As everyone eagerly awaits the first regulatory approval for a food ingredient produced through precision fermentation in China, several Chinese companies, large and small, are preparing to address this opportunity to meet the demands of the food sector.
On one side incumbent biomanufacturing players who have honed their skills on other industries such as the pharmaceutical and chemical industries can leverage or expand on existing capabilities to branch into producing food ingredients. Will they pre-empt this new business opportunity?
Not necessarily. This is where the power of entrepreneurship comes into play and we want to play our part in supporting these trailblazers. To acknowledge them, after a thorough review of the landscape we have decided to award the Fastest Growing Agrifood Biotech Startup in China.
Just a few more days to go before the announcement. You’ll also have the chance to hear directly from the founder of the winning startup on May 17th - in-person!