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BioBetter Pioneers Cultivated Meat Future with Molecular Farming

Retrieved on: 
Tuesday, September 12, 2023
Genetic distance, University of Michigan Business Engagement Center, Insulin, JVP, Hope, Innovation, Jerusalem Venture Partners, Bioreactor, Yaari, Ministry, Plant, Parity, FGF2, The Good Food Institute, Risk, USD250, HACCP, Meat, Good Food, Conference, GF, Safety, Fine chemical, Agriculture, Pharmaceutical industry, Health, GFS

KIRYAT SHEMONA, Israel, Sept. 12, 2023 /PRNewswire/ -- FoodTech start-up BioBetter, Ltd., opens its first food-grade pilot facility to accelerate the production of key growth factors for the cultivated meat industry. The company has pioneered a unique protein manufacturing platform for producing growth factors (GFs) using tobacco plants as self-sustained, animal-free bioreactors.

Key Points: 
  • Helping cultivated meat companies offer affordable and accessible products to consumers, BioBetter is revolutionizing the future of cellular agriculture with its innovative molecular farming-based production platform.
  • Currently, cultivated meat production processes are relatively expensive, making it a challenge to scale up and reach price parity with animal-based counterparts.
  • "Cultivated meat is still very expensive in comparison to conventional meat and the key is to reduce the growth medium costs to a minimum," explains Amit Yaari, Ph.D., CEO of BioBetter.
  • The company also is an active member of the Israeli Cultivated Meat Consortium, which unites academic institutions, large companies, and start-ups to collaboratively advance the field of cultivated meat.

EQS-News: Natural Gas Should Be Part of the Discussion at Summit for a New Global Financing Pact (By NJ Ayuk)

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Thursday, June 22, 2023
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Global debt has risen sharply, and amid additional borrowing, it’s become tougher for developing and low-income countries to repay their debts.

Key Points: 
  • Global debt has risen sharply, and amid additional borrowing, it’s become tougher for developing and low-income countries to repay their debts.
  • Being able to level the playing field and to create new financing sources is an honorable and perhaps overdue goal.
  • Natural gas is a cleaner-burning fossil fuel than oil or coal, and it can play a significant role in reducing greenhouse gas emissions.
  • The fact is, African resources offer an avenue toward a greener and more prosperous future, and not just for Africa.

VEON aspires to achieve 10-14% CAGR local currency revenue & EBITDA growth between FY2022 and FY2024

Retrieved on: 
Tuesday, December 7, 2021
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As VEON's operations remain focused on disciplined inflationary pricing, this local currency revenue growth is anticipated to correspond to mid-single-digit CAGR for both Group revenue and EBITDA over the same period on a US dollar reported basis, once currency movements have been adjusted.

Key Points: 
  • As VEON's operations remain focused on disciplined inflationary pricing, this local currency revenue growth is anticipated to correspond to mid-single-digit CAGR for both Group revenue and EBITDA over the same period on a US dollar reported basis, once currency movements have been adjusted.
  • The local currency revenue growth ambition for 2022-2024 is accelerating towards double-digit alongside a decline in capex intensity.
  • The ambition is more than doubling digital revenues over the same period, supporting double-digit local currency growth in revenue between 2022-2024.
  • This is expected to support ambitions of strong double digit local currency growth in revenue and EBITDA between 2022-2024.