All entries on Feminist Legal Clinic’s News Digest Blog are extracts from news articles and other publications, with the source available at the link at the bottom. The content is not originally generated by Feminist Legal Clinic and does not necessarily reflect our views.
An Australian biotech firm says it has successfully used precision fermentation to reproduce the most vital proteins in human breast milk, setting the stage to revolutionise the $90bn global infant formula market.
The Sydney-based firm – whose investors include W23, the venture fund backed by Woolworths – has raised more than $10m in a convertible note round and formed a joint venture with French dairy giant Armor Protéines to scale globally. This takes the total capital it has raised so far to $50m.
The funds will be used to commercialise All G’s technology that bypasses cows, using precision fermentation to create “bio-identical milk” and human proteins in industrial bioreactors. But Mr Pacas says the path to full commercialisation remains complex, given the tight regulations across the global infant formula market.
Source: Lab-grown milk is coming – here’s what it means for mums
Well any parents with any sense will address this supposed ‘advance’ with supreme caution … remember industrial silicone in breast implants and the great French scandal this provoked … The notion that men in lab coats can do better than women who give birth is risible.