Verdeca Receives USDA Approval of HB4® Drought Tolerant Soybeans
Bioceres Crop Solutions Corp. - Ordinary Shares (BIOX)
Company Research
Source: Business Wire
With USDA decision, HB4® event achieves regulatory approvals for more than 80 percent of the global soybean market ROSARIO, Argentina--(BUSINESS WIRE)--Bioceres Crop Solutions Corp. (NYSE American: BIOX), announced today that Verdeca, a joint venture between BCS Holding Inc., a wholly owned subsidiary of Bioceres Crop Solutions Corp. (the “Company”) and Arcadia Biosciences, Inc. (Nasdaq: RKDA), has successfully completed the regulatory review process and received approval from the U.S. Department of Agriculture (USDA) for its HB4® drought tolerant soybeans, which will allow for commercialization in the U.S. market. The approval comes two years after the U.S. Food and Drug Administration’s (FDA’s) approval of Verdeca’s HB4 trait in 2017.More than 30 million of the world’s soybean hectares are grown in the United States. With USDA approval, the HB4 trait now has regulatory approval in more than 80 percent of the global soybean market. The HB4 trait has already been approved in Argent
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BIOX
Sec Filings
- 3/25/24 - Form SC
- 2/28/24 - Form 6-K
- 2/14/24 - Form SC
- BIOX's page on the SEC website