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clamorous animal rights group PETA announced it would award $1 million to the first person to come up with a way to make commercially viable in vitro meat by 2012. The fake meat would have to be indistinguishable from the real deal, according to competition rules, and it would have to be cheap enough to succeed in the marketplace.
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siukwanchika on 09 May 13Organization willing to support the development of producing artificial meat
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The technology to produce in vitro meat is almost in place, says Mironov, but "there are bottlenecks" in the process — namely scale and cost. Given the current technology, it would cost $1 million to turn out a 250g piece of beef. The problem boils down to producing a cell-culture medium in large enough quantities at a low enough price
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The group concluded that it will be possible to produce in vitro meat in large quantities in the future, but not without funding to continue research.