Lab-grown meat innovator folds

A NEWCASTLE biotech company at the forefront of sustainable meat production has collapsed into administration with the loss of nine jobs.

- TOM KEIGHLEY Business Writer

Cellularevolution Ltd - known as CellRev - was spun out of Newcastle University in 2018 and aimed to address production challenges in the “clean meat” sector and in producing tissues for clinical trials.

The startup had set out to help change future meat consumption habits and to speed up the development of lifesaving treatments.

The company was founded after a breakthrough discovery that provided the basis for its technology and pioneered what it called novel enzymatic processes that overcame longstanding bottlenecks in bio-processing.

Its work prompted interest from those involved in innovative cell and gene therapies, and in cultured meat with global production of cells expected to ramp up over the next decade.