Daisy Lab Acquired by UK Biotech Firm for Expansion
Daisy Lab, a New Zealand biotech start-up that produces dairy-identical proteins without cows, has been acquired by a UK-based biotech company. This acquisition is set to support Daisy Lab's expansion ambitions.
The innovative company has garnered attention for its work in sustainable protein production, aiming to reduce dependence on traditional dairy farming. With the acquisition, Daisy Lab plans to enhance its research and development capabilities and scale up production.
The move is expected to accelerate the company’s growth and expand its market reach both in New Zealand and internationally. Daisy Lab’s mission aligns with increasing global demand for sustainable food sources as environmental concerns rise.
This acquisition reflects a growing trend in the food biotechnology sector, where lab-grown proteins are gaining traction as alternatives to conventional animal farming. Daisy Lab is poised to play a significant role in this evolving industry.
Originally reported by RNZ Country Headlines.