Yield10 Bioscience Provides Update on Recent Advancements in the Development of Elite Herbicide Tolerant Camelina
11 Outubro 2023 - 9:31AM
Yield10 Bioscience, Inc. (Nasdaq: YTEN) (“Yield10” or the
“Company”), an agricultural bioscience company, today announced
recent advancements toward enabling weed control for Camelina
cultivation and supporting grower adoption of the crop for
production of low-carbon intensity feedstock oil for the biofuel
market.
Control of broadleaf weeds is essential for the rapid adoption
and success of commercial crops in North America. Yield10 is
establishing a leadership position in the development of herbicide
tolerant (“HT”) Camelina to drive broad acceptance of the crop by
growers. The Company is developing Camelina with tolerance to a
broad leaf herbicide, which has been used safely in commercial crop
production for over 25 years. In addition, Yield10 is developing an
herbicide package for Camelina, incorporating tolerance to
over-the-top application of broadleaf herbicide as well as
tolerance to soil residual Group 2 herbicides, which are commonly
used to control weeds in cereal crops.
“The Yield10 team is making significant progress toward our goal
of launching elite herbicide tolerant Camelina for producing
feedstock oil for the biofuels market,” said Kristi Snell, Ph.D.,
Chief Science Officer of Yield10 Bioscience. “We aim to facilitate
the seamless integration of Camelina with current weed control and
crop rotation practices of major crops in order to enable the
planting of Camelina on large-scale acreage. This winter, we
anticipate that our program will achieve another important
milestone as we conduct field tests of stacked HT winter Camelina
for the first time. We will also continue to execute on seed
scale-up and regulatory activities in support of the planned
commercial launch of our elite HT and stacked HT Camelina
varieties.”
Development of commercial quality herbicide tolerant
Camelina. Broad-spectrum herbicides have been used to
protect seed yield by controlling broadleaf weeds.
- Yield10 has demonstrated tolerance to over-the-top spray
application of a commonly used broad leaf herbicide in its E3902 HT
Camelina in three cycles of field testing. Additional field test
data is being collected and grain and protein meal samples analyzed
to support the use of HT Camelina meal in livestock feed.
Throughout 2023, Yield10 has conducted seed scale-up activities
that will continue in the contra season in Chile. Yield10 is
building seed inventory for a planned commercial launch of HT
spring Camelina as early as 2025.
- Last year, Yield10 filed a request for Regulatory Status Review
(“RSR”) with USDA-APHIS Biotechnology Regulatory Services (“BRS”)
for Yield10’s broadleaf HT Camelina under the Sustainable,
Ecological, Consistent, Uniform, Responsible, Efficient (“SECURE”)
Rule. A response from the agency is pending.
- Earlier this year, one of the manufacturers of the herbicide
submitted a label amendment to the Environmental Protection Agency
to allow use of their broadleaf herbicide on Camelina.
Development of commercial quality stacked HT
Camelina. Yield10 is developing elite Camelina varieties
with a robust weed control package based on tolerance to a broad
leaf herbicide application as well as to soil residues of Group 2
herbicides (“IMI”/imidazolinones and “SU”/sulfonylurea).
- Yield10 recently announced it demonstrated tolerance to
over-the-top spray application of the commonly used broad leaf
herbicide as well as tolerance to Group 2 herbicide in its spring
E3902 stacked HT Camelina. Yield10 plans to conduct seed scale-up
activities in contra season in Chile for this variety.
- Yield10 researchers have developed candidate stacked HT winter
Camelina. Yield10 is testing stacked HT winter Camelina in field
tests for the first time this winter.
- Earlier this year Yield10 filed an RSR with USDA-APHIS (BRS)
for Yield10’s stacked HT Camelina under the SECURE Rule. A response
from the agency is pending.
About the SECURE Rule
The SECURE Rule was published on May 18, 2020 and represents the
first comprehensive revision of APHIS’ biotechnology regulations
since 1987. The revisions enable APHIS to regulate organisms
developed using genetic engineering for plant pest risk with
greater precision and reduce regulatory burden for developers of
organisms that are unlikely to pose plant pest risks. Once a
specific plant developed through genetic engineering is found not
to require regulation, new varieties of the plant containing the
same genetic modification would similarly not be regulated.
Camelina plants containing herbicide resistance traits are subject
to labeling under EPA regulations.
About Yield10 Bioscience
Yield10 Bioscience, Inc. ("Yield10" or the "Company") is an
agricultural bioscience company that is leveraging advanced
genetics to develop the oilseed Camelina sativa ("Camelina") as a
platform crop for large-scale production of sustainable seed
products. These seed products include feedstock oils for renewable
diesel and sustainable aviation biofuels; omega-3 (EPA and DHA+EPA)
oils for pharmaceutical, nutraceutical and aquafeed applications;
and, in the future, PHA bioplastics for use as biodegradable
bioplastics. Our commercial plan is based on establishing a grain
contracting business leveraging our proprietary elite Camelina seed
varieties, focusing on the growing demand for low-carbon intensity
feedstock oil for biofuels and omega-3 oils for nutritional
applications. Yield10 is headquartered in Woburn, MA and has a
Canadian subsidiary, Yield10 Oilseeds Inc., located in Saskatoon,
Canada.
For more information about the Company, please
visit www.yield10bio.com, or follow the Company on X
(formerly Twitter), Facebook and LinkedIn.
(YTEN-G)
Safe Harbor for
Forward-Looking Statements
This press release contains forward-looking statements which are
made pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The forward-looking
statements in this release do not constitute guarantees of future
performance. Investors are cautioned that statements in this press
release which are not strictly historical, including, without
limitation, expectations related to the Company’s continued
research and development activities for different varieties of HT
Camelina, the expected path to regulatory approvals for their
traits, the reproducibility of data from greenhouse and field
tests, the potential for herbicide tolerance in Camelina to support
grower adoption and enable large acreage production of the crop and
ultimately to allow for low-carbon intensity feedstock oil for the
biofuel market, expectations regarding the integration of Camelina
with current weed control and crop rotation practices of major
crops, the start and timing of completion of field tests and seed
scale-up activities, and commercial launch plans for the Company’s
products, constitute forward-looking statements. Such
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially
from those anticipated, including, but not limited to, the risks
and uncertainties detailed in Yield10 Bioscience's filings with the
Securities and Exchange Commission. Yield10 assumes no obligation
to update any forward-looking information contained in this press
release or with respect to the matters described herein.
Contacts: Yield10 Bioscience:Lynne H. Brum,
(617) 682-4693, LBrum@yield10bio.com
Investor Relations: Bret Shapiro, (561) 479-8566,
brets@coreir.comManaging Director, CORE IR
Media Inquiries: Eric Fischgrund, eric@fischtankpr.com FischTank
PR
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