Andras forgacs biography
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He managed an international technology-focused venture fund and was a consultant with McKinsey. They are doing this by modifying the DNA of yeast to produce collagen and then using a fermentation process to grow the collagen protein. This approach involves sourcing cells from living animals, multiplying these cells into billions, and then assembling them into the tissue precursors of meat or leather.
The idea and technology was always to use biofabrication to grow collagen protein without killing animals.
Eric Michael David, based on a patent for the NovoGen bioprinting platform.
Over the years Organovo received several million in funding to produce human tissue for commercial applications. The products, for now, are at a prototype stage.
Previously, Andras co-founded Organovo, which uses 3D bioprinting to create human tissues for pharmaceutical research and medical applications, such as drug development and replacement tissues.
Named as a 2018 Tech Pioneer by the World Economic Forum, Modern Meadow partners with some of the world’s most iconic brands to bring new life to the material world. The company’s initial value proposition is simple: to use biofabrication to grow collagen protein without killing animals.
Modern Meadow shifted focus from growing cultured meat and materials to only focusing on materials as early on as 2012, mainly due to high costs of producing lab-grown meat products.
Named as a 2018 Tech Pioneer by the World Economic Forum (WEF), Modern Meadow’s Bio-Alloy biomaterials and collagen-inspired fermentation-derived proteins address high performance and sustainable applications in fashion, beauty and wellness markets. Andras Forgacs co-founded Organovo with his father, Professor Gabor Forgacs of the University of Missouri.
The hamburger had an estimated cost of $300,000.
I did not realize that they were the same two people – father and son – for both companies. The company was founded by Dr. Forgacs after he quit his career as a theoretical physicist. Whether Modern Meadows succeeds or not in bringing it to market, someone eventually will.
- This article was modified on January 29th to reflect the fact that Organovo’s stock peaked at $13 and not at $7 as previously written.
- This article was modified on February 23rd to correct some factual inaccuracies:
- The company’s initial value proposition is simple; to be able to print meat and leather.
- This is incorrect.
Andras graduated with a bachelors from Harvard and an MBA from Wharton. And his greatest venture are his two daughters Alexa and Amelia.
LinkedIn
- This is incorrect.
- The company’s initial value proposition is simple; to be able to print meat and leather.
Andras Forgacs
Andras is an entrepreneur in deep tech and life sciences.
Modern Meadow’s Bio-Alloy biomaterials are inspired by leather and made from plant-derived protein but not from animals. Andras graduated with a bachelors from Harvard and an MBA from Wharton. The company has also struggled with introducing its products to the market, with too few large pharmaceutical companies finding value in the 3D tissue. Modern Meadow never planned to print materials at all.
Since then he focused entirely and is still currently the CEO of modern meadow (his father Gabor is the Chief Scientific Officer).