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Modern Meadow
Modern Meadow is an American biotechnology company that uses biofabrication to create sustainable materials. The company was co-founded by Andras Forgacs, Gabor Forgacs, Karoly Jakab and Francoise Marga in 2011, and is based in Nutley, New Jersey. History In 2011, Andras Forgacs and his father Gabor Forgacs, Jakab and Marga co-founded Modern Meadow. The company’s initial goal was to create leather and meat in tissue cultures, without the use of live animals. In 2018, Modern Meadow partnered with Evonik to commercially produce biofabricated materials. Modern Meadow entered into a joint venture in 2021 with Limonta, an Italian textiles and materials company, to create BioFabric. The new company creates sustainable materials through a process called biofabrication. In 2017, it was announced that Modern Meadow had plans to develop the “world’s first biofabricated leather”. The company displayed a prototype T-shirt made from the material at the Museum of Modern Art in an ...
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Biotechnology
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used by Károly Ereky in 1919, meaning the production of products from raw materials with the aid of living organisms. Definition The concept of biotechnology encompasses a wide range of procedures for modifying living organisms according to human purposes, going back to domestication of animals, cultivation of the plants, and "improvements" to these through breeding programs that employ artificial selection and hybridization. Modern usage also includes genetic engineering as well as cell and tissue culture technologies. The American Chemical Society defines biotechnology as the application of biological organisms, systems, or processes by various industries to learning about the science of life and the improvement of the value of materials ...
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Gabor Forgacs
Gabor Forgacs is a Hungarian theoretical physicist A physicist is a scientist who specializes in the field of physics, which encompasses the interactions of matter and energy at all length and time scales in the physical universe. Physicists generally are interested in the root or ultimate caus ... turned bioengineer turned innovator and entrepreneur. He was educated in Hungary, where he earned a MS and a PhD in theoretical physics at the Lorand Eotvos University in Budapest, respectively, in 1972 and in 1976. He started his scientific career at the Central Research Institute for Physics in Budapest in condensed matter physics under the supervision of Alfred Zawadowsky. In 1978 he became the Candidate of Physical Sciences title awarded by the Hungarian National Academy. in 1978 he joined Dr. Harry Frisch at the State University of New York in Albany as a Postdoctoral Fellow and in 1979 moved to the University of Illinois at Urbana-Champaign as a Postdoctoral Fellow in the group ...
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Nutley, New Jersey
Nutley is a township in Essex County, New Jersey, United States. As of the 2020 United States census, the township's population was 30,143. What is now Nutley was originally incorporated as Franklin Township by an act of the New Jersey Legislature on February 18, 1874, from portions of Belleville Township. Nutley was incorporated as a town on March 5, 1902, replacing Franklin Township.Snyder, John P''The Story of New Jersey's Civil Boundaries: 1606–1968'' Bureau of Geology and Topography; Trenton, New Jersey; 1969. p. 130 for Nutley, p. 128 for Franklin Township. Accessed June 1, 2012. In 1981, the town was one of seven Essex County municipalities to pass a referendum to become a township, joining four municipalities that had already made the change, of what would ultimately be more than a dozen Essex County municipalities to reclassify themselves as townships in order take advantage of federal revenue sharing policies that allocated townships a greater share of government ai ...
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Biotechnology
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used by Károly Ereky in 1919, meaning the production of products from raw materials with the aid of living organisms. Definition The concept of biotechnology encompasses a wide range of procedures for modifying living organisms according to human purposes, going back to domestication of animals, cultivation of the plants, and "improvements" to these through breeding programs that employ artificial selection and hybridization. Modern usage also includes genetic engineering as well as cell and tissue culture technologies. The American Chemical Society defines biotechnology as the application of biological organisms, systems, or processes by various industries to learning about the science of life and the improvement of the value of materials ...
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Biofabrication
Biofabrication is a branch of biotechnology specialising in the research and development of biologically engineered processes for the automated production of biologically functional products through bioprinting or bioassembly and subsequent tissue maturation processes; as well as techniques such as directed assembly, which employs localised external stimuli guide the fabrification process; enzymatic assembly, which utilises selective biocatalysts to build macromolecular structures; and self-assembly, in which the biological material guides its own assembly according to its internal information. These processes may facilitate fabrication at the micro- and nanoscales. Biofabricated products are constructed and structurally organised with a range of biological materials including bioactive molecules, biomaterials, living cell The cell is the basic structural and functional unit of life forms. Every cell consists of a cytoplasm enclosed within a membrane, and contains many ...
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Evonik Industries
Evonik Industries AG is a stock-listed German specialty chemicals company headquartered in Essen, North Rhine-Westphalia, Germany. It is the second largest chemicals company in Germany, and one of the largest specialty chemicals companies in the world. It is predominantly owned by the RAG Foundation and was founded on 12 September 2007 as a result of restructuring of the mining and technology group RAG Aktiengesellschaft, RAG. Evonik Industries united the business areas of chemicals, energy and real estate of RAG, while mining operations continue to be carried out by RAG. Since then, the energy and real estate business areas have been divested, with no share being held in the former and a minority share still being held in the latter. Its specialty chemicals business generates around 80% of sales in areas in which it holds leading market positions. Evonik Industries employs about 37,000 people and carries out activities in more than 100 countries. The operating activitie ...
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Tory Burch LLC
Tory Burch LLC is an American mid-luxury fashion label based in Manhattan, New York, United States. It was founded by American designer Tory Burch in 2004. Pierre-Yves Roussel is the current CEO of the company. History Tory Burch began her fashion label – "Tory by TRB", later known as "Tory Burch" – in February 2004, launching it with a retail store in Manhattan's Nolita district.Agins, Teri. "How Tory Burch Found Her Stride". ''Wall Street Journal''. February 1, 2008. Most of the inventory sold out on the first day. When Oprah Winfrey endorsed her line on ''The Oprah Winfrey Show'' in April 2005, calling Burch "the next big thing in fashion", Burch's website received eight million hits the following day. Since launch, the company has grown to include more than 300 Tory Burch stores worldwide, including flagships in New York, Los Angeles, London, Paris, Rome, Tokyo, and Seoul, and ecommerce sites in seven languages. The company’s Shanghai flagship, which launched in 2014, ...
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Cellular Agriculture
Cellular agriculture focuses on the production of agricultural products from cell cultures using a combination of biotechnology, tissue engineering, molecular biology, and synthetic biology to create and design new methods of producing proteins, fats, and tissues that would otherwise come from traditional agriculture. Most of the industry is focused on animal products such as meat, milk, and eggs, produced in cell culture rather than raising and slaughtering farmed livestock which is associated with substantial global problems of detrimental environmental impacts (e.g. of meat production), animal welfare, food security and human health. Cellular agriculture is field of the biobased economy. The most well known cellular agriculture concept is cultured meat. History Although cellular agriculture is a nascent scientific discipline, cellular agriculture products were first commercialized in the early 20th century with insulin and rennet. On March 24, 1990, the FDA approved a bac ...
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Companies Established In 2011
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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