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0.0398550724637681 -0.00724637681159421 0.134057971014493 -0.0579710144927537 0.0434782608695653 0.0434782608695653 0.0652173913043477 0.0434782608695653
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Yield10 Bioscience Announces First Quarter 2024 Financial Results

YIELD10 BISCIENCE INC NEW (YTEN) 
US:NASDAQ Investor Relations: ir.yield10bio.com/investor-relations
Company Research Source: GlobeNewswire
WOBURN, Mass., May 15, 2024 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) ("Yield10" or the "Company"), an agricultural bioscience company, today reported financial results for the first quarter ended March 31, 2024. "In the first quarter of 2024, we made the strategic decision to focus our resources on the commercialization of Camelina products targeting the aquafeed and nutritional markets for omega-3 fatty acids," said Oliver Peoples, Ph.D., President and Chief Executive Officer of Yield10. "We are building seed inventory in anticipation of commercial scale planting, planning to obtain regulatory approval to sell omega-3 oil for aquafeed in Chile, and engaging with potential commercial partners to enable future commercial sale of omega-3 oil and meal in target markets. "We recently completed deliverables earning $1 million in milestone payments from Vision Bioenergy Oilseeds. Earlier this year, we granted a license to VISION related to our herbicide tolerance techn Show less Read more
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