Evogene Sees Revenue Growth and Expands AI Collaboration

Evogene (EVGN) has released an update.

Evogene Ltd. reported a 35% increase in total revenues for the first nine months of 2024, driven by Casterra’s seed sales, despite a drop in Q3 revenue compared to last year. The company has strengthened its cash position by reducing expenses and completed a $5.5 million fundraising. Evogene is enhancing its AI tech-engines through collaboration with Google Cloud to expand its market potential in life-science product development.

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