BioMilk, the groundbreaking food-tech company, which began trading on the Tel Aviv Stock Exchange just a month ago, has now received very important recognition from the stock exchange and its investors, when immediately after Passover, on Monday, April 5, 21, the company will enter the Tel Aviv Stock Exchange indices .
It was recently reported that BioMilk, which is developing a process for the production of cultured milk and cultured breast milk, has completed the merger process with Fantasy Network. As part of the merger between the two, the company began trading on the Tel Aviv Stock Exchange, under the name BioMilk (BMLK). Now, following the intense discourse around the stock and its stability during the trading period, it has received further recognition from the stock exchange and its entry into the indices. This process provides an additional seal of approval for the company’s activities both in the financial aspect as one of the first companies in their field traded on the stock exchange and in the scientific aspect of entering a leading company in research and development in its field.
Tomer Eisen, CEO of BioMilk Notes: “Within just one month of the company’s entry into trading on the Tel Aviv Stock Exchange, the company has received a great deal of trust from the stock exchange and in the field in which we operate, the food talk field, this is significant and very important news. The trust we will receive from the major investment bodies, we will be able to gain wider exposure and bring groundbreaking solutions to the global market. “
The company also reports that it filed a patent last Thursday for methods to increase milk production in a civilized system. The purpose of the method described in the application is to create a new process that will allow increased production of the important milk components, while overcoming the factors that currently limit the level of secretion and control the amount of components and the relationship between them, which may have high industrial value. Among the advantages of using the method described in the application are:
(A) a breakthrough that will enable the development of an industrial process for the production of cultured milk;
(B) Development of controlled processes that will allow control of the excretory ability of the essential milk components. These milk ingredients will later be used as a raw material for many and varied products.