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EVOGENE LTD. - EVGN STOCK NEWS

Welcome to our dedicated page for EVOGENE LTD. news (Ticker: EVGN), a resource for investors and traders seeking the latest updates and insights on EVOGENE LTD. stock.

Evogene Ltd. (Nasdaq: EVGN, TASE: EVGN) is a leading computational biology company leveraging big data and artificial intelligence to revolutionize the development of life-science-based products. The company, headquartered in Rehovot, Israel, employs cutting-edge technologies to increase the probability of success while reducing development time and cost across multiple market segments including human health, agriculture, and industrial applications. Evogene has established three unique tech-engines - MicroBoost AI, ChemPass AI, and GeneRator AI - each focused on products based on microbes, small molecules, and genetic elements respectively.

The company operates through several subsidiaries that utilize these tech-engines:

  • Biomica Ltd.: Develops microbiome-based therapeutics for diseases such as antibiotic-resistant bacteria, cancer, and gastrointestinal disorders.
  • Lavie Bio Ltd.: Focuses on microbiome-based ag-biologicals to enhance crop yield and sustainability.
  • AgPlenus Ltd.: Innovates in sustainable crop protection products.
  • Canonic Ltd.: Develops medical cannabis products.
  • Casterra Ag Ltd.: Produces high-yield castor seeds for biofuels and other industrial uses.

Evogene's recent achievements include securing new seed production agreements for Casterra, advancing clinical trials for Biomica's immuno-oncology candidate BMC128, and extending validation trials for Lavie Bio's biofungicides in collaboration with Bayer AG. Evogene has been proactive in addressing its Nasdaq listing compliance and continues to prioritize innovation through strategic partnerships and collaborative ventures. For more information, please visit www.evogene.com.

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Evogene Ltd. (NASDAQ: EVGN) announced it will release its financial results for Q1 2022 on May 26, 2022. The conference call to discuss these results will take place at 09:00 AM ET, featuring Dr. Elran Haber from Biomica Ltd. Evogene focuses on using computational biology to enhance life-science product development through its innovative technologies: MicroBoost AI, ChemPass AI, and GeneRator AI. The company aims to reduce costs and development time while increasing success rates in product development.

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Biomica, a biopharmaceutical company and subsidiary of Evogene (NASDAQ: EVGN), has entered a collaboration with Sheba Medical Center to research Inflammatory Bowel Disease (IBD). This partnership aims to explore microbiome profiles in IBD patients to better understand the condition and develop innovative therapies. The global IBD treatment market was valued at USD 19.2 billion in 2020. Biomica plans to scale up and produce initial clinical batches of its product candidate, BMC333, following positive pre-clinical results.

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Evogene Ltd. (NASDAQ: EVGN) announced its participation in the Jefferies Virtual Synthetic Biology Week from March 21-25, 2022. Chief Product Officer, Dr. Nir Arbel, will engage in a fireside chat on March 23, 2022, at 10 am ET and will be available for one-on-one meetings with investors on March 24, 2022. Evogene aims to transform life-science product development through its innovative technological engines: MicroBoost AI, ChemPass AI, and GeneRator AI. These engines focus on microbiome therapeutics, medical cannabis, ag-chemicals, and ag-biologicals.

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Evogene Ltd. (NASDAQ: EVGN) reported its financial results for Q4 and full year 2021, showing an operating loss of $31 million, up from $24.8 million in 2020. The company maintains a solid cash position of approximately $54 million, aiding its subsidiaries in product development. Key achievements include Biomica's clearance for a phase I immuno-oncology study and Canonic's commercial sales of cannabis products. Looking ahead, Evogene targets 2022 milestones such as launching new products and expanding R&D activities.

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Evogene Ltd. (NASDAQ: EVGN) announced its participation in the upcoming World Agri-Tech Innovation Summit on March 22-23, 2022, in San Francisco. This summit has established itself as a pivotal event for the global agtech ecosystem, bringing together growers, agribusiness leaders, technology pioneers, and investors. Key executives from Evogene, including CEO Ofer Haviv and other senior management from its subsidiaries, will be present to explore partnerships and insights. Evogene leverages cutting-edge computational biology to innovate in various life-science industries.

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Evogene Ltd. (NASDAQ: EVGN) announced its participation in the 34th Annual ROTH Conference in Dana Point, California, from March 13-15, 2022. CEO Ofer Haviv will host a live fireside chat on March 15 at 12pm PT, along with one-on-one meetings with investors. The conference includes various presentations and panels, attracting institutional investors and analysts. Evogene's innovative technologies, such as MicroBoost AI and GeneRator AI, are focused on life-science product development.

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Canonic Ltd., a subsidiary of Evogene Ltd. (NASDAQ: EVGN), announced the appointment of Professor Itamar Grotto to its Board of Directors. Grotto, formerly of the Israeli Ministry of Health, brings extensive expertise in medical cannabis reform. His role aims to bolster Canonic's mission of developing medical cannabis products targeting specific medical indications. Grotto believes in the potential of Canonic to enhance patient care and expressed eagerness to contribute to the company's growth. CEO Arnon Heyman welcomed Grotto, emphasizing his valuable experience for advancing Canonic's strategic goals.

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Evogene Ltd. (NASDAQ: EVGN) is set to release its financial results for the full year and fourth quarter of 2021 on March 10, 2022. Following the announcement, management will host a conference call at 09:00 AM Eastern time to discuss these results. The call can be accessed via phone or live webcast on the company's website. Evogene leverages advanced computational biology technologies to enhance life-science product development across various sectors including therapeutics and ag-chemicals.

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Evogene Ltd. (NASDAQ-GM: EVGN) will present an overview at the Aegis Capital Corp. Virtual Conference from February 23 to 25, 2022. The presentation is set for February 25 at 9:00 AM EST. Interested participants can access the presentation upon request to Aegis or view the slide deck on Evogene's website. Evogene is a computational biology company aiming to innovate product development in life sciences, using its Computational Predictive Biology platform.

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Canonic Ltd., a subsidiary of Evogene Ltd. (NASDAQ: EVGN), announced the shipment of its first batch of cannabis varieties to Portugal after receiving export approval from the Israeli Ministry of Health and Ministry of Agriculture. This shipment is part of Canonic's preparations for a planned commercial launch in Europe in 2023, focusing on developing medical cannabis products using its Computational Predictive Biology platform. The shipped cannabis varieties will undergo lab testing and regulatory examination to comply with European regulations.

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FAQ

What is the current stock price of EVOGENE LTD. (EVGN)?

The current stock price of EVOGENE LTD. (EVGN) is $1.73 as of November 15, 2024.

What is the market cap of EVOGENE LTD. (EVGN)?

The market cap of EVOGENE LTD. (EVGN) is approximately 9.2M.

What does Evogene Ltd. do?

Evogene Ltd. is a computational biology company that uses AI and big data to develop life-science-based products in human health, agriculture, and industrial applications.

Where is Evogene Ltd. headquartered?

Evogene Ltd. is headquartered in Rehovot, Israel.

What are Evogene's main technology platforms?

Evogene has three main tech-engines: MicroBoost AI for microbes, ChemPass AI for small molecules, and GeneRator AI for genetic elements.

Who are some of Evogene's subsidiaries?

Evogene's subsidiaries include Biomica Ltd., Lavie Bio Ltd., AgPlenus Ltd., Canonic Ltd., and Casterra Ag Ltd.

What is the focus of Biomica Ltd.?

Biomica Ltd. focuses on developing microbiome-based therapeutics for diseases such as antibiotic-resistant bacteria, cancer, and gastrointestinal disorders.

What recent partnerships has Evogene engaged in?

Evogene recently extended validation trials for Lavie Bio's biofungicides with Bayer AG, and secured new seed production agreements for Casterra.

How is Evogene addressing its Nasdaq listing compliance?

Evogene is actively working to regain compliance with Nasdaq's listing requirements and considers various options, including reverse share splits, to maintain its listing.

What are some recent achievements of Evogene Ltd.?

Evogene has advanced clinical trials for Biomica's BMC128, secured new seed production agreements for Casterra, and extended biofungicide validation trials with Bayer AG.

Where can I find more information about Evogene Ltd.?

More information about Evogene Ltd. can be found on their official website at www.evogene.com.

What market segments does Evogene target?

Evogene targets human health, agriculture, and industrial applications through its computational biology platforms and subsidiaries.

EVOGENE LTD.

Nasdaq:EVGN

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9.23M
5.37M
1.66%
7.87%
0.5%
Biotechnology
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Rehovot