(MITC) – MeaTech, Tiv Ta’am Partner To Develop Cultivated Meat Products

MeaTech, Tiv Ta'am Partner To Develop Cultivated Meat Products

  • MeaTech 3D Ltd (NASDAQ: MITC) has signed a non-binding letter of intent with Israeli grocery store chain Tiv Ta’am to cooperate within the joint growth of cultivated meat merchandise.
  • The settlement will embrace cooperation on analysis, establishing a manufacturing facility for cultivated meat merchandise, and granting distribution and advertising and marketing rights.
  • The businesses additionally agreed to debate increasing cooperation within the manufacturing and advertising and marketing of cultivated meat merchandise sooner or later, emphasizing cultivated pork.
  • Value motion: MITC shares are buying and selling decrease by 0.81% at $7.34 on the final verify Wednesday.

https://www.benzinga.com/information/21/07/21984105/meatech-tiv-taam-partner-to-develop-cultivated-meat-products?utm_source=feedburner&utm_medium=feed&utm_campaign=Feedpercent3A+benzinga+%28Benzinga+Information+Feedpercent29

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