All Updates

All Updates

icon
Filter
Regulation/policy
Industry news
Impossible Foods and Motif Foodworks settle heme patent dispute
Plant-based Meat
Sep 5, 2024
This week:
Partnerships
Microsoft and BlackRock partner to launch USD 30 billion AI data center investment fund
Machine Learning Infrastructure
Today
Funding
Limitless Labs raises USD 3 million in pre-seed funding to develop prediction market
Web3 Ecosystem
Today
Product updates
Google Cloud launches Blockchain RPC service for Web3 developers
Web3 Ecosystem
Today
Product updates
Kore.ai launches GALE platform for enterprise GenAI adoption
Machine Learning Infrastructure
Today
Product updates
Kore.ai launches GALE platform for enterprise GenAI adoption
Generative AI Infrastructure
Today
Product updates
ProAmpac launches enhanced online pouch configurator MAKR by DASL for custom flexible packaging prototypes
Smart Packaging Tech
Yesterday
Funding
M&A
Majority stake in Bollegraaf Group acquired by Summa Equity for EUR 800 million
Waste Recovery & Management Tech
Yesterday
Partnerships
NASA awards Intuitive Machines contract for near-space network services
Space Travel and Exploration Tech
Yesterday
Partnerships
FinFit partners with Sunny Day Fund to offer emergency savings accounts
Financial Wellness Tools
Yesterday
Partnerships
KSP partners with Peak Technologies and Locus Robotics for warehouse automation
Logistics Tech
Yesterday
Plant-based Meat

Plant-based Meat

Sep 5, 2024

Impossible Foods and Motif Foodworks settle heme patent dispute

Regulation/policy
Industry news

  • Impossible Foods and Motif Foodworks have settled their patent infringement dispute over heme protein. As part of the settlement, Impossible Foods will take over Motif FoodWorks' heme business, which produces Hemami, a protein identical to bovine myoglobin.

  • The case was dismissed with prejudice, meaning the same legal claim cannot be filed again, and each company will bear its costs and expenses. According to the companies, this affirms Impossible Foods' category leadership in heme-related products, while Motif FoodWorks and Ginkgo Bioworks will continue supporting growth and innovation in the plant-based sector.

  • Analyst QuickTake: This development marks a significant milestone for Impossible Foods, which has been entangled in this legal battle since early 2022 . Additionally, the timing aligns with the company’s recent provisional approval from the EFSA for the use of heme. This step could pave the way for launching heme-containing products in the EU countries, pending further review.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.