University of Minnesota Grants Calyx Therapeutics Inc. An Exclusive License To Its Homologous Recombination Technology In Plants

NEW BRIGHTON, Minn.--(BUSINESS WIRE)--Calyxt, Inc., a Minnesota-based company focusing on developing healthier food products, today announced that it has signed an exclusive license agreement with the University of Minnesota that grants Cellectis the worldwide rights to use the technology covered by the patent rights of the family PCT/US2013/046495 entitled “Gene Targeting Using Replicating DNA Molecules”. In combination with nuclease technologies, this delivery method, which is based on a group of DNA viruses known as geminiviruses, enables efficient targeted modification of plant genomes and was developed by Professor Dan Voytas’ laboratory in the University of Minnesota.

“We are excited to add this innovation to our broad technology portfolio, that will reinforce our leading position in the field of plant gene editing, while helping expand our pipeline of healthier food products that meet consumer needs”

Homologous recombination is a central cellular process involved in many aspects of genome maintenance such as DNA repair, replication, telomere maintenance, and meiotic chromosomal segregation. The targeted editing of plant genomes by homologous recombination is key to create a number of valuable traits.

“We are excited to add this innovation to our broad technology portfolio, that will reinforce our leading position in the field of plant gene editing, while helping expand our pipeline of healthier food products that meet consumer needs,” said Luc Mathis, Chief Executive Officer of Calyxt, Inc.

About Calyxt1

Founded in 2010, Calyxt, Inc. (previously Cellectis plant sciences, Inc.) is based in New Brighton, Minnesota (USA). The company aims to create healthier crop products such as low trans fat soybean oil, cold storable potato, gluten reduced wheat and low saturated canola oil for the food and agriculture industries. Calyxt is developing a network of partnerships in order to secure accessibility of its food products to consumers.

For further information please visit our website: www.calyxt.com

1 Calyxt™ and the corporate logo are trademarks owned by Calyxt, Inc.

Contacts

Media
Jennifer Moore, 347-809-5978
VP Communications
contact@calyxt.com
or
IR
Simon Harnest, 646-385-9008
VP Finance and Investor Relations
simon.harnest@cellectis.com

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