Simplify the following text for a Grade 10 native English-speaking person.
Original: New types of alternative splicing are constantly being found . Researchers hope to fully elucidate the regulatory systems involved in splicing , so that alternative splicing products from a given gene under particular conditions could be predicted by a `` splicing code '' .
Simplified: This type of splicing is termed canonical splicing or termed the lariat pathway , which accounts for more than 99 % of splicing .