USDA-APHIS Determines that Yield10 Bioscience’s Stacked Herbicide Tolerant Camelina May Be Planted and Bred in the United States
15 Novembro 2023 - 10:32AM
Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the
“Company”), an agricultural bioscience company, today announced
that the U.S. Department of Agriculture Animal & Plant Health
Inspection Service’s (“USDA-APHIS’s”) Biotechnology Regulatory
Services (“BRS”) has determined that Yield10’s stacked herbicide
tolerant (“HT”) Camelina sativa ("Camelina”) may be grown and bred
in the United States. In April 2023, Yield10 submitted Request for
Confirmation of Regulatory Status packages to the BRS under the
Sustainable, Ecological, Consistent, Uniform, Responsible,
Efficient (“SECURE”) Rule, for stacked HT Camelina varieties. The
response from USDA-APHIS means that the agency does not consider
the modified Camelina varieties to be an increased plant pest risk
as compared to unmodified Camelina] and are therefore not subject
to regulation under 7 CFR part 340 regulations. Yield10’s
submissions along with the USDA-APHIS BRS responses are posted on
the USDA’s website.
Yield10 is developing stacked HT Camelina varieties with
tolerance to the application of glufosinate, a Group 10 herbicide
used to control broadleaf weeds, as well as tolerance to soil
residues of Group 2 herbicides, specifically including tolerance to
both imidazolinones (“IMIs”) and sulfonylureas (“SUs”). Group 2
herbicides are commonly used to manage weeds in cereal and pulse
crop rotations and can persist in the soil for months following
use. Yield10 is executing a program to develop and commercialize
spring and winter Camelina varieties with stacked herbicide
tolerance traits to achieve large-acreage adoption of the crop in
North America.
“The regulatory clearance of our stacked HT Camelina represents
another significant commercial milestone achieved by the Yield10
team, underscoring our commitment to establishing both technical
and commercial leadership positions in Camelina,” said Kristi
Snell, Ph.D., Chief Scientific Officer of Yield10 Bioscience.
“Earlier this year, we conducted our first field tests of stacked
HT Camelina and reported positive results. Going forward, we expect
to generate additional field data as well as build seed inventory
to support the commercial launch of our stacked HT Camelina
varieties.”
“Our team has done outstanding work advancing the development
and commercialization of HT and stacked HT Camelina,” said Oliver
Peoples, Ph.D., Chief Executive Officer of Yield10 Bioscience. “We
expect these varieties to form the centerpiece of our portfolio of
elite Camelina varieties that our team will be able to offer to
growers and will be critical to enabling the cultivation of
Camelina on large acreage in North America. Our commercial strategy
is to advance our leadership position in Camelina by innovating to
bring forward new value-added traits to the Camelina crop that
provide meaningful improvements in yield, agronomic, and economic
performance to the grower.”
About the SECURE Rule
The SECURE Rule was published on May 18, 2020 and represented
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 reduced 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 tolerance 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, those relating to the Company’s plans for the continued
development and commercial launch of herbicide tolerant Camelina;
whether deployment of a robust herbicide tolerance package in
Camelina will be attractive to growers, allow for large-acreage
cultivation of Camelina and drive commercial adoption of the crop;
and whether the Company’s work in Camelina will improve the
performance and economic value of the crop, including its potential
to allow for sustainable production of feedstock oils, omega-3 oils
and PHA bioplastics, 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
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