Calyxt Licenses New Enabling Technology from University of Minnesota for Greater Efficiency in Gene Edited Plants
Calyxt, Inc. (CLXT)
Last calyxt, inc. earnings: 11/6 04:05 pm
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Source: Business Wire
Unique Technology Has Potential to Reduce Gene Edited Plant Production Timelines & Increase Speed to Market ROSEVILLE, Minn.--(BUSINESS WIRE)--Calyxt, Inc. (NASDAQ: CLXT), a plant-based technology company, has licensed a new method to help increase plant gene editing efficiency from the University of Minnesota. The method has the potential to reduce the time needed to edit plants from approximately one year to several months.This breakthrough, co-invented by Dan Voytas, Ph.D., the co-founder of Calyxt and the University of Minnesota Professor of Genetics, Cell Biology and Development, is an example of the opportunistic synergies that Calyxt has with the University of Minnesota to put into commercial practice some of the technical discoveries coming out of the University's research programs. This new technology could help Calyxt bring consumer-desired products, like better tasting plant proteins, to the market faster."It is extremely rewarding to see research performed at the Univer
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