RKDA Arcadia Biosciences, Inc. gains 19% May 1, 2020
Arcadia Biosciences, Inc., an agricultural biotechnology trait company, develops traits that enhance food, feed, and fiber crops worldwide. The company offers a suite of agricultural yield traits, including nitrogen use efficiency, water use efficiency and drought tolerance, salinity tolerance, herbicide tolerance, and heat tolerance traits, as well as yield and agronomic trait stacks primarily for food crops, such as corn, rice, wheat, and soybean. It also provides agricultural product quality traits comprising gamma linolenic acid safflower oil to manufacturers of nutritional supplements, medical foods, and other products under the SONOVA brand; and arachidonic acid safflower oil that is used as an ingredient in infant nutrition products. In addition, the company has various programs under development comprising resistant starch and wheat whole grain flour quality grains programs, as well as post harvest quality program for tomatoes. Its traits are used to enhance crop yields by enabling plants to manage environmental and nutrient stresses, as well as enhance the quality and value of agricultural products. Arcadia Biosciences, Inc. primarily has collaborations with Maharashtra Hybrid Seeds Company Ltd.; Vilmorin & Cie; Bioceres S.A.; and Dow AgroSciences for the development and commercialization of its traits in various crops and consumer products. The company was founded in 2002 and is headquartered in Davis, California.http://www.priceseries.com/trade/RKDA-Arcadia-Biosciences-Inc-stock-gains-19-percent-a-Trade-Record-by-priceSeries-2020041620200501.html