-- Newest technology expands company’s GoodWheat™ portfolio of high-value, functional wheat ingredients --
US Patent No. 10,087,455, entitled “Wheat With Reduced Lipoxygenase Activity,” covers this new technology which extends the storage life of whole wheat flour by minimizing oxidation. This new trait was designed to promote whole wheat consumption by improving the shelf life and taste of whole grain wheat products.
“This patent demonstrates our commitment to developing exciting innovations for consumers and food companies to drive the adoption of whole wheat,” said Raj Ketkar, president and CEO of Arcadia. “Commercial plans are underway, and we look forward to sharing those soon.”
The issuance of this key US patent further expands Arcadia’s global patent portfolio, which includes more than 195 patents and patent applications owned or exclusively controlled by Arcadia.
Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are subject to risks and uncertainties that
could cause actual results to differ materially, and reported results
should not be considered as an indication of future performance. These
risks and uncertainties include, but are not limited to: Arcadia’s and
its partners’ and affiliates’ ability to develop commercial products
incorporating their traits and complete the regulatory review process
for such products; Arcadia’s compliance with laws and regulations that
impact Arcadia’s business; Arcadia’s ability to enter into favorable
commercial relationships; Arcadia’s future capital requirements and
ability to satisfy its capital needs; Arcadia’s ability to develop,
secure, enforce and defend its intellectual property rights; and the
other risks set forth in Arcadia’s filings with the
Jeff Bergau, +1-312-217-0419
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