Calyxt, Inc. Announces Appointment of Michael A. Carr as Chief Executive Officer, Effective July 27, 2021
July 16, 2021 at 01:31 am IST
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Calyxt, Inc. announced the appointment of Michael A. Carr as Chief Executive Officer, effective July 27, 2021. Mr. Carr was most recently the Vice President of M&A, Strategy, and Innovation at Darling Ingredients, Inc. Prior to joining Darling Ingredients, Mr. Carr was a Partner at BAC Investments, an established consulting, advisory, and investment firm. Previously, Mr. Carr held multiple positions at American Capital, a global private equity and asset management firm.
Cibus, Inc. is an agricultural technology company that uses gene editing technologies to develop plant traits in seeds. Its business is the development of plant traits that help address specific productivity or yield challenges in farming, such as traits addressing plant agronomy, disease, insects, weeds, nutrient-use, or the climate. It is also engaged in developing, certain alternative plant-based oils or bio-based fermentation products. Its technology is its gene editing platform called the Rapid Trait Development System (RTDS). It is the underlying technology in the Company's Trait Machine process, an end-to-end semi-automated high-throughput gene editing system that directly edits seed companies' elite germplasm. It has a pipeline of five productivity traits, four of which are applicable to multiple crops. These traits are PSR in Canola and HT1 and HT3 in rice. In addition, it also has two advanced traits for Sclerotinia resistance and another novel broadleaf HT trait, HT2.