Lab-cultured breast milk touted to have smaller carbon footprint than ordinary baby formula
Technocrat Bill Gates has received a lot of attention for his global health policy prescriptions related to COVID-19 lockdowns and vaccines.
The tycoons enthusiasm for experimental biotech injections should come as no surprise, given his longstanding global investments in vaccine-focused organizations and programs.
However, Mr. Gates also funds numerous other initiatives, all of whichlike his vaccine effortsfeature a near-evangelical belief in the power of science and technology to do Mother Nature one better.
The latest Gates-backed venture to attract notice is a Durham, North Carolina-based biotechnology start-up called Biomilq, which just raised $3.5 million to develop lab-cultured breast milk.
Leading the productive round of venture capital fundraising was Breakthrough Energy Ventures, a fund established in 2015 by Gates and a coalition of private investors to advance energy innovations. Fellow investors include Jeff Bezos, Michael Bloomberg, Richard Branson, George Soros and Mark Zuckerberg, among others.
In case it isnt obvious why an ostensibly climate-change-focused investment group of mostly men would be interested in a women-led biotech baby formula company, the media spelled it out in the headlines: According to Biomilq, the artificial, lab-cultured breast milk will have a smaller carbon footprint than ordinary baby formula.
Further emphasizing the start-ups apparently prosocial goals, one of the founders told journalists that the company made it clear to potential investors from day one that profitability wasnt the core interest. However, after explaining that the start-up was very careful about which investment firms it took money from, focusing on mission-driven investors rather than profit-motivated ones, she admitted that anybody worth half their salt can see that theres potentially a very large market here. A very large market
Biomilq is only the latest iteration of corporate attempts to subvert natures perfect feeding plan. As early as the 1930s, researchers suspected that commercial formula had a downside and was increasing infant mortality. This negative association became more obvious in the 1970s when Nestlé began aggressively marketing its infant formula to impoverished mothers in developing countries, contributing to the malnutrition and deaths of millions of infants. Although the international public health community subsequently reinforced its promotion of breastfeeding, neededand relatedimprovements such as safe drinking water and sanitation have lagged behind.
Nestlé remains one of the three leading purveyors of baby formula to this day, and the infant formula market is still booming. Estimates suggest that the market will be worth almost $104 billion globally by 2026, up from $45 billion in 2018. Although the CDC and World Health Organization (WHO) recommend that infants be exclusively breastfed for their first six months (and continue breastfeeding for at least another six months as complementary foods are introduced), 60% of U.S. mothers do not breastfeed for as long as they intend to. On a positive note, 84% of babies in the U.S. now have some breastfeeding experience and 57% are still partially breastfeeding by six months; on the other hand, only 48% and 25% are exclusively breastfed for three and six months, respectively. That leaves a large market niche for maternal milk substitutes that companies like Biomilq are only too eager to fill.