People for the Ethical Treatment of Animals is offering a million-dollar prize for the "first person to come up with a method to produce commercially viable quantities of in vitro meat at competitive prices by 2012".
The organization said it would announce plans on Monday for a $1 million prize to the "first person to come up with a method to produce commercially viable quantities of in vitro meat at competitive prices by 2012".
Potential manufacturers of biosimilars need to see that there is a clear path to selling viable quantities of biologics in the United States at reasonable prices and that the current situation where even already approved biosimilars can't make it commercially in the United States is changed.
meanwhile, are working on a standalone torcetrapib pill that can be produced in commercially viable quantities.
When the drilling activity does not find commercially viable quantities of hydrocarbons, the well is classified as a "dry hole".
If Cuadrilla is to be successful in extracting commercially viable quantities of gas from the shale, it will need to drill a lot more – about six to eight holes per square mile, in fact, potentially running to hundreds or thousands of holes eventually.
For decades that left petroleum firms to focus on resources found in other formations, whose more porous rock allowed gas to flow in commercially viable quantities.
However, explorations by Chinese, Russian, Italian and British-Dutch drilling firms in the "Empty Quarter" of Saudi Arabia to date have not discovered any commercially viable quantities of natural gas.
Another scientist at Utrecht, Bernard Roelen, said via e-mail that he was "rather surprised" by news of the competition, but said that even with strong financing, it would be extremely difficult to produce commercially viable quantities of in vitro meat before 2012.
The threshold is based on numerous factors, for example, what are the economical viable quantities needed to manufacture or is tooling or special testing required?
