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Pet Cloning Company to Close (10/12/2006)

Tags:
cloning, cats

Genetic Savings & Clone, the Sausalito, California company, that in 2004 created the first commecially cloned pet kitten is going out of business at the end of this year. The company claims that demand for the cloned pets, wasn't enough. The company had recently reduced the price to clone your pet from $50,000 to $32,000.

In letters sent to its customers last month, company CEO Lou Hawthorne said that it was "unable to develop the technology to the point that cloning pets is commercially viable."

Calls to the company were unanswered. Callers we told by recording that they were no longer accepting orders, and that if you wanted to bank a pet you could call ViaGen.

Genetic Savings & Clone opened for business in 2000 and cloned 5 cats, but sold only two. The company was funded by billionaire and University of Phoenix founder John Sperling, who had hoped to have his hunting dog cloned, a task that was never accomplished successfully.

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