Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Shares of Arcadia Biosciences jump after White House streamlines approval process of new GMO crops

Proactive Investors Wednesday, 12 June 2019
Shares of Arcadia Biosciences Inc (NASDAQ:RKDA) increased by double-digits Wednesday after the Trump administration ordered three federal agencies to ease their rules for approving genetically modified crops and other agricultural biotechnology. President Trump on Tuesday signed an executive order instructing the Agriculture Department, the Food and Drug Administration and the Environmental Protection Agency — which oversee genetically engineered agricultural products — to review their biotech regulations to streamline the approval processes. Arcadia, based in Davis, California, is an agricultural biotech company that develops high-value food ingredients and nutritional oils that aim to meet the demand for healthier diets. It also produces a GMO soybean. The company’s stock recently traded up 21% to $5.99 a share. READ: Arcadia Biosciences rapidly advances cannabis business as it reports first-quarter highlights The White House wants to bring new agricultural biotechnology to the marketplace faster and with less cost for companies. Also the Trump administration hopes to encourage more investment in GMO crops. Trump’s executive order comes after the US Agriculture Department last week proposed sweeping changes to biotech rules that would exempt from regulation genetically edited farm products with traits “similar in kind” to modifications that could be produced through traditional breeding techniques. Arcadia operates in specialty genomics and has a proprietary approach combining conventional breeding and gene editing. And on Friday the US told the World Trade Organization that it was planning to revise its regulations on importing, transporting and releasing GMOs. Contact the author: [email protected] Follow him on Twitter @PatrickMGraham
0
shares
ShareTweetSavePostSend
 
Credit: Veuer - Published < > Embed
News video: New Poll Shows 6 Democrats Would Topple Trump in 2020 Election

New Poll Shows 6 Democrats Would Topple Trump in 2020 Election 01:30

New poll results show that President Trump would lose to six Democrats if the election were held today. Veuer’s Justin Kircher explains.

Recent related videos from verified sources

How Did War With 'Squad' Effect Trump Approval Rating? [Video]How Did War With "Squad" Effect Trump Approval Rating?

President Donald Trump's approval rating with Republicans rose in a poll taken after his war of words with AOC's "Squad." The poll was conducted online on Monday by Reuters/Ipsos. Trump's net approval..

Credit: Wochit News     Duration: 00:32Published

Fiat 500 Dolce Vita [Video]Fiat 500 Dolce Vita

The new 500 Dolcevita special edition is dedicated to discriminating customers in search of exclusivity and elegance. The same values underlie the most authentic Italian style that in collective..

Credit: AutoMotions     Duration: 01:00Published

Fiat 500 Dolce Vita - Luca Napolitano [Video]Fiat 500 Dolce Vita - Luca Napolitano

The new 500 Dolcevita special edition is dedicated to discriminating customers in search of exclusivity and elegance. The same values underlie the most authentic Italian style that in collective..

Credit: AutoMotions     Duration: 01:30Published

AstraZeneca Talks Drug Pricing, Pipeline, and Path Ahead [Video]AstraZeneca Talks Drug Pricing, Pipeline, and Path Ahead

The pharmaceutical industry is firmly focused on a few key factors as of late: drug prices, M&A action, and the promise of drug pipelines. AstraZeneca , a UK-based manufacturer of numerous popular..

Credit: The Street     Duration: 05:08Published


Recent related news from verified sources

GPM Metals Inc. Announces Share Consolidation

TORONTO, July 10, 2019 (GLOBE NEWSWIRE) -- GPM Metals Inc. (TSXV:GPM) (the “Company”) announces that it has filed articles of amendment to consolidate the...
GlobeNewswire

Energy Fuels unaware of any decision by the White House on uranium imports

Energy Fuels Inc (TSE:EFR) (NYSEMKT:UUUU) and Ur-Energy Inc released news Friday midday that it has not received word from the White House with respect to...
Proactive Investors Also reported by •WorldNewsNews24

White House Social Media Summit Recap

NPR's Michel Martin speaks with Katie Rogers, White House Correspondent for The New York Times, to learn more about the White House "Social Media Summit" that...
NPR Also reported by •Reuters IndiaNews24WorldNews

Trump Launches New Attacks on Dem Candidates, Dubs Himself ‘So Great Looking and Smart, A True Stable Genius!’

President Donald Trump opened Thursday morning with a four-part tweetstorm initially based on the White House Social Media Summit to be held later in the day,...
Mediaite

You Might Like


Other recent news in Business

Bank of AMERICA Merrill Lynch beats Wall Street forecasts with record second-quarter earningsFACEAPP adds decades to your age for fun, but popular app raises privacy concerns
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.