Jellatech Reveals its First Animal-Free, Cell-Based Collagen
Jellatech, a North Carolina-based biotech startup, has announced the successful production of cell-based collagen using their proprietary cell lines. In their announcement, the company explains they have created full-length triple-helical collagen that functions identically to conventional sources.
Collagen is used in numerous industries including cosmetic, pharmaceutical, and food production. As such, Jellatech set out to create a clean and sustainably superior version of the protein. A version that does not rely on animals for sourcing. Collagen is traditionally sourced from animal skin, bones, and connective tissue.
In April last year, Jellatech secured $2 million in a pre-seed funding round which supported the ongoing collagen and gelatine R&D. This funding and extensive R&D work allowed Jellatech to send out samples of its collagen development with the aim of commercializing within 18 months. The recent announcement shows they have achieved bioidentical results with cell-based collagen – suggesting their ambition is within reach.
“This is a major milestone for us and I am beyond proud and excited that we are already here. Being able to see our clean cell-based collagen with the naked eye – it brings happy tears,” Stephanie Michelsen, CEO of Jellatech said in a statement.
The company first considered plant-based and fermentation-based methods before deciding against them due to their known limitations. Jellatech claims that both are unable to fully mimic the range of functionality that animal-based collagen contains, therefore its cell-based innovation is a step ahead.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.