Business
Precision Fermentation Alliance Formed
Precision Fermentation Alliance Formed.
About this update from Agronomics Limited
[{"type":"text","content":"\n \n 20 February 2023\n \n \n Agronomics Limited\n \n \n \n (\"Agronomics\" or the \"Company\")\n \n \n Food Tech Leaders Come Together to Form the Precision Fermentation Alliance\n \n \n Agronomics (ANIC:LSE), the leading listed company focused on the field of cellular agriculture, is pleased to announce that portfolio companies The EVERY Co. and OnegoBio have joined seven other industry leaders in the creation of the new Precision Fermentation Alliance.\n \n \n \n \n \n ● Change Foods, The EVERY Co., Helaina, Imagindairy, Motif FoodWorks, New Culture, OnegoBio, Perfect Day, and Remilk are founding members of the Precision Fermentation Alliance.\n \n \n \n \n \n ● The group will serve as an industry voice and global convener for the precision fermentation industry with a singular vision of championing precision fermentation as a trusted solution for a more resilient and sustainable food system.\n \n \n The full announcement is set out below without any material changes:\n \n \n Feb. 16, 2023 - Today, nine precision fermentation leaders across the globe announced they have joined forces to establish the Precision Fermentation Alliance, a new trade organization created to champion precision fermentation as a trusted solution for a more resilient and sustainable food system.\n \n \n \n \n \n The group will serve as an industry voice and global convener for the precision fermentation industry.\n \n \n \n \n \n The Precision Fermentation Alliance founding members have aligned on the following goals:\n \n \n \n \n \n · \n Promote understanding of precision fermentation technology. Establish global transparency around ingredients and foods made with precision fermentation to build trust and familiarity.\n \n \n \n \n \n · \n Educate and engage key stakeholders throughout the food industry value chain to establish best practices regarding regulatory, manufacturing, food safety, and communications standards and compliance.\n \n \n \n \n \n · \n Develop market access and the ability to operate and market products effectively by engaging with regulators. Unlock public funding and public-private partnerships to accelerate industry growth.\n \n \n \n \n \n \"There is a direct line between food production, climate, socioeconomic opportunities, and equity. ...