Yield10 Bioscience Announces Addition of Camelina to INTERLINE® Herbicide Label
23 5월 2024 - 9:32PM
Yield10 Bioscience, Inc. (OTC:YTEN) (“Yield10” or the “Company”),
an agricultural bioscience company, today announced that UPL Ltd.
(“UPL”) has received U.S. Environmental Protection Agency (“EPA”)
approval to amend the label language of INTERLINE® Herbicide to
include the oilseed Camelina sativa (“Camelina”). This approval
allows Yield10’s glufosinate-tolerant Camelina to be sprayed with
INTERLINE®, a glufosinate containing herbicide, providing farmers
with a much-needed method to control broad leaf weeds during
Camelina field production. INTERLINE is marketed and sold by UPL, a
global provider of sustainable agricultural solutions.
Camelina, a member of the Brassicaceae plant family, is
available in both spring and cold-tolerant winter varieties. Use of
the Camelina crop is currently ramping up commercially in North
America as a potential source of feedstock oil for the biofuel
industry. Yield10 is also progressing commercial development of
Camelina as a potential platform crop for producing new seed
products including engineered omega-3 oils for use in human
nutrition, animal feed and aquaculture.
“We appreciate the efforts of the UPL team to add Camelina to
the INTERLINE herbicide label,” said Kristi Snell, Ph.D., Chief
Science Officer and Vice President of Research of Yield10. “Having
methods to control broad-leaf weeds is essential to enabling the
large-scale adoption of Camelina as a commercial crop in North
America. Yield10 has engineered both spring and winter varieties of
Camelina for glufosinate tolerance. We anticipate that INTERLINE
will give Camelina farmers access to a widely used herbicide
solution that supports farm profitability and crop health.”
Yield10 is a leader in the development of Camelina, including
glufosinate-tolerant varieties. USDA-APHIS’s Biotechnology
Regulatory Services (“BRS”) determined in November 2023 that
Yield10’s glufosinate tolerant Camelina is not subject to
regulation under 7 CFR part 340 regulations after the Company
submitted a Regulatory Status Review Request (“RSR”) under the
SECURE Rule. This ruling allows Yield10’s glufosinate tolerant
varieties to be grown and bred in the United States. The recent EPA
label amendment allows growers to spray INTERLINE on glufosinate
tolerant Camelina varieties in the US under state
registrations.
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 biomaterials for use as biodegradable
bioplastics. Subject to the availability of sufficient financial
resources to continue operations, our commercial plan is based on
establishing a grain contracting business leveraging our
proprietary elite Camelina seed varieties, focusing on the
production of omega-3 oils for nutritional applications and
partnering or licensing our advanced Camelina gene technologies to
biofuel value chain partners to support their goals of meeting the
growing demand for low-carbon intensity feedstock oil. 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, the potential for the use of INTERLINE to facilitate
profitability and sustainability of Camelina cultivation, the
potential uses of Camelina in the biofuel industry, human
nutrition, animal feed and aquaculture, the potential for Camelina
to provide sustainable alternatives to existing means of omega-3
oil production, expectations related to Yield10’s continued
research and development activities for different varieties of HT
Camelina, the expected path to regulatory approvals for their
traits, the potential for herbicide tolerance in Camelina to
support grower adoption, and expectations regarding the integration
of Camelina with current weed control and crop rotation practices
of major crops, 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 Company’s ability to secure adequate funding in the
near term to continue operations, as to which no assurance can be
given, as well as 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 BioscienceLynne H.
Brum, (617) 682-4693, LBrum@yield10bio.com
Yield10 Bioscience (NASDAQ:YTEN)
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