Yield10 Bioscience Signs Research Agreement with GDM to Evaluate New Yield Traits in Soybean
Under the agreement, GDM plans to work with Yield10 yield traits within its research and development program for soybean as a strategy to improve soybean yield performance and sustainability. The research agreement includes three novel crop yield traits in the first phase with the potential to expand the program to more traits in the future. In greenhouse and/or field tests performed by Yield10 to date, these novel traits have shown a range of promising activities relevant to soybean such as improved vigor, increased photosynthesis and/or increased seed yield.
Both Yield10 and GDM intend to explore forming a broader collaboration to leverage Yield10’s GRAIN trait gene discovery platform and GDM’s rapid trait editing capabilities in elite varieties for the discovery, development and launch of novel soybean performance traits.
“Yield10’s unique approach to trait discovery utilizing its ‘Trait Factory’ has produced a significant portfolio of yield traits with promising activities that are appealing to us for testing in our elite soybean germplasm,” said André Beló, Ph.D., New Breeding Techniques Manager at GDM. “GDM uses advanced research and breeding technologies, such as genome editing and genome selection and we believe there may be significant opportunities to develop new performance traits to complement our capabilities in plant breeding. We look forward to working with the Yield10 team to develop new varieties of high yielding soybean.”
“Working with major companies like GDM that lead innovation in the agriculture sector to test new traits identified using our
GDM is a global group that applies state-of-the-art technology to research, develop and commercialize maximum productivity soybean varieties and other crops. GDM employs 750 professionals, has operations in 16 countries, 13 R&D centers and an extensive testing location network throughout the world. Headquartered in
To learn more about GDM please visit www.GDMseeds.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, that Yield10 and GDM intend to explore forming a broader collaboration for traits in soybean, that the traits developed by Yield10 may contribute to new solutions to meet growing global food demand by boosting crop performance, that Yield10 traits have significant potential for producing yield benefits in soybean, and that the data generated in the GDM program will help Yield10 continue to characterize the activity of its traits across a range of crop plants, 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
Maria Soledad Echagüe, +54 (9 11) 3243-1381, email@example.com
Managing Director, CORE IR
Source: Yield10 Bioscience, Inc.