The company with an estimated $1 billion contract to make Covid-19 vaccines for the European Commission was best known until recently as a leader in the field of animal genetics.
n the race among vaccine makers to become the hero that beats Covid-19’s omicron variant, a small French company with a history of breeding birds, growing meat in a lab and developing insect protein is becoming a contender. preliminary tests
Omicron began to spread in 2021 as the world was opening up after more than a year of lockdown due to Covid-19, which hasmore than 5.6 million worldwide, including 868,000 in the U.S. Omicron is less lethal than previous incarnations of the virus, but its ability to spread means it’s still putting pressure on medical personnel. More than 700,000 cases of Covid-19 were reported in the U.S.
In 1970, the French government made the Grimaud Freres brand of ducks a national standard for breeding. In 2005, the company bought Hubbard, the largest poultry-genetics firm in the U.S., which sold heritage breeds. “My focus is on organic growth and takeovers,” Frédéric Grimaud told the publication Poultry World in 2012. “It has always been my dream to become a major shareholder in a chicken-breeding company.
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