Is Horse Placenta Mesenchymal Stem Cell Conditioned Media vegan?

Horse Placenta Mesenchymal Stem Cell Conditioned Media is the growth medium removed from cultures of horse placenta-derived mesenchymal stem cells after a period of growth, typically based on Dulbecco's Modified Eagle Medium and possibly containing fetal bovine serum.

An ingredient is considered vegan if it contains no animal-derived components at any point in its production.

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