China’s CellX pilots lab-grown meat production, eyes U.S. market

“Our costs are at around $100 per pound, but by the time we commercially launch in two or three years, the price could go down 10 times,” CellX CEO Ziliang Yang said. The firm opened a pilot facility in Shanghai this week that Yang said can produce ‘a couple of tonnes’ of cultivated meat a year. The next facility, for commercial production, is expected to be constructed by 2025 and have capacity to produce hundreds of tonnes of meat a year.

Source: China’s CellX pilots lab-grown meat production, eyes U.S. market