Next Meats and Dr. Foods were both chosen as the finalists of FOODNICHE SUMMIT at Cornell Tech University in New York
Rhea-AI Summary
NEXT MEATS Co., and Dr. Foods Co., , subsidiaries of NEXT MEATS Holdings, Inc. (OTC: NXMH) and Dr. Foods Co., (OTCQB: DRFS) respectively, have been selected as finalists in the 'Alternative Proteins – Cultivated Meat' category at the FOODNICHE SUMMIT held at Cornell Tech University in New York. The companies presented their innovative products, including 'VEGAN FOIE GRAS', 'VEGAN CAVIAR', and 'VEGAN TRUFFLE BUTTER' for the first time in the U.S.
CEO Koichi Ishizuka expressed excitement about the opportunity to showcase their products in New York, where they aim to distribute in the coming months. Both companies are seeking local distribution partners in the New York area to expand their international vegan business, focusing on high-end B2B food markets in the U.S.
Positive
- Selected as finalists in the 'Alternative Proteins – Cultivated Meat' category at FOODNICHE SUMMIT
- Presented innovative vegan products for the first time in the U.S.
- Potential expansion into the New York market in the coming months
- Seeking local distribution partners for wider international distribution
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, NXMH declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEXT MEATS Co., Ltd. and Dr. Foods Co., Ltd had participated this competition on-line, chosen as the 3 finalists of its category and invited by FOODNICHE SUMMIT to attend and present the companies and the products.
"We were delighted to be chosen as the finalists and given such a prestigious opportunity to showcase our products at Cornell Tech University in
NEXT MEATS Co., Ltd. and Dr. Foods Co., Ltd. are seeking for a mutually benefitable local distribution partner in
NEXT MEATS Co., Ltd. a Japanese subsidiary of NEXT MEATS Holdings, Inc. (OTC Market in the
FOODNICHE SUMMIT bridges the gap between scientific discovery taking place in academia and innovation in the marketplace. Now in its eighth year, the summit is focused on bringing food industry stakeholders together for networking, collaboration, and thought- provoking conversations on building a healthier and more resilient food system. (https://nycsummit.foodnicher.com)
For further information, please contact the following.
79-49 Motomachi, Niseko Town,
Abuta District,
TEL: +81-3-6457-7612
https://www.nextmeats.global
https://www.facebook.com/NextMeats/
https://www.instagram.com/nextmeatsjapan/
5-21 Toyosawa Cho,
Hanamaki, Iwate,
TEL: +81-3-4400-5201
https://dr-foods.net/en/
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SOURCE Dr.Foods Co., Ltd; Next Meats Co., Ltd
