Calyxt Provides Business and R&D Pipeline Update at Wells Fargo Consumer Conference
26 September 2019 - 11:01PM
Business Wire
Innovation Platform Focused on Wellness,
Plant-Based Proteins and Sustainability
Six New Products in R&D Pipeline
Exploratory R&D in Canola, Hemp, Oat,
Pea, Peanut, Potato, Soybean, and Wheat
Webcast Details for Wells Fargo Consumer
Conference Presentation
Calyxt, Inc. (NASDAQ: CLXT), a healthy food innovation company,
today provided a business update, announced its expanded R&D
pipeline, and discussed R&D exploration activities.
Calyxt announced six new product candidates at the discovery
stage in its R&D pipeline. Four new soybean product candidates
comprised of two wellness products, one plant-based protein
product, and one sustainability product. Of the two new wheat
product candidates, one is a wellness product and one is a
sustainability product.
Calyxt also shared exciting innovation leads across its platform
with exploratory R&D focused in canola, hemp, oat, pea, peanut,
potato, soybean, and wheat.
“Executing on our trailblazing 2019 milestones has resulted in
an expanded patent estate, regulatory success, an established
identity-preserved supply chain system, market development and
customer acquisition, which creates a solid foundation for future
growth,” said Jim Blome, chief executive officer with Calyxt.
“In the past year we have filled out our leadership team and
added several other key roles, which will help us capitalize on our
head start. We are excited about our innovation platform, R&D
pipeline, exploratory opportunities and the future ahead,” Blome
said.
2019 Wells Fargo Consumer Conference – Webcast Details
Calyxt will present at the 2019 Wells Fargo Consumer Conference at
the Ritz-Carlton Laguna Niguel on September 26, 2019, at 10:20 am
PT. Please use the link below to view both the live webcast and
replay version of the webcast.
https://fra01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fcc.talkpoint.com%2Fwell001%2F092619a_js%2F%3Fentity%3D8_JRFPP5R&data=02%7C01%7Csimon.harnest%40cellectis.com%7Cab25d201d7514afca95208d741c03b6c%7C3b4878b04d574775bdf96c3566e2409b%7C1%7C0%7C637050166200779016&sdata=465p3jgQPjZrSMC8pCcbt4tKGDNwu3tHyzHl2RKkBa8%3D&reserved=0
A copy of the investor presentation has been posted on the
Calyxt website in the Corporate Presentations section at
https://calyxt.com/investors/.
About Calyxt Calyxt is committed to making the food you
love a healthier choice. The care we take extends beyond
nutritional value. We partner with farmers and food companies to
deliver traceable plant-based products developed to be healthier
and more sustainable than their conventional counterparts. We use
cutting edge plant breeding techniques to develop products that
help improve diets by reducing bad fats, allergens and toxins.
Today oil from our high oleic soybean plants has lower saturated
fats than commodity soybean oil. We are also developing high fiber
wheat designed to provide an excellent source of daily fiber when
incorporated into wheat-based foods. We continuously pursue
innovation to deliver good food that is good for you.
Calyxt®, Calyno® and the corporate logo are trademarks
owned by Calyxt, Inc.
Calyxt is located in Roseville, MN, and is listed on the Nasdaq
market (ticker: CLXT). For further information please visit our
website at www.calyxt.com.
Calyxt Forward-Looking Statements
This communication contains “forward-looking statements” within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. In some cases, you can
identify these statements by forward-looking words such as “may,”
“might,” “will,” “should,” “expects,” “plans,” “anticipates,”
“believes,” “estimates,” “predicts,” “potential” or “continue,” the
negative of these terms and other comparable terminology. These
forward-looking statements, which are subject to risks,
uncertainties and assumptions about us, may include projections of
our future financial performance, our anticipated growth strategies
and anticipated trends in our business. These statements are only
predictions based on our current expectations and projections about
future events. There are important factors that could cause our
actual results, level of activity, performance or achievements to
differ materially from the results, level of activity, performance
or achievements expressed or implied by the forward-looking
statements, including those factors discussed under the caption
entitled “Risk Factors” in our Annual Report on Form 10-K, along
with our other filings with the U.S. Securities and Exchange
Commission. We do not assume any obligation to publicly provide
revisions or updates to any forward-looking statements, whether as
a result of new information, future developments or otherwise,
should circumstances change, except as otherwise required by
applicable laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20190926005520/en/
Media contact: Trina Lundblad, Communications Director
Phone: +1 612-790-0514 Email: trina.lundblad@calyxt.com
Investor Relations contact: Simon Harnest, VP Corporate
Strategy and Finance Phone: +1 646-385-9008 Email:
simon.harnest@calyxt.com
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