29 September 2022 / Calyxt was the first company to bring seeds derived from New Genetic Engineering to the US market. In 2019, the company started selling seeds for growing a soybean that had been genetically engineered in its oil content with gene scissors, and was supposedly suitable for the production of particularly healthy food. However, the soybean failed to produce the desired yields for farmers, and in 2020 Calyxt exited this line of business due to unprofitability. Sales and the value of Calyxt stock fell dramatically as a result.