Arcadia Biosciences

Arcadia Biosciences
Company typePublic
Nasdaq: RKDA
Industryagricultural biotechnology
Founded2002
HeadquartersDavis, California, United States
Area served
Worldwide
Key people
Matthew Plavan
(Chief Executive Officer)
ProductsGoodWheat™
Revenue
  • Increase US$4.03 million
  • (FY DEC 31 2017)[1]
Number of employees
42[1]
Websitearcadiabio.com

Arcadia Biosciences (Nasdaq: RKDA) is a publicly traded American agricultural biotechnology headquartered in Davis, California focused on the development of traits to enhance crop quality and productivity.[2][3] The company is partly owned by Moral Compass Corporation.[4]

It has developed a reduced-gluten and enhanced starch variety of wheat under the name GoodWheat.[5][6][7] Arcadia also has a joint venture with Bioceres called Verdeca, which has developed and is commercializing HB4 technology in soybeans that gained FDA approval in 2017.[8][9] HB4 soybeans have increased yield up to 30% while being more resistant to abiotic stress such as drought.[10]

References

  1. ^ a b "US SEC: Form 10-K Arcadia Biosciences". United States Securities and Exchange Commission. Retrieved May 9, 2018.
  2. ^ "Arcadia Biosciences: Company overview" Retrieved on 9 May 2018.
  3. ^ Taylor, Michael (4 May 2018). "Arcadia Biosciences (RKDA) vs. The Competition Head to Head Review". Retrieved 10 May 2018.
  4. ^ "Arcadia Biosciences, Inc. (RKDA) and United States Steel Corp. (X) Activist Update - ValueWalk". 10 March 2018. Retrieved 10 May 2018.
  5. ^ Anderson, Mark (April 17, 2018). "Arcadia announces reduced-gluten wheat for breads, pasta". Sacramento Business Journal.
  6. ^ Anderson, Mark (March 21, 2018). "Arcadia Biosciences' GoodWheat product could be on supermarket shelves this year". Sacramento Business Journal.
  7. ^ Anderson, Mark (April 6, 2018). "Davis-based Arcadia Biosciences crosses the valley of death". Sacramento Business Journal. Retrieved 10 May 2018.
  8. ^ "Drought Tolerant HB4 Soybeans Introduced in Argentina- Crop Biotech Update | ISAAA.org/KC". www.isaaa.org. Retrieved 2018-08-21.
  9. ^ "IND-ØØ41Ø-5 | GM Approval Database- ISAAA.org". www.isaaa.org. Retrieved 2018-08-21.
  10. ^ "Bioceres drought tolerant soybean ready to market in 2019". Farm News Argentine. 2018-06-27. Archived from the original on 2021-06-21. Retrieved 2018-08-21.
  • Official website
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