Front Porch Blog

Senesco and ArborGen Announce Field Trial Results and Notice of License Exercise

[New Jersey] Senesco Technologies, Inc. (“Senesco” or the “Company”) (AMEX:SNT) and ArborGen, LLC, the Company’s forestry product co-development partner, announced ArborGen’s decision to exercise its option to license Senesco’s technology. ArborGen’s decision is based on positive results from the first year of field trials. Senesco and ArborGen have collaborated over the past four years in an effort to develop trees with greater biomass and shorter time to harvest. After three years of positive lab and greenhouse results, trees were established in the field in August 2004. At the end of the 2005 growing season, certain trees which were enhanced by the Senesco technology had approximately double the increase in volume relative to control trees. “We are very pleased with the growth performance of trees containing Senesco genes” ArborGen LLC, with headquarters in Summerville, SC, is … producing faster growing and sturdier trees that use less land and energy to process and will meet increasing wood product needs of a growing population.

News notes are courtesy of Southern Forests Network News Notes





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