USDA-APHIS Determines that Yield10 Bioscience’s Glufosinate Tolerant Camelina May Be Planted and Bred in the United States
15 11월 2023 - 10:31PM
Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the
“Company”), an agricultural bioscience company, today announced
that USDA-APHIS’s Biotechnology Regulatory Services (“BRS”) has
determined that Yield10’s glufosinate tolerant Camelina sativa
("Camelina”) may be grown and bred in the United States. Yield10
submitted a Request for Regulatory Status Review (“RSR”) to the BRS
under the SECURE Rule in June 2022 for glufosinate tolerant
Camelina. The response from USDA-APHIS means that the agency does
not consider the modified Camelina plant to be an increased plant
pest risk as compared to unmodified Camelina and is therefore not
subject to regulation under 7 CFR part 340 regulations. Yield10’s
submission along with the USDA-APHIS BRS response is posted on the
USDA’s website.
“The regulatory clearance of glufosinate tolerant Camelina
through USDA-APHIS represents a significant commercial milestone
for Yield10,” said Kristi Snell, Ph.D., Chief Scientific Officer of
Yield10 Bioscience. “Our approach to developing elite Camelina
varieties is based on introducing new traits into the crop to
benefit growers. We believe glufosinate tolerant Camelina will
provide growers with new options for weed management allowing
Camelina to fit seamlessly into crop rotations driving commercial
adoption. We are building seed inventory of our spring glufosinate
tolerant Camelina to support commercial launch as early as 2025 to
support grower contracts to produce low-carbon feedstock oil for
the biofuel market.”
“Decarbonizing transportation biofuels and identifying scalable
replacements for depleted fish oil sources of omega-3 fatty acids
for health and nutrition represent major societal challenges and
will require sustainable agriculture solutions based on all of the
advanced genetic tools available for improving crop productivity,
in particular stacking genetic traits using combinations of gene
editing and traditional genetic engineering methods,” said Oliver
Peoples, Ph.D., Chief Executive Officer of Yield10 Bioscience. “We
believe this first approval from USDA-APHIS for HT Camelina is a
major commercial milestone that reinforces our commitment to using
best-in-class advanced gene technologies to improve the performance
and economic value of the Camelina crop. Our spring E3902 HT
Camelina variety embodies this approach combining eight gene edits
to boost oil content along with the gene conferring herbicide
tolerance introduced using traditional genetic engineering methods.
Stacking new traits in Camelina will enable us to expand our
portfolio of commercial Camelina varieties available to
growers.”
Peoples continued, “With over 30 years of safety experience with
biotech crops in the U.S., we’re pleased to see the science-based
approach codified in the SECURE Rule to evaluate and confirm the
regulatory status of well-studied traits deployed into new crops.
This framework also enables clarity around the regulatory path
early in the development of new traits, enabling close alignment of
the timing for the confirmation of regulatory status, seed
production ramp-up and commercial launch planning.”
Glufosinate, a broad-spectrum Class 10 herbicide, is used to
protect seed yield by controlling broadleaf weeds during commercial
crop production. In August 2022, Yield10 reported that the Company
had observed good herbicide tolerance to glufosinate in its
candidate Camelina lines and chose lead lines for commercial
development. Yield10 is currently scaling-up seed inventory in
anticipation of the commercial launch of glufosinate tolerant
Camelina. Yield10 is also developing Camelina stacked HT traits
combining tolerance to glufosinate along with tolerance to Group 2
soil residual herbicide to produce a robust weed control package
for growers of the crop. Yield10 is developing elite varieties of
Camelina to supply under grower contracts to produce feedstock oils
for the biofuel market and to produce omega-3 (EPA, DHA) oils for
use as pharmaceutical, nutritional and animal feed ingredients.
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 planned scaling up of
seed inventory and timing for the commercial launch of
glufosinate-tolerant Camelina; whether deployment of a robust
herbicide tolerance package in Camelina will be attractive to
growers 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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