Yield10 Bioscience and BioMar Aim to Grow Fish Oil on Land
WOBURN, Mass. and AARHUS, Denmark, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, today announced that it signed a non-binding Letter of Intent (“LOI”) with BioMar Group, a global aquafeed producer, to form a partnership to commercialize Camelina engineered to produce omega-3 oil (“Omega-3 Camelina”) for use as a high-quality supplement to the scarce supply of marine long-chain fatty acids used in aquafeed. Producing omega-3 oil in Camelina represents a land-based way to make this key aquafeed ingredient.
- Yield10 Bioscience and BioMar Group have signed an LOI to form a long-term partnership to commercialize a Camelina crop containing enriched levels of EPA and DHA equal to fish oil.
- Producing omega-3 oil in Camelina represents a land-based way to make this key aquafeed ingredient.
- These new Omega-3 Camelina products contain EPA and DHA at levels comparable to many of the marine oil sources utilized today.
- “We believe that the Yield10 Omega-3 Camelina technology represents a potentially excellent solution for producing crop omega-3 oils at commercial scale.