Yield10 Bioscience Grants Research License to Forage Genetics to Evaluate Novel Yield Traits in Sorghum
The novel yield traits included in the research license agreement include C3003, a trait derived from algae, as well as four traits from Yield10's “GRAIN” platform, C4001, C4002, C4003 and C4029. The C4000 series traits included in the research license have been shown to significantly increase photosynthesis and biomass in research conducted by Yield10. One of the traits, C4029, may increase yield as well as confer drought tolerance to crops. The key objective of the licensing agreement is to provide Forage Genetics with novel traits to test alone and/or in any combination in sorghum that may identify new yield traits for potential future licensing from Yield10 for development and commercial deployment.
“Yield10 has benefited from its novel transcriptome network/metabolic engineering-based approach to gene discovery with a focus on photosynthesis and has defined a set of transgenes that have large potential for the enhancement of crop yield,” said
“Research with our traits has suggested they may be uniquely suited for deployment in forage crops,” said
Yield10 has established an open innovation model for the evaluation of its novel yield traits by agricultural companies. The intended benefit of the model is to allow agricultural companies to deploy traits in their proprietary, elite germplasm and test the performance of these traits in greenhouse and field studies they design and control. The research licenses granted under this model are non-exclusive but allow the licensees to initiate negotiations for exclusive licenses for traits they may seek to license from Yield10. Yield10’s innovation platform and pipeline of yield traits are applicable to commercial row crops in
According to the USDA, sorghum was grown on 5.6 million acres in the U.S. in 2018. Forage Genetics views forage sorghum as a key crop to deliver sustainable and profitable options to feed producers and consumers. Forage Genetics develops and markets forage sorghum products throughout
For more information about the company, please visit www.yield10bio.com.
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, statements regarding the potential of Yield10’s transgenes to enhance crop yield and confer drought tolerance to crops; the potential for work conducted under the research license to produce higher biomass yielding varieties of sorghum and the potential to sign a commercial license in the future, 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 the risks and uncertainties detailed in
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Source: Yield10 Bioscience, Inc.