details a new and improved process for
differentiating stem cells into fat (increasing cultivated fat
yields from stem cells), which is more easily reproducible and
cost-effective than current methods. This patent filing is the
latest step in Steakholder Foods' push to reduce global dependence
on animal-derived components.
To date, Steakholder Foods' patent portfolio, fully owned by
Steakholder Foods group companies, includes a granted patent and 15
patent applications.
Arik Kaufman, Steakholder
Foods' Chief Executive Officer &
Founder: "The filing of this provisional patent
application represents another step forward in Steakholder Foods'
ongoing mission to reduce the cost and complexity of cultured fat
production, and strengthens our fully-owned patent portfolio. We
are excited by the potential to use healthier, plant-sourced
cell-culturing inputs in our hybrid as well as bioprinted
products."
About Steakholder Foods Patent Portfolio
Steakholder Foods seeks to obtain patent protection for its
technologies, as well as registering other intellectual property
rights for its business and technology assets in the United States and internationally.
Steakholder Foods aims to protect the technology, inventions and
improvements that are commercially important to the development of
its business, using the most effective and efficient intellectual
property instruments, including patents, trademarks, and trade
secrets.
To date, the Steakholder Foods group companies have a portfolio
of one granted patent and 15 patent applications with the USPTO and
World Intellectual Property Organization (WIPO) filed through the
International Patent System. These applications relate to two main
fields (mechanical and biological), covering Steakholder Foods'
activities, products, and much of its supply chain, both pre- and
post-processing.
About Steakholder Foods
Steakholder Foods Ltd., formerly MeaTech 3D Ltd., is an
international deep-tech food company at the forefront of the
cultured meat revolution. The company initiated activities in 2019
and is listed on the Nasdaq Capital Market under the ticker "STKH"
(formally MITC). Steakholder Foods maintains facilities in Rehovot,
Israel and Antwerp, Belgium and has recently expanded
activities to the US.
The company is developing a slaughter-free solution for
producing a variety of beef, chicken, pork, and seafood products —
both as raw materials and whole cuts — as an alternative to
industrialized farming and fishing. With its membership in the UN
Global Compact, Steakholder Foods is committed to act in support of
issues embodied in the United Nations Sustainable Development Goals
(SDGs) which include strengthening food security, decreasing carbon
footprint, and conserving water and land resources.
For more information, please visit:
https://steakholderfoods.com
Forward-Looking Statements
This press release contains forward-looking statements
concerning Steakholder Foods' business, operations and financial
performance and condition as well as plans, objectives, and
expectations for Steakholder Foods' business operations and
financial performance and condition. Any statements that are not
historical facts may be deemed to be forward-looking statements.
Forward-looking statements reflect Steakholder Foods' 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 Steakholder Food'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.
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, Steakholder Foods' expectations regarding the success
of its cultured meat manufacturing technologies it is developing,
which will require significant additional work before Steakholder
Foods can potentially launch commercial sales; Steakholder Foods'
research and development activities associated with technologies
for cultured meat manufacturing, including three-dimensional meat
production, which involves a lengthy and complex process;
Steakholder Foods' 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 Steakholder Foods'
Annual Report on Form 20-F for the fiscal year ended December 31, 2021, filed with the Securities and
Exchange Commission on March 24,
2022. New risks and uncertainties may emerge from time to
time, and it is not possible for Steakholder Foods to predict their
occurrence or how they will affect Steakholder Foods. If one or
more of the factors affecting Steakholder Foods' forward-looking
information and statements proves incorrect, then Steakholder
Foods' actual results, performance or achievements could differ
materially from those expressed in, or implied by, forward-looking
information and statements contained in this press release.
Therefore, Steakholder Foods cautions you not to place undue
reliance on its forward-looking information and statements.
Steakholder Foods disclaims any duty to revise or update the
forward-looking statements, whether written or oral, to reflect
actual results or changes in the factors affecting the
forward-looking statements, except as specifically required by
law.
Steakholder Foods
Press Contact:
|
Steakholder Foods
Investor Contacts:
|
Maissa
Dauriac
Rainier
Communications
mdauriac@rainierco.com
|
Joseph
Green
Edison
Group
jgreen@edisongroup.com
|
Ehud Helft
Edison
Israel
ehelft@edisongroup.com
|
Logo:
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SOURCE Steakholder™ Foods Ltd.