Cultivated Cotton to Enter the Market for the First Time Ever
Cultivated cotton produced by US startup GALY is set to be used commercially for the first time, after the company signed a deal with Japan’s Suzuran Medical Inc. Suzuran will use the cotton — which is grown from cells in a bioreactor — to produce medical products such as gauze and absorbent cotton, along with sheets and cosmetic cotton. According to Forbes, thousands of tons of the cultivated fibers will be used each year. The partnership is worth $50 million and will run for ten years, beginning when GALY launches its first commercial facility; however, this likely won’t be for a few years. The agreement follows the success of a proof of concept completed by the two companies in 2021. GALY has also attracted significant …