Opening a factory producing food that cannot be legally consumed seems like a risky move. But that’s what George Peppou and Tim Noakesmith did last week, cutting the ribbon on a multimillion-dollar facility to grow meat from animal cells.
That it was NSW Treasurer Matt Kean who cut the ribbon – and the NSW government is an investor – gives cell-based meat start-up Vow confidence that the legal hurdle can be cleared sooner rather than later.
Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics.
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