Impossible Foods Inc. has made it past the first hurdle in a protracted process to sell its plant-based burger in the European Union, the world’s biggest alternative-meat market.
The European Food Safety Authority has ruled that soy leghemoglobin, an additive in the Impossible Burger known as “heme,” doesn’t raise safety concerns at the proposed use and level of use, according to a filing. The ingredient helps the burger taste and smell like meat and is derived from a genetically modified yeast strain Komagataella phaffii, formerly named Pichia pastoris.
The company’s application, filed in 2019, is currently under a “clock stop,” meaning that it needs to supply additional information to complete the evaluation, according to the EFSA. Authorities in the US, Canada, Australia, New Zealand and Singapore have ruled heme is safe for human consumption, or it raised no public health and safety concerns. However, the European Commission has some of the most extensive food safety requirements, according to Katia Merten-Lentz, partner at Food Law Science & Partners in Brussels.
The shares rose as much as 4.8 percent in morning trading in Paris, and they’re up 11 percent over the past 12 months.
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