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Cibus US LLC
Tue, March 17, 2026 at 4:05 PM EDT 22 min read
SAN DIEGO, March 17, 2026 (GLOBE NEWSWIRE) -- Cibus, Inc. (Nasdaq: CBUS) (the "Company"), a leading agricultural technology company that develops and licenses plant traits to seed companies, today announced its financial results for the quarter ended December 31, 2025, and provided a business update. Management will host a conference call and webcast today at 4:30 p.m. ET.
Management Commentary
Peter Beetham, Interim Chief Executive Officer of Cibus, commented, "2025 was a landmark year that validated our technology leadership and strategic vision. Our seven Rice partner customers continue to drive our near-term 2027 and 2028 commercial launch targets in our USA and LATAM geographic markets, which have the potential for more than $200 million annual addressable royalties at peak. In our Sustainable Ingredients program, we generated initial customer payments as we ramp up commercialization efforts for 2026. And, most recently, we were selected by the UK Government as a technology partner in its Farming Innovation Programme. Importantly, the regulatory environment we've been helping to shape for over a decade reached a critical inflection point with the EU's political agreement on New Genomic Techniques legislation. This advancement and the recently activated Precision Breeding Act in the United Kingdom have prompted the recent UK investment in precision breeding innovation. Gene editing can no longer be called an experiment—it's the present state of agricultural innovation, and Cibus is positioned ahead of this curve."
Dr. Beetham continued, "What makes 2026 particularly exciting is the continuing convergence of technology leadership and commercial potential. For years, speed and scale were obstacles for seed companies. Our highly efficient single-cell editing system, coupled with our time bound, predictable trait development has fundamentally altered that equation, and we're poised to capitalize on the results. As our Rice program advances toward our targeted 2027 and 2028 initial commercial launches, with our partners committing resources to access technology and accelerate their innovation timelines, we're also beginning to see opportunities beyond traditional trait licensing. This includes the potential for genomic editing for partners in opportunity-rich markets like India, Asia (outside of China), and Latin America and expanding opportunities for sustainable ingredient development primarily for the consumer packaged goods industry and secondarily for other industries looking for better-for-you products. As we explore these opportunities, while maintaining our core trait licensing and royalty model, I am more excited than ever about our ability to build a durable, high value cash flow stream that will underpin long-term shareholder value creation."
2 hours ago