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Cibus to Report Fourth Quarter 2024 Financial Results on March 20, 2025 After the Market Close and Host Conference Call
Globenewswireยท 2025-03-11 11:00
Core Insights - Cibus, Inc. will report its fourth quarter 2024 financial results on March 20, 2025, with a conference call scheduled for 4:30 p.m. ET to discuss these results and other updates [1][2] Company Overview - Cibus is a leading agricultural biotechnology company specializing in proprietary gene editing technologies to develop specific genetic traits in seeds [1][3] - The company focuses on addressing critical productivity and sustainability challenges for farmers, particularly diseases and pests, which cost the global economy approximately $300 billion annually according to the United Nations [3] - Cibus operates as a technology company rather than a seed company, licensing traits to seed companies in exchange for royalties on seed sales [3] - The long-term focus of Cibus is on productivity traits for major global row crops such as canola, corn, rice, soybean, and wheat [3] - Cibus has developed a pipeline of five productivity traits, including weed management in rice, pod shatter reduction, and sclerotinia resistance, which are its near-term focus areas [3]