Singapore has given approval to US start-up Eat Just to sell its lab grown chicken meat. The firm says it is the world’s first regulatory approval for so called clean meat that does not come from slaughtered animals.
Eat Just said: “The first-in-the-world regulatory allowance of real, high-quality meat created directly from animal cells for safe human consumption paves the way for a forthcoming small-scale commercial launch in Singapore.”
The firm said the meat will be sold as nuggets and had previously pegged their cost at $50 each.
But co-founder and CEO Josh Tetrick said the cost has since come down and the meat would be priced at parity to premium chicken when it first launches in a restaurant in Singapore in the very near term.
He said that the company is targeting operating profitability before the end of 2021, and hopes to go public soon after.
