- The patent has been granted for the physical
manipulation of cultured muscle, key to developing high-quality
- Protecting Steakholder Foods' proprietary
technology is essential in order to reach commercialization and
enter into agreements with partners.
- The company is taking another step toward
intellectual property leadership in the cultivated meat industry,
bringing whole-cut cultivated meat products closer to
REHOVOT, Israel, Feb. 13,
2023 /PRNewswire/ -- Steakholder Foods Ltd.
(Nasdaq: STKH), (formerly MeaTech 3D: MITC), an international
deep-tech food company at the forefront of the cultivated meat
industry, is proud to announce that it has received approval for
its patent on Physical Manipulation of Cultured Muscle Tissue in
Canada. This patent, which has
already been granted in the US, Australia, and New
Zealand, covers systems and methods for applying external
forces to muscle tissue, resulting in the development of
high-quality complex structured meat.
The approval of this patent in Canada is another milestone for Steakholder
Foods and represents a step forward in the company's efforts to
strengthen its IP portfolio. This move underlines the company's
commitment to innovation and leadership in the field of cultivated
meat and is a testament to the company's expertise in developing
cutting-edge technologies that are changing the food industry.
Dan Kozlovski, CTO of
Steakholder Foods: "Our patented systems and methods for
physical manipulation of cultured muscle tissue have been a game
changer in the cultivation of structured meat. By strengthening and
enhancing the muscle tissues in a way that mimics a cow's natural
development, we are able to achieve a desired texture that drives
consumer preference. This breakthrough in methodology and
technology will play a crucial role in creating complex structured
whole-cut meat products with the right elasticity, density, and
taste. We're thrilled to bring this innovation to the market and
offer consumers a delicious, sustainable alternative to traditional
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
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
SOURCE Steakholder Foods Ltd.