Andras forgacs biography of william
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Modern Meadow Moves Headquarters into state of the art facility in New Jersey
Modern Meadow is relocating its headquarters to Nutley, New Jersey. The biofabrication company will also establish a design and applied research studio at New Lab in Brooklyn.New York, NY, August 14th, – Modern Meadow, the biofabrication company pioneering biologically advanced materials, today announced its long-anticipated move. Rapidly outgrowing their BioBAT location in Sunset Park, Modern Meadow is moving to a state-of- the-art laboratory and pilot manufacturing site at ON3, the former Hoffmann-La Roche campus in Nutley, N.J., helped in part by Grow NJ tax credits of up to $32 million approved by the New Jersey Economic Development Authority (NJEDA).CEO Andras Forgacs said “We are excited to be part of the growing New Jersey biotech community. With this move, Modern Meadow is committed to expanding its biofabrication platform and continuing to build next-generation materials for the con
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The vegan leather brewed in a lab
BBC News, Davos
As soon as I meet Andras Forgacs we head outside into the freezing cold of Davos. Naturally he reaches for his coat, but I am slightly surprised at what he pulls out - it's just a normal, black puffer jacket.
As the founder and ledare executive of a start-up firm that has created a vegansk alternative to leather, inom expected him to be wearing a coat made out of his own material.
In reality it's a bit too soon for that. Modern Meadow, the company he set up eight years ago, fryst vatten still producing the fabric he has designed only in small quantities.
Nonetheless, in the same way that the rapid growth in the popularity of vegan food - from hamburgers to sausage rolls and chicken alternatives - has shaken up the food industry, he believes his firm can help do the same to the $bn (£bn) leather industry.
"It's a massive market with massive shortcomings. You have to raise an anima
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Profits and Purpose
“I’ve had a long-held belief that business can be a powerful engine to scale positive impact,” says Andras Forgacs WG05, co-founder and director of biotech company Modern Meadow. When he started the New Jersey-based company more than a decade ago, he pledged to produce leather without cows — a revolutionary idea that meant less waste, fewer greenhouse gas emissions, and zero animal cruelty. Modern Meadow’s bio-leather, grown in the lab, was the first of its kind. Now its technology platforms are being adopted around the world so that other sustainable bio-materials can be used in products like footwear, furniture, and beauty ingredients. “A lot of innovation requires new factories to be built or processes to be designed from the ground up,” says Forgacs. “We’ve been very mindful of the fact that we don’t have endless amounts of time.” His sense of urgency is driven by his awareness of climate change — something that more and more businesses are coming t