Arcadia Biosciences and DuPont Pioneer Achieve Milestone in the Development of High-Value Specialty Oil
01 Juni 2016 - 2:00PM
Business Wire
-- Arachidonic Acid Oil Produced in
Safflower Provides Cost-Effective Source for Critical Nutritional
Oil Ingredient --
Arcadia Biosciences, Inc. (Nasdaq: RKDA) and DuPont Pioneer
(NYSE: DD) today announced the successful field-trial validation of
safflower plants that produce high levels of arachidonic acid (ARA)
oil, a high-value, specialty nutritional oil for global consumer
markets. The achievement of this key milestone represents a
significant step in the collaboration between Arcadia and DuPont
Pioneer to develop a new plant-based and cost-effective source of
oil with high levels of ARA.
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ARA is an omega-6 fatty acid that, along with certain omega-3
fatty acids, plays a critical role in neural and visual development
of infants. It is one of the most abundant fatty acids in the
brain, and neurological health is reliant upon sufficient levels of
ARA.
ARA is used as a functional ingredient in many infant nutrition
products, and has been shown to provide developmental benefits
similar to breastfeeding. Its use in nutritional products has been
reviewed and supported by the U.S. Food and Drug Administration,
the Food and Agriculture Organization of the United Nations and the
World Health Organization. High ARA safflower plants will offer an
alternative and more efficient source for the ingredient that will
improve manufacturing economics and encourage wider use of ARA.
“The newly developed safflower oil could ultimately provide a
renewable and sustainable source of this nutritionally important
fatty acid. Since sunlight provides all the energy needed to make
ARA in safflower seed oil, this production technique also is very
cost-effective when compared with current commercial methods,” said
Tony Kinney, research director, DuPont Pioneer.
“The achievement of this milestone further demonstrates
Arcadia’s expertise in developing high-value nutritional oils
leveraging our omega-6 platform,” said Raj Ketkar, CEO of Arcadia.
“The development of ARA safflower oil will expand Arcadia’s
nutritional oil offerings and will build on our experience in the
development, regulatory management, production and marketing of
these high-value products.”
Arcadia’s ARA safflower oil is in the late stages of product
development. Regulatory approval would be sought prior to
commercialization.
About Arcadia Biosciences, Inc.
Based in Davis, Calif., with additional facilities in Seattle,
Wash. and Phoenix, Ariz., Arcadia Biosciences (Nasdaq: RKDA)
develops agricultural products that create added value for farmers
while benefitting the environment and enhancing human health.
Arcadia’s agronomic performance traits, including Nitrogen Use
Efficiency, Water Use Efficiency, Salinity Tolerance, Heat
Tolerance and Herbicide Tolerance, are all aimed at making
agricultural production more economically efficient and
environmentally sound. Arcadia’s nutrition traits and products are
aimed at creating healthier ingredients and whole foods with lower
production costs. The company was recently listed in the Global
Cleantech 100 and was previously named one of MIT Technology
Review's 50 Smartest Companies. For more information, visit
www.arcadiabio.com.
About DuPont Pioneer
DuPont Pioneer is the world’s leading developer and supplier of
advanced plant genetics, providing high-quality seeds to farmers in
more than 90 countries. Pioneer provides agronomic support and
services to help increase farmer productivity and profitability and
strives to develop sustainable agricultural systems for people
everywhere. Science with Service Delivering Success®.
About DuPont
DuPont (NYSE: DD) has been bringing world-class science and
engineering to the global marketplace in the form of innovative
products, materials, and services since 1802. The company believes
that by collaborating with customers, governments, NGOs, and
thought leaders, we can help find solutions to such global
challenges as bringing enough healthy food for people everywhere,
decreasing dependence on fossil fuels, and protecting life and the
environment. For additional information about DuPont and its
commitment to inclusive innovation, please visit
www.dupont.com.
Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements relating to Arcadia’s ARA safflower oil.
Forward-looking statements are subject to risks and uncertainties
that could cause actual results to differ materially, and reported
results should not be considered as an indication of future
performance. These risks and uncertainties include, but are not
limited to: Arcadia’s and its partners’ ability to develop and
market commercial products incorporating ARA safflower oil; the
company’s compliance with laws and regulations that impact the
company’s business, and changes to such laws and regulations; the
company’s future capital requirements and ability to satisfy its
capital needs; and the other risks set forth in the company’s
filings with the Securities and Exchange Commission from time to
time, including the risks set forth in the company's Quarterly
Report on Form 10-Q for the quarter ended March 31, 2015 and other
filings. These forward-looking statements speak only as of the date
hereof, and Arcadia Biosciences, Inc. disclaims any obligation to
update these forward-looking statements.
The DuPont Oval logo, DuPont™ and all products, unless otherwise
noted, denoted with ™, ℠ or ® are trademarks or registered
trademarks of E.I. du Pont de Nemours and Company or its
affiliates.
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version on businesswire.com: http://www.businesswire.com/news/home/20160601005195/en/
Arcadia BiosciencesJeff
Bergau312-217-0419jeff.bergau@arcadiabio.comorDuPont
PioneerSusan Mantey614-902-0836susan.mantey@pioneer.com
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