The patent helps to secure the company's technological
leadership in the cultured meat industry
REHOVOT, Israel, Oct. 27,
2022 /PRNewswire/ -- Steakholder Foods Ltd. (NASDAQ:
STKH), (formerly MeaTech 3D: MITC), an international deep-tech food
company at the forefront of the cultured meat industry, today
announced that it was granted a patent by the United States Patent
and Trademark Office for systems and methods to apply external
forces to muscle tissue that result in the development of
high-quality complex structured meat.
This patent grant is a major boost to Steakholder Foods' patent
portfolio, following similar grants earlier this year in
Australia and New Zealand.
One of the main challenges of producing structured meat from
cultured cells is to enable the muscle tissue to mature with an
enhanced fibrous texture that results in a mouthfeel with the right
elasticity, density and taste, to more closely emulate the
characteristics of conventional meat.
Research has shown that while taste can be adjusted relatively
easily, it is the texture of meat, which is a more complex
undertaking, that drives consumer preference. This patent
represents a breakthrough with regard to the methodology and
technology being used to "exercise" muscle tissue to achieve a
desired texture — similar to the natural muscle development that
occurs when animals roam or graze.
The company's ability to improve the texture of cultured tissue
without having to resort to the use of hydrocolloids, a class of
ingredients commonly used in the development of food structure, is
a major advantage over its competitors.
Arik Kaufman, CEO of
Steakholder Foods: "We are thrilled to have the first of
our many patent applications granted in one of the largest
potential markets for alternative meat in the world, while
strengthening our global IP in such a short time. This achievement
is a testament to the incredible talent, ingenuity and
collaborative spirit of our engineering and biology teams."
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"
(formerly 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.
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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 Foods'
actual results, performance or achievements to be materially
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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
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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
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SOURCE Steakholder™ Foods Ltd.