Impossible Foods to Take Motif Heme Business Via Settlement (1)

Sept. 3, 2024, 8:31 PM UTCUpdated: Sept. 4, 2024, 6:53 PM UTC

Impossible Foods Inc. will take over Motif FoodWorks Inc.'s business related to heme, a compound that helps give meat—and the companies’ plant-based meat—its flavor, as part of their settlement of a patent-infringement lawsuit with Boston-based Ginkgo Bioworks Inc. and Motif, a spinoff.

The companies announced the resolution Wednesday, a day after Judge William C. Bryson approved the settlement in a dismissal order in the US District Court for the District of Delaware. Neither side will be able to renew any allegations made in the case.

  • “This resolution affirms Impossible Foods’ category leadership and the strength of its product portfolio related ...

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