Cibus has divested its North American canola seed breeding assets to Farmers Business Network Canada. Cibus CEO Peter Beetham says the company will now sharpen its focus and concentrate on being an independent trait developer. Cibus uses a proprietary gene editing technology that is not transgenic. “We call it the Rapid Trait Development System and it’s not just one particular technology, but it is a family of technologies that allow you to introduce new characteristics into seed that is indistinguishable from what could occur in nature. Instead of taking decades, you can do this in a small number of years and get it into elite genetics very quickly.”
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