Yield10 rises on progress of herbicide-tolerant Camelina variety
11/10/2023 14:02
** Shares of Yield10 Bioscience YTEN.O rise 6.4% to 35
cents premarket
** Co says it is on track for the commercial launch of its
herbicide-tolerant Camelina variety as early as 2025
** Says herbicide tolerance in Camelina supports large
acreage production of low-carbon intensity feedstock oil for the
biofuel market
** Camelina, also known as false flax and gold of pleasure,
is an ancient oil crop mainly grown in European countries
** Up to last close, shares down 80.2% YTD
(Reporting by Christy Santhosh)
((Christy.Santhosh@thomsonreuters.com))