Core Viewpoint - The luxury goods industry is increasingly focusing on the commercialization of rare materials, including synthetic leather made from extinct species, to enhance exclusivity and sustainability [1][2][6]. Group 1: New Material Development - A new type of leather, created using synthetic biology techniques to replicate dinosaur skin, is expected to enter the market by the end of this year [3][5]. - The technology for this leather is developed by BSF Enterprise PLC's subsidiary, Lab-Grown Leather Ltd., in collaboration with VML and The Organoid Company, utilizing DNA from extinct species like Tyrannosaurus rex [5][6]. Group 2: Product Characteristics and Market Strategy - The dinosaur leather is anticipated to possess qualities superior to modern leather, such as increased durability and wear resistance [6]. - Initial applications will focus on accessories, with a flagship luxury fashion item targeted for launch by the end of 2025, followed by potential expansion into other sectors like the automotive industry [6]. Group 3: Production Methodology - Lab-Grown Leather Ltd. employs a unique "scaffold-free" tissue engineering technique, allowing cells to construct natural structures without additives, resulting in a product that closely resembles traditional leather [7]. - This method produces leather that is flawless, wrinkle-free, and scar-free, significantly reducing waste during production [7].