Bioceres Crop Solutions secures patent protection for HB4 wheat in the U.S.

Bioceres Crop Solutions (NASDAQ: BIOX) has received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for its first event-specific patent covering HB4 Wheat. The first of four potential patents sought by the company for its HB4 Wheat in the United States extends protection for this innovative agricultural technology and its associated production system until 2042.

HB4 Wheat is engineered to enhance drought tolerance and improve weed management, offering significant advantages over traditional wheat strains.

The technology has been approved by the USDA for cultivation and by the FDA for food and feed use within the country. The United States ranks as the fourth largest wheat producer globally, with nearly 40 million acres harvested in the latest marketing year.

The company plans a broad licensing approach for the commercial rollout of HB4 wheat in the U.S., in line with its recently announced go-to-market strategy for the technology.