Dec 26 (Reuters) - Precigen Inc ( PGEN ):

* PRECIGEN ( PGEN ) : ON DEC 18, ENTERED INTO ASSET ACQUISITION

AGREEMENT

WITH INNOVATOR 21, LLC

* PRECIGEN ( PGEN ): AGREED TO SELL TO INNOVATOR 21 LLC CERTAIN

ASSETS,

INCLUDING INTELLECTUAL PROPERTY RIGHTS AND ROYALTY RIGHTS,

RELATED TO FCX-007

* PRECIGEN ( PGEN ) : RECEIVED CASH PAYMENT OF $8.5 MILLION AT

CLOSING OF

ASSET SALE, WHICH OCCURRED ON DEC 24

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