BEIJING, Feb. 10, 2020 /PRNewswire/ — Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), an agriculture technology and rural e-commerce company, today updates the progress of biotech research programs and strategies for the commercialization of GMO corn seeds and traits.  

China. As the leading corn seed biotechnology developer, Origin has been preparing for the commercialization of its technology for many years and has a rich pipeline to meet the potential demand for corn seed biotechnologies.

Origin has commercial cooperation programs with several multinational and local seed producers, including DuPont Pioneer and KWS. These programs are progressing very well, and the related technical work, including integration of Origin’s traits into their corn hybrids, mostly has been completed.

Furthermore, the next generation of insect resistance traits involving new Bt genes has been evaluated. New double-stacked and triple-stacked traits have been under intermediate testing. These traits are expected to expand the insecticidal spectrum and durability.

Origin continues to work with CAAS in developing next generation GMO genes to expand its GMO trait pipeline. Origin also works closely with CAAS for the biosafety certificate applications and commercialization of GMO corn seeds in China. 

RMB15 million (US$2.1 million) in an escrow account and the Company is completing the final steps of preparatory work so that BC-TID can inject the first tranche of cash investment as soon as possible.

China. The Company’s double-stacked corn traits of glyphosate tolerance and insect resistance is now in the final phase of biosafety certificate review by the Chinese MOA. Further cooperation with CAAS and the funding from BC-TID through the joint venture could provide the Company strong technical and financial support. Origin is prepared to take advantage of the opportunities in the field of agriculture biotechnology.

http://www.originseed.com.cn or http://www.originseed.com.cn/en/.” data-reactid=”21″>Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is China’s leading agricultural technology and a rural social e-commerce company, expanding in mid-2018 from crop seed breeding and genetic improvement business to be a leading technology developer in new rural e-commerce platform and Blockchain technologies. 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: http://www.originseed.com.cn or http://www.originseed.com.cn/en/.

Source: https://news.yahoo.com/origin-agritech-updates-gmo-corn-130000249.html