Tag: Calyxt

Calyxt sells entire 2020 grain production to ADM, over 4M bushels

Calyxt sells entire 2020 grain production to ADM, over 4M bushels

January 3, 2021 |

In Minnesota, Calyxt, Inc., a plant-based technology company, contracted to sell all 2020 grain production of its high oleic soybean to ADM. The total purchases represent approximately four million bushels of high oleic soybean grain. ADM is responsible to crush the grain and will market and sell the resulting oil and meal. Calyxt’s high oleic […]

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Calyxt executes first trait license agreement with S&W Seed Company on alfalfa product

Calyxt executes first trait license agreement with S&W Seed Company on alfalfa product

November 7, 2020 |

In Minnesota, Calyxt reported third quarter 2020 revenue increases of 77% to $5.2 million year-on-year, significant progress on soybean product transition plan, a first trait license agreement with S&W Seed Company for alfalfa, and cash runway extended into the second half of 2022. Based on long-term U.S. sales projections, the license agreement could potentially generate […]

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On the Move –USGC ethanol manager, Neste’s Board of European Chemical Industry Council, Calyxt VP of BD, BASF and Stora Enso leadership

On the Move –USGC ethanol manager, Neste’s Board of European Chemical Industry Council, Calyxt VP of BD, BASF and Stora Enso leadership

October 29, 2020 |

As we wrap up the month of October, we have lots of moves going on in the bioeconomy with a farewell to U.S. Grains Council’s Manager of Ethanol Trade Policy and Economics, a new Vice President of Business Development at Calyxt, and not one but two moves going on at BASF and another two moves […]

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Calyxt Announces $15 Million Registered Direct Offering

Calyxt Announces $15 Million Registered Direct Offering

October 18, 2020 |

In Minnesota, Calyxt, Inc., a plant-based technology company, entered into definitive agreements with institutional investors for the purchase and sale of 3,750,000 shares of the Company’s common stock, at a purchase price of $4.00 per share, in a registered direct offering, with net proceeds going towards current product development pipeline advancement and more. Cellectis S.A., […]

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Calyxt’s high oleic low linolenic soybean oil deemed non-regulated by USDA – on path to commercialization

Calyxt’s high oleic low linolenic soybean oil deemed non-regulated by USDA – on path to commercialization

June 7, 2020 |

In Minnesota, Calyxt, Inc., a plant-based technology company, said its high oleic low linolenic soybean has been deemed a non-regulated article under the “Am I Regulated?” process by Biotechnology Regulatory Services of the Animal and Plant Health Inspection Service, an agency of the United States Department of Agriculture. Calyxt’s new HOLL soybean, developed using the […]

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Q1 Revenue of $2.4M, Uses Cash, Suspends 2020 Predictions: The Digest’s 2020 Multi-Slide Guide to Calyxt’s Q1 and COVID-19 Impact

Q1 Revenue of $2.4M, Uses Cash, Suspends 2020 Predictions: The Digest’s 2020 Multi-Slide Guide to Calyxt’s Q1 and COVID-19 Impact

May 27, 2020 |

Suspended. Reminiscint of the ‘bad kid’ at school who was always getting in trouble, we are hearing the word ‘suspended’ over and over again in 2020. Calyxt isn’t any different. In their Q1 2020 investor call, they shared the latest financials and ‘suspended’ 2020 predictions. Check out this slide guide including commentary from their CEO, Jim Blome, […]

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Calyxt launches consumer E-Commerce channel for Calyno Premium Cooking Oil

Calyxt launches consumer E-Commerce channel for Calyno Premium Cooking Oil

May 3, 2020 |

In Minnesota, Calyxt, Inc., a plant-based technology company, launched a retail offering of Calyno cooking oil, the company’s first commercial product, which is grown by Midwest farmers and produced in the United States. Calyno oil is allergen and gluten-free, with zero grams trans-fat per serving, 20% reduced saturated fat and comes with an FDA qualified […]

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Calyxt licenses new tech for greater efficiency in gene edited plants

Calyxt licenses new tech for greater efficiency in gene edited plants

April 12, 2020 |

In Minnesota, Calyxt, Inc., a plant-based technology company, 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 new technology could help Calyxt bring consumer-desired products, like better […]

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Calyxt reports record Q4, 2019 revenue of $7.3M, expects 2020 revenue to nearly double

Calyxt reports record Q4, 2019 revenue of $7.3M, expects 2020 revenue to nearly double

March 8, 2020 |

In Minnesota, Calyxt, Inc., a plant-based technology company, expanded their product pipeline to 9 crops and 14 projects under development, compared to 5 crops and 6 projects under development one year ago. The company expects 2020 revenue to nearly double and reports that revenue for 2019 increased to $7.3 million driven by the launch of […]

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Learnings from the Earnings – Who’s Up? Who’s Down?

Learnings from the Earnings – Who’s Up? Who’s Down?

March 23, 2019 |

The lucky 13 – with spring comes a sense of renewal and this season these lucky 13 bioeconomy bellwethers recently shared their 2018 and Q4 earnings to reveal uncertainties with trade wars, especially between the U.S. and China, some deals that fell through impacting losses, and pricing issues. But all is not lost as there […]

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