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Cibus Reports Third Quarter Financial Results and Provides Year-to-Date Business Update for 2024
GlobeNewswire News Room· 2024-11-08 05:05
Announced a strategic realignment to advance commercial opportunities, focusing resources on advancement of weed management platform (HT1 and HT3) for Rice, Pod Shatter Reduction in Canola, Sclerotinia resistance for Canola and Soybean, and on Soybean platform development Great progress in Rice as we execute on our agreements with four major seed company customers in the United States and Latin America, with germplasm received from all customers; completed successful field trials with HT3 in customer germpl ...
Cibus Confirms its Herbicide Tolerance (HT2) Trait Shows Increased Tolerance to a Novel Herbicide for Weed Control in Canola
GlobeNewswire News Room· 2024-11-05 21:00
公司Cibus的HT2编辑油菜籽进展 - 第二代HT2编辑油菜籽温室测试成功 2025年将开展田间大规模测试[1] - HT2是多作物抗除草剂特性 公司相信可应用于大豆等作物[2] - 有助于解决杂草对传统除草剂的抗性问题 减少除草剂使用次数[2] 公司技术团队及战略意义 - 技术团队对植物耐除草剂的生化理解促成成果[3] - 有助于推进提高农民生产力的战略[3] - 是公司快速性状开发系统能力的重要证明[3] HT2性状在公司战略中的地位 - 是继HT1和HT3后的第三个抗除草剂性状[4] - 是构建多作物可用的基因编辑抗除草剂性状家族战略的一部分[4] - 基因编辑抗除草剂性状对很多作物有益[4] 公司概况 - 是领先的农业技术公司 通过授权植物性状收取版税[5] - 是基因编辑性状开发新时代的领导者[5] - 其RTDS®技术平台改变性状开发的速度规模等[5]
Cibus to Report Third Quarter 2024 Financial Results on November 7, 2024 After the Market Close and Host Conference Call
GlobeNewswire News Room· 2024-10-24 19:00
SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops and licenses plant traits to seed companies for royalties, today announced that the company will report third quarter 2024 financial results on Thursday, November 7, 2024. Cibus’ management team will host a conference call and audio webcast at 4:30 p.m. ET on that day to discuss the financial results and other company updates. Title: Cibus, Inc. Third Quarter 2024 Results Conferen ...
Cibus Inc. Announces Realigned Organization to Advance its Commercial Opportunities
GlobeNewswire News Room· 2024-10-21 19:00
SAN DIEGO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS) (the "Company"), a leading agricultural technology company that develops plant traits to license to seed companies for royalties, announced a restructuring and cost reduction initiatives, including a reduction in force (“RIF”), to optimize the Company’s business and cost structure in alignment with its strategic priority to advance its nearest-term commercial opportunities. The Company expects these actions, along with other initiatives ...
Cibus Technology to be Featured on InnovAction Stage at the Euroseeds2024 Congress
GlobeNewswire News Room· 2024-10-11 20:49
SAN DIEGO, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops plant traits to license to seed companies for royalties, has been named a finalist for the Euroseeds2024 InnovActor Award and will have its technology showcased on the InnovAction Stage at the Euroseeds2024 Congress. Cibus' presentation will be given by Dr. Jim Radtke (SVP Product Development) who was recently honored by the American Seed Trade Association (ASTA) with a Lifetime A ...
Cibus to Participate in the Food+ Forum during the 79th Session of the United Nations General Assembly
GlobeNewswire News Room· 2024-09-24 01:01
SAN DIEGO, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops plant traits to license to seed companies for royalties, today announced that Peter Beetham, Co-Founder, President and Chief Operating Officer, will participate in a panel discussion titled "Sowing Solutions: Innovations in Climate-Resilient Seeds" at the Food+ Forum during the 79th session of the United Nations General Assembly ("UNGA") in New York, NY, on Thursday, September 26 ...
Cibus Announces Pricing of Public Offering of Class A Common Stock
GlobeNewswire News Room· 2024-09-18 20:25
SAN DIEGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS) (the "Company" or "Cibus"), a leading agricultural biotechnology company that uses proprietary gene editing technologies to develop plant traits (or specific genetic characteristics) in seeds, today announced the pricing of an underwritten public offering of 3,000,000 shares of its Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") at a public offering price of $4.00 per share. The Company has granted the underw ...
Cibus, Inc. Announces Proposed Public Offering of Class A Common Stock
GlobeNewswire News Room· 2024-09-18 04:46
SAN DIEGO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural biotechnology company that uses proprietary gene editing technologies to develop plant traits (or specific genetic characteristics) in seeds, today announced that it intends to offer shares of its Class A common stock in an underwritten public offering. Cibus also expects to grant to the underwriters of the offering a 45-day option to purchase up to an additional 15% of the shares of Class A common stock offered ...
Cibus Completes First Field Trials in UK for Pod Shatter Reduction in Winter Oilseed Rape
GlobeNewswire News Room· 2024-09-10 19:00
Initial data from Pod Shatter Reduction field trials show promising results The first gene edited trait to complete field trials in oilseed rape in the UK SAN DIEGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS), a leading agricultural technology company that develops and licenses plant traits to seed companies for royalties, today announced that it has completed initial field tests of its Pod Shatter Reduction (PSR) trait in the United Kingdom. The initial data from these trials support Cib ...
Cibus(CBUS) - 2024 Q2 - Earnings Call Transcript
2024-08-10 23:19
财务数据和关键指标变化 - 现金及现金等价物为3000万美元,较上年同期增加 [53] - 研发费用为1300万美元,较上年同期增加54.8% [54] - 销售及管理费用为930万美元,较上年同期下降16.2% [55] - 无现金的特许权使用费利息费用为870万美元,较上年同期增加233.8% [56] - 净亏损为2850万美元,较上年同期增加38.5% [57] 各条业务线数据和关键指标变化 - 公司已与4家主要的大米种子公司建立合作关系,覆盖约40%的可用种植面积 [58] - 公司在抗白粉病和除草剂耐受性等高级特性方面取得重大进展 [59] 各个市场数据和关键指标变化 - 公司在加拿大获得监管批准,这为公司在油菜籽等作物上的发展带来重要机遇 [109][110][111] - 公司正在英国进行首次田间试验,并预计将在未来获得更多国家的监管批准 [109][110] 公司战略和发展方向及行业竞争 - 公司致力于成为主要农作物如玉米、大豆、小麦和水稻的基因编辑特性开发领导者 [8][9][14] - 公司开发了多种除草剂耐受性和抗病性等复杂特性,这些特性对农民的产量、成本和效率有直接的积极影响 [15][16][26][45] - 公司正在加快推进小麦和大豆等新作物平台的开发,并计划在2024年底前完成大豆平台的初步编辑 [48][49][50] - 公司正在开发可持续农业原料业务,这是公司长期增长战略的关键组成部分 [51][52] 管理层对经营环境和未来前景的评论 - 管理层对公司在商业化和技术进展方面取得的成就感到兴奋,认为这是公司成功转型的重要标志 [25][29] - 管理层认为公司在除草剂耐受性和抗病性等复杂特性方面的能力是公司的核心竞争优势 [15][16][26][45] - 管理层对公司在监管环境方面取得的进展感到乐观,认为这将为公司未来的发展带来重要机遇 [22][23] 其他重要信息 - 公司已完成第三种抗白粉病模式的基因编辑,这是一个重要里程碑 [26][42] - 公司实现了首次营养利用效率(NUE)特性的初步编辑,这在农业行业具有重大意义 [45][46][47] 问答环节重要的提问和回答 问题1 **Nick Anderson 提问** 询问公司在大豆业务方面的机会和时间安排 [63][64][65][66][67] **Rory Riggs 回答** 公司大豆业务进展顺利,预计2024年底前完成大豆平台的初步编辑,并与主要种子公司建立合作关系 [64][65][66][67] 问题2 **Matthew Venezia 提问** 询问公司是否会单独转让除草剂耐受性基因编辑特性,还是只提供堆栈版本 [76][77][78][79][80][81] **Rory Riggs 和 Peter Beetham 回答** 公司计划提供单一特性和堆栈特性并举,以满足不同农民的需求,这是公司在除草剂管理业务的核心竞争力 [77][78][79][80][81][82][83][84][85] 问题3 **Sameer Joshi 提问** 询问公司是否已经获得了可持续原料业务的额外资金支持 [98][99][100][101][102][103][104][105] **Rory Riggs 和 Peter Beetham 回答** 公司已经获得客户的额外资金支持,用于加快可持续原料业务的发展,这是公司长期增长战略的关键组成部分 [100][101][102][103][104][105]