Evogene to Raise $60 M

Evogene Ltd. (TASE:EVGN) has filed a registration statement with the US Securities and Exchange Commission (SEC) to raise $60 million in a public offering on the New York Stock Exchange.

Evogene uses computational genomics technologies to

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improve traits through applying biotechnology and advanced breeding for a wide variety of crops. The company has discovered and validated in plants over 3,000 genes, linked to traits, such as improved yield and drought tolerance. Evogene is collaborating with Bayer Crop Science, Biogemma of the Limagrain Group, Monsanto Company, DuPont, Syngenta and others.

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