New Tri-Party Initiative Launches to Accelerate Cultivated Meat in South Korea Ahead of 2025 Market Launch
The Good Food Institute APAC (GFI APAC), the Korea Biotechnology Industry Organization (KoreaBIO), and the Bio-based Future Food Industry Committee (BFFIC) have joined forces to accelerate novel proteins in South Korea. The partnership was formalized in a memorandum of understanding (MOU) ceremony in Seoul, attended by GFI Founder and President Bruce Friedrich, KoreaBIO Vice President Seung-kyou Lee, and BFFIC President Dominic Jeong. As part of the MOU, the organizations will work to boost market research, technical knowledge exchange, and policy coordination for novel food regulatory frameworks. Additionally, they will collaborate on educational initiatives such as global webinars, workshops, and presentations on cultivated meat and other novel proteins. The MOU will also foster stronger connections between South Korean and overseas industry stakeholders and facilitate international expansion for …