Origin has exclusive licenses on high-value GT / BT stacked GMO traits that can be sub-licensed to global seed companies in North America and beyond. Has meetings scheduled this week for above.
Company believes it can double revenue and profit over the next five years just on its traditional, hybrid seed business alone. Add in global license royalties and potential Chinese GMO approvals, the addressable market is much bigger.
Company is contemplating floating local A shares to unlock substantial value of current business.
China wants to introduce GMO corn using local technology, providing SEED with first mover advantage of at least 10 years.