Cultured fish company Finless Foods aims to achieve price parity with bluefin tuna by the end of 2019

Finless Foods hopes to make laboratory-cultured bluefin tuna the same price as the conventional product by the end of next year (bluefin tuna, threatened by overfishing, can sell for around $380/lb).

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In an interview with FoodNavigator-USA, CEO Mike Selden claims to have already cut production costs by half since September, when their prototype was made at $19,000/lb. One key to reducing costs is developing a suitable growth medium. Finless Foods are working on a growth medium that includes growth factors produced using genetically modified yeast cells.

Read the interview here.

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