Cell Based Weekly Report – Intrexon on Plants and Pot, Livestock States use Legislative Power

There are dozens of companies working on cell based meat production, but Intrexon is the first company to work on cell based plant production — a process by which plant cells are isolated from the mother plant and grown in cell culture media.

Intrexon Corporation (NASDAQ: XON) is bringing the first cell based plant technology known as Boticelli™️ to market through a strategic licensing deal with publicly traded pot company Next Green Wave NXGWF (OTCMKTS). http://cellbased.link/intre8f5f9

Why we care: Intrexon’s cell technology is groundbreaking and paving the way for a much broader set of advancements in cell based plant production beyond just cannabis. For now, Intrexon and Next Green Wave will reap some major benefits as high volume propagation of cannabis varietals could position both companies at the forefront of this massive industry.

Intrexon Tweeted: “Introducing Botticelli: A proprietary method to elicit a genotype-independent pluripotent response in plant cells or tissues that allows high-throughput plant regeneration. The platform moved from an internal research tool to significant focus in partnering conversations.” Simply, Intrexon realized the potential to license this cellular regeneration technology to plant based producers.

Investments

Thousand Oaks Biopharmaceuticals, a China based cell culture media manufacturer, raises $45 million in series A funding led by New Alliance Capital. http://cellbased.link/thousb3fdf

Regulation – First Missouri, up next Nebraska

Effective January 1st, if you write meat on a product sold in Missouri that is not derived from livestock or poultry you could be looking at up to one year in jail, a fine up to $2,000, or both. Keep reading ➡
http://cellbased.link/missob80f6

On January 10, Senator Carol Blood of Nebraska introduced a legislative bill to the agriculture committee “to provide for truth in advertising and labeling in the sale of meat and food plants.” The bill states that “no person advertising, offering for sale, or selling meat or a food plan shall engage in any misleading or deceptive practices including misrepresenting a product as meat that is not derived from livestock or poultry.” Set to become active on January 1st 2020, any violation of this bill is a Class I misdemeanor. [PDF]

Labeling Public Opinion

“Allergens are an important point to be addressed when establishing new labels for these products. In a molecular level, these products will contain the same tissue cells as conventional meat, which means that someone allergic to conventional meat would be allergic to cell-based meat as well. NASDA is most concerned at this point about fish cell-based meat products, as fish is one of the eight most well-known allergens.” Nathan Bowen, NASDA Executive Director

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