Cibus Announces New Publication: Industrial Scale Gene Editing In Brassica Napus
Portfolio Pulse from Benzinga Newsdesk
Cibus, Inc. (NASDAQ:CBUS) has published a paper in the International Journal of Plant Biology detailing their advancements in gene editing for Brassica napus (canola). The company's Trait Machine™ System has significantly reduced the time required to develop new traits in plants, from up to 16 years to 3-5 years. This has been achieved through partnerships, including one with Bayer. The RTDS-based high throughput breeding system produces traits indistinguishable from those developed through conventional breeding, and under the European Commission's proposal, these traits may be considered 'conventional-like'.
November 30, 2023 | 1:03 pm
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Cibus has announced significant advancements in gene editing for canola, which could lead to faster development of new plant traits and potential regulatory advantages in Europe.
The news of Cibus's publication and the potential for their traits to be considered 'conventional-like' under European regulations could be seen as a positive development for the company. The ability to speed up the breeding process and the collaboration with Bayer could attract investor interest and potentially increase the stock price in the short term.
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