# Galy signs $50M deal with Suzuran Medical for lab-grown cotton supply

Galy, a Boston-based startup, has signed a ten-year, $50 million deal with Japanese manufacturer Suzuran Medical to supply lab-grown cotton for use in medical and consumer products. This is the first commercial use of laboratory-grown cotton.

- Type: Contract
- Announced: 2023-08-09
- Where: Japan
- Value: $50.0M
- Status: announced
- Capacity: thousands of tons per annum
- Products: lab-grown cotton, surgical cotton, cosmetic cotton, gauze, absorbent cotton
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Galy](https://endata.com/companies/71318.md) (supplier)
- [Suzuran Medical Inc.](https://endata.com/companies/71319.md) (customer)

## Sources

- [textileinsights.in](https://textileinsights.in/worlds-first-laboratory-cell-grown-cotton-strikes-50mn-deal/), 2023-08-09: "Suzuran will use Galy's cotton grown from cells in products like cosmetic cotton and cotton sheets, and medical products such as gauze and absorbent cotton for medical and consumer use."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
