Tuesday, March 20, 2018

=Arcadia Biosciences (AKDA) reported earnings on Tue 20 March 18 (a/h)

Headquarters: Davis, CA
Founded: 2002


Arcadia Biosciences reports Q4 results 
  • Q4 net loss $3 mln vs. 5.7 mln last year; rev +165% to $1.43 mln. Co in-licensed CRISPR-Cas9 gene editing technology and began integrating the technology to accelerate current development programs.
  • In 2018, Arcadia will launch its commercialization plan to become a consumer-driven, branded food ingredient company providing value-added traits to the health and nutrition foods industries.
  • Arcadia hired Sarah Reiter as chief commercial officer, with over 20 years of experience in agriculture, to help us migrate forward in the ag-food supply chain, expand our nutrition and health ingredients capabilities and strengthen commercial relationships with consumer food companies.

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