SUMMERLAND, British Columbia, Sept. 26, 2016 /PRNewswire/ -- Intrexon Corporation (NYSE: XON), a leader in the engineering and industrialization of biology to improve the quality of life and health of the planet, today announced its subsidiary Okanagan Specialty Fruits (OSF) has been granted deregulated status for its third nonbrowning Arctic® apple variety, the Arctic® Fuji, by the U.S. Department of Agriculture's Animal and Plant Health Inspection Service (USDA APHIS).  Arctic® Fuji apples have been found to be as safe and nutritious as conventional apples, joining OSF's Arctic® Golden and Arctic® Granny varieties.

Intrexon Corporation logo.

"The response to Arctic® Fuji apples and our overall platform to deliver direct benefits to consumers has been encouraging," said Neal Carter, Okanagan Specialty Fruits' founder and president.  "We are confident the positive feedback we have received will translate to the marketplace."

The approval follows a review of OSF's petition for extension by USDA APHIS and the successful conclusion of a comment period that solicited public feedback on the application. In an announcement from USDA APHIS, Michael J. Firko, APHIS Deputy Administrator, explained that "this determination of nonregulated status of [Arctic® Fuji] apples is the most scientifically sound and appropriate regulatory decision."

OSF's Arctic® apples have been improved through a reduction of the enzyme polyphenol oxidase (PPO), the primary cause of browning in fruit. The Arctic Advantage nonbrowning solution becomes apparent when an apple is sliced, bitten or bruised.  Importantly, Arctic® apples provide this benefit without the use of flavor-altering chemical additives.  Moving forward Okanagan Specialty Fruits will continue to focus on developing Arctic® nonbrowning tree fruits while expanding acreage of the approved Arctic® Golden, Arctic® Granny and Arctic® Fuji apples.

About Intrexon Corporation
Intrexon Corporation (NYSE: XON) is Powering the Bioindustrial Revolution with Better DNA to create biologically-based products that improve the quality of life and the health of the planet.  The Company's integrated technology suite provides its partners across diverse markets with industrial-scale design and development of complex biological systems delivering unprecedented control, quality, function, and performance of living cells.  We call our synthetic biology approach Better DNA®, and we invite you to discover more at www.dna.com or follow us on Twitter at @Intrexon, on Facebook, and LinkedIn.

About Okanagan Specialty Fruits
Okanagan Specialty Fruits Inc. (OSF) is a small, dynamic biotechnology company based in Summerland, British Columbia, Canada. Founded in 1996, and acquired by Intrexon Corporation (NYSE: XON) as a wholly owned subsidiary in April 2015, OSF specializes in developing tree fruit varieties with novel attributes that benefit fruit producers and consumers alike. For consumer information, visit www.arcticapples.com; for information about the company and partnership opportunities, visit www.okspecialtyfruits.com.

Trademarks
Intrexon, Powering the Bioindustrial Revolution with Better DNA, and Better DNA are trademarks of Intrexon and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor Statement
Some of the statements made in this press release are forward-looking statements.  These forward-looking statements are based upon our current expectations and projections about future events and generally relate to our plans, objectives and expectations for the development of our business.  Although management believes that the plans and objectives reflected in or suggested by these forward-looking statements are reasonable, all forward-looking statements involve risks and uncertainties and actual future results may be materially different from the plans, objectives and expectations expressed in this press release.

For more information, contact:
Investor Contact:
Christopher Basta
Vice President, Investor Relations
Tel: +1 (561) 410-7052
investors@intrexon.com

Corporate Contact:
Marie Rossi, Ph.D.
Senior Manager, Technical Communications
Tel: +1 (301) 556-9850
publicrelations@intrexon.com

Media Contact:
Jessica Brady
Marketing Communications Specialist
Tel: +1 (250) 404-0101
media@okspecialtyfruits.com

Logo - http://photos.prnewswire.com/prnh/20130919/NY83283LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/arctic-fuji-gains-usda-approval-300333811.html

SOURCE Intrexon Corporation

Copyright 2016 PR Newswire

Intrexon (NASDAQ:XON)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Intrexon Charts.
Intrexon (NASDAQ:XON)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Intrexon Charts.