AgPlenus

growth-positive

AgPlenus Ltd., a subsidiary of Evogene Ltd., has announced a breakthrough in developing a novel Mode of Action (MoA) fungicide active against Zymoseptoria tritici, a major fungal pathogen affecting wheat crops globally. Utilizing advanced AI tools like TargetSelector™ and PointHit™, AgPlenus has identified promising compounds that inhibit fungal growth. The company is now moving into the next phase of optimizing these compounds using the ActiveSearch™ tool. This development aligns with AgPlenus mission to provide innovative and sustainable crop protection solutions. The company is leveraging AI technology to address pesticide resistance and has ongoing collaborations with industry leaders such as Corteva.

growth-positive

AgPlenus Ltd., a subsidiary of Evogene Ltd., has signed a licensing and collaboration agreement with Bayer AG. The partnership will see AgPlenus use its AI-driven computational modelling technology to design and optimize molecules for broad-spectrum herbicidal activity, targeting the APTH1 protein. The herbicide market is expected to be valued at $42.81 billion in 2024. The collaboration will leverage AgPlenus’ proprietary computational technology, powered by Evogene’s ChemPass AI tech engine, along with Bayer’s expertise in research, development, and commercialization of crop protection products.

growth-positive

AgPlenus Ltd., a subsidiary of Evogene Ltd., has achieved positive results in a Proof of Concept (POC) testing of a resistance trait for its leading herbicide product candidate, APH1. The company aims to develop herbicides that only affect weeds and not commercial crops. The milestone achievement demonstrates the potential for developing commercial crops with herbicide resistance to APH1, expanding its potential use to additional crops. AgPlenus is leveraging computational biology and chemistry to design effective and sustainable crop protection products. The global herbicide market is estimated to reach $34 billion in 2022. AgPlenus is collaborating with industry leaders such as BASF and Corteva. The next step for AgPlenus is to attempt to modify soybean plants to establish resistance to APH1. The article was published on July 6, 2021.

growth-positive

Corteva Agriscience and AgPlenus have entered into a multi-year collaboration for the development of novel herbicides. The collaboration aims to address the rise of global weed resistance by leveraging Cortevas strengths in crop protection product discovery and development with AgPlenus expertise in designing effective and sustainable crop protection products. Successful products resulting from the collaboration will enter a multi-billion-dollar market. Corteva holds an exclusive license from AgPlenus to commercialize herbicides based on the chemical families developed. The financial terms of the collaboration were not disclosed.