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).
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.