Yield10 Bioscience, Inc. announced that the Company has exercised its option to finalize an exclusive global, commercial license to advanced omega-3 production technology from U.K.-based Rothamsted Research Limited ("Rothamsted"). In 2020, Yield10 signed an exclusive collaboration agreement with Rothamsted to support Rothamsted's Program to develop omega-3 oils in Camelina sativa ("Camelina"). As part of the collaboration agreement, Yield10 received an exclusive option to sign a global, exclusive license agreement for the technology.

The technology developed by Rothamsted enables the sustainable, plant-based production of omega-3 nutritional oils in Camelina. Over the last decade, the Rothamsted team, led by Professor Johnathan Napier, Ph.D., Science Director, has demonstrated the production of Omega-3 oils in Camelina seed and conducted evaluations of the oils in salmon feeding and human clinical studies to demonstrate lipid lowering effects. Omega-3 oils are essential for human nutrition and have demonstrated benefits in heart health.

In 2023, Peru, which produces 20% of the global fish oil supply, canceled its first season anchovy harvest due to a lack of mature fish. Producing omega-3 fatty acids in Camelina may represent a way to enable a predictable supply of high-quality omega-3 oils to meet the global demand for EPA and DHA. Under the collaboration with Yield10, additional intellectual property has been developed by Rothamsted for next generation omega-3 Camelina varieties.

However, in response to customer interest, Yield10 has elected to prioritize the current EPA8 omega-3 Camelina as the initial profile for commercialization. In spring 2023, Yield10 planted omega-3 (EPA) Camelina at acre-scale in the United States to begin the ramp-up of seed inventory for future planting as well as to produce oil for use in business development activities. The seed yield, oil content and oil composition of the EPA8 Camelina variety have thus far met the Company's expectations for performance, setting the stage for advanced development and possible future market introduction.

Yield10 plans to conduct further seed scale-up of EPA8 Camelina in contra season in South America this winter. In the third quarter of 2023, Yield10 submitted a Request for Status Review ("RSR") for EPA8 Camelina to USDA-APHIS Biotechnology Regulatory Services under the Sustainable, Ecological, Consistent, Uniform, Responsible, Efficient (SECURE) Rule. A favorable review under the SECURE Rule would allow the crop to be grown at large scale in the United States.

Yield10 and Rothamsted are also pursuing commercial development. Yield10 and RothAMsted are also pursuing commercial development and commercial development. Yield10 will also pursue commercial development in the United States.