Tag: Calyxt

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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Agriculturally advantaged traits: The Digest’s 2017 Multi-Slide Guide to Calyxt

Agriculturally advantaged traits: The Digest’s 2017 Multi-Slide Guide to Calyxt

October 9, 2017 |

Calyxt is pioneering a paradigm shift to deliver both healthier specialty food ingredients, such as healthier oils and high fiber wheat for consumers as well as agriculturally advantageous traits, such as herbicide tolerance to farmers. The technology enables Calyxt to precisely and specifically edit a plant genome to elicit the desired traits and characteristics, resulting […]

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A Blustery Day in the Bioeconomy’s Billion Acre Wood: The Latest from EPA, POET, Fuels America, Calyxt, Eligo Bioscience, Queensland, Gevo, Virgin, and Unilever

A Blustery Day in the Bioeconomy’s Billion Acre Wood: The Latest from EPA, POET, Fuels America, Calyxt, Eligo Bioscience, Queensland, Gevo, Virgin, and Unilever

October 3, 2017 |

British author AA Milne is in the news this week with the impending release of “Goodbye Christopher Robin,” which brings to mind “Winnie the Pooh and the Blustery Day”. It’s been bluster and bother and in the bioeconomy this week, all right, and significant players are feeling downright Eeyoreish and we’ll get to that. But some […]

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IPO market re-opens, sort of, as Calyxt raises $56M in NASDAQ offering

IPO market re-opens, sort of, as Calyxt raises $56M in NASDAQ offering

July 20, 2017 |

In Minnesota, Calyxt, the gene editing agriculture company, raised $56M and priced its NASDAQ initial public offering of 7 million shares at $8.00. The number of shares in the offering was sweetened to 7 million this week, from the original estimate of 6.06 million — and the price was substantially lower than the expected $15.00-$18.00 […]

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Calyxt files for $109M IPO: The Digest’s 5-Minute Version

Calyxt files for $109M IPO: The Digest’s 5-Minute Version

July 13, 2017 |

A technology unlocking value in agriculture through accelerated breeding comes to the public markets. No time to read the 101,000 words on the complete IPO filing? Here’s our 5-minute version, with a translation of the risks into English. In Minnesota, Calyxt has filed an S-1 registration statement for a proposed $109 million initial public offering.  The […]

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