Friday, November 22, 2024

Origin Agritech Developing Nutrition Enhanced Corn Using CRISPR Gene Editing

Origin Agritech Ltd. (the “Company” or “Origin”), an agriculture technology company, announced that it is developing nutritionally enhanced corn using CRISPR technology.

Origin is currently in trials to develop new corn varieties that have been genetically engineered to have balanced amino acid content. If these trials are successfully completed, it will validate Origin’s next generation methodology in applying CRISPR technology to develop new corn varieties. CRISPR gene editing does not introduce foreign DNA into the corn and as such more closely mimics gene mutations that frequently occur in nature. Additionally, the time and cost of developing genetically engineered corn using CRISPR is a fraction versus what it would be using traditional GMO technology.

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Dr. Gengchen Han, Origin Agritech’s Chairman, said, “We are very excited to be working on this industry leading application of CRISPR in agriculture. Our nutrition balanced corn trait would not only significantly reduce the need for costly additives in animal feed, it will also pave the way for many more applications of CRISPR technology.”

About Origin Agritech Limited

Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is a leading Chinese agricultural technology company. In crop seed biotechnologies, Origin Agritech’s phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China’s Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits. For further information, please visit the Company’s website at: www.originagritech.com. The company also maintains a twitter account for updating investors on company and industry developments, which is @origin_agritech.

Forward-Looking Statements

This communication contains “forward-looking statements” as defined in the federal securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements address expected future business and financial performance and financial condition, and contain words like “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “will,” “would,” “target,” and similar expressions and variations. Forward-looking statements address matters that are uncertain. Forward-looking statements are not guarantees of future performance and are based on assumptions and expectations which may not be realized. They are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates but involve a number of risks and uncertainties, many of which are beyond the company’s control.

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