Moolec Receives New US Patent for Molecular Farming Platform

“Moolec Science Granted U.S. Patent for Safflower-Based Molecular Farming Technology”

Moolec Science SA Secures US Patent for Groundbreaking Molecular Farming Technology

LUXEMBOURG / ACCESSWIRE / April 30, 2024 / Moolec Science SA (NASDAQ:MLEC) (“Company”; “Moolec”), a leading Molecular Farming food-ingredient company, today announced the granting of a patent family in the United States for its SPC2 product produced in safflower using Molecular Farming technology. This patent will provide the company, through its U.S. sole-owned subsidiary AG Biomolecules LLC, exclusivity for the use of this technology until 2041. The patent can be viewed here: https://image-ppubs.uspto.gov/dirsearch-public/print/downloadPdf/11965169.

Breaking Barriers with Molecular Farming

Moolec, with over a decade of technological development, has been a pioneer in producing a bovine protein in a crop for the food industry. The development and commercialization of the world’s first product for the food industry using Molecular Farming has shattered barriers and revealed the potential of this groundbreaking technology in the industrial biotech sector. This milestone transcends the limitations of traditional biotech practices, opening doors to innovation previously confined to pharmaceuticals.

Patented Technology and its Potential

The recently patented technology encompasses safflower plants, including their seeds, engineered with specific DNA sequences (transgenic event) aimed at improving the expression of bovine chymosin in safflower seeds. Amit Dhingra, Moolec Science’s Chief Science Officer, emphasized, “This new family of patents not only ensures intellectual property protection for our product but also represents a platform for additional opportunities for Moolec’s safflower platform.” He added, “It positions us to produce new proteins and products, leveraging the unique attributes of this crop. Moolec remains committed to innovative advancements in sustainable biotechnology, driving impactful change across food industries.”

The patent also extends to cover the DNA vectors utilized for transforming the safflower plant and the DNA sequences required for detecting the transgenic event.

Global Patent Strategy

While the patent has been successfully secured in the United States, a parallel application has been submitted in Argentina, a crucial strategic territory for Moolec’s safflower technology initiatives. Although the Argentinian patent application is currently pending, the patent family boasts a lifespan extending until 2041.

About Moolec Science SA

Moolec is a science-based ingredient company leader in the use of Molecular Farming technology for food and dietary supplementation markets. The Company’s mission is to create unique food ingredients by engineering plants with animal protein genes. Its purpose is to redefine the way the world produces animal proteins, for good and for all. Moolec’s technological approach aims to have the cost structure of plant-based solutions with the nutrition and functionality of animal-based ones. Moolec’s technology has been under development for more than a decade and is known for pioneering the production of a bovine protein in a crop for the food industry. The Company’s product portfolio and pipeline leverage the agronomic efficiency of broadly used target crops like soybean, pea, and safflower to produce oils and proteins. Moolec also has an industrial and commercial R&D capability to complement the company’s Molecular Farming technology. Moolec secures a growing international patent portfolio (25+, both granted and pending) for its Molecular Farming technology. The Company is run by a diverse team of PhDs and Food Insiders, and operates in the United States, Europe, and South America. For more information, visit moolecscience.com and ir.moolecscience.com.

Forward-Looking Statements

This press release contains “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “

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