LUXEMBOURG / ACCESSWIRE / April 5, 2023 / Moolec Science SA (NASDAQ:MLEC) (“Company” or “Moolec”), a Molecular Farming food-ingredient company, announced today that the Animal and Plant Health Inspection Service (“APHIS”) of the U.S. Department of Agriculture (“USDA”) has concluded that Moolec’s GLA safflower plants pose no greater plant pest risk than non-genetically engineered safflower plants according to regulation found at 7 CFR part 340. To access the Regulatory Status Review (“RSR”) response from USDA-APHIS, click here.
Moolec’s CEO and co-founder Gastón Paladini stated, “This important milestone reinforces our go-to-market path and validates our proposed regulatory strategy. Also, it complements the FDA’s food safety reviews and approvals already obtained for our GLA safflower oil (GLASO).” He finished by declaring, “The green light from USDA-APHIS bolsters the idea of the safe use of Molecular Farming technology to improve nutritional profile for end food products. Moolec is very excited that its innovative food ingredients are a key part of the bioeconomy.”
Martin Salinas, Chief of Technology and co-founder of Moolec, expressed, “This will greatly increase the efficiency of our operations, including raw material procurement, downstream crushing, and processing. We will no longer need USDA-APHIS permits to import, move interstate or grow these plants in the field in the United States.” He concluded, “We are positive that this achievement paves the way for our upcoming regulatory reviews in our pipeline.”
According to USDA-APHIS regulation found at 7 CFR part 340, developers may submit a request for a RSR when they believe a genetically engineered (“GE”) plant is not subject to the regulation. APHIS reviews the GE plant and considers whether it might pose an increased plant pest risk compared to its non-GE comparator. If APHIS does not identify a greater pest risk relative to the comparator, the GE plant is not subject to this regulation. Regulation 7 CFR part 340 governs the importation, interstate movement, and the environmental release of certain organisms that have been modified or produced by genetic engineering.
About Moolec Science SA
Moolec is a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming, a disruptive technology in the alternative protein landscape. Its purpose is to upgrade taste, nutrition, and affordability of alternative protein products while building a more sustainable and equitable food system. The Company’s technological approach aims to have the cost structure of plant-based solutions with the organoleptic properties and functionality of animal-based ones. Moolec’s technology has been under development for more than a decade and is known for pioneering the production of a bovine protein in a crop for the food industry. The Company’s product portfolio and pipeline leverage the agronomic efficiency of broadly used target crops, like safflower, soybean, and pea. Moolec has a growing international patent portfolio (23, both granted and pending) for its Molecular Farming technology. The Company is run by a diverse team of Ph.Ds and Food Insiders, and operates in the United States, Europe, and South America. For more information, visit www.moolecscience.com.
Forward-Looking Statements
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Contact Information
Catalina Jones
Chief of Staff & Sustainability
[email protected]
Martín Taraciuk
Investor Relations
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Michael Bowen
ICR, LLC
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SOURCE: Moolec Science