AgPlenus Announces Discovery of a New Mode of Action for Fungicides Against Wheat Disease
Rhea-AI Summary
AgPlenus, a subsidiary of Evogene (NASDAQ: EVGN), announced the discovery of a novel Mode of Action (MoA) against Zymoseptoria tritici, a fungal pathogen causing Septoria tritici blotch (STB) in wheat crops. The company has identified effective compounds through virtual screening and experimental testing.
The disease represents a significant market opportunity, with over 70% of wheat fungicides in Europe targeting Zymoseptoria tritici, worth more than 1.2 billion euros annually. Using their TargetSelector™ and PointHit™ tools, AgPlenus identified target proteins and inhibitory molecules, which showed promising results in laboratory and greenhouse trials.
The program is advancing to the next phase, utilizing the ActiveSearch™ tool to optimize the discovered molecules and explore potential collaborations for developing a novel fungicide.
Positive
- Discovery of new Mode of Action against major wheat pathogen
- Successful identification of effective compounds through testing
- Large market opportunity (€1.2B annually in Europe)
- Positive laboratory and greenhouse trial results
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, EVGN gained 0.68%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Initial fungicidally active compounds already discovered
REHOVOT,
Zymoseptoria tritici causes widespread STB, a main cause of global crop loss in wheat production. In
AgPlenus initially launched its Zymoseptoria program utilizing the advanced TargetSelector™ tool to identify target proteins that are essential for the fungus' vitality. Subsequently, the company employed the PointHit™ tool to discover chemical molecules that inhibit these target proteins. The platform predicted a set of relevant molecules that were rigorously tested in two controlled environments: laboratory and greenhouse trials. Results from the greenhouse trials demonstrated the efficacy of these molecules in managing Zymoseptoria.
With these encouraging preliminary results, the program is now moving into its next phase, which involves further optimization of the discovered molecules using the ActiveSearch™ tool. The aim is to enhance their performance and explore potential collaborations and further development to potentially generate a novel effective fungicide.
"I am encouraged by the results obtained by utilizing the various tools in ChemPass AI for Ag in our Zymoseptoria program and the progress the program has made," said Dr. Dan Gelvan, CEO of AgPlenus. "With increasing fungicide resistance posing challenges to wheat yields worldwide, the identification of these novel targets is timely."
The validation of this new MoA protein target, combined with the identification of fungicidally effective compounds active through the new MoA, strengthens AgPlenus' position at the forefront of developing novel crop-protection solutions. This advancement aligns with the company's mission to provide innovative, sustainable solutions for crop protection.
About AgPlenus Ltd.
AgPlenus is a platform company designing effective and sustainable crop protection products. At AgPlenus, we are solving pesticide resistance by infusing the discovery process with predictive biology and artificial intelligence. AgPlenus leverages the ChemPass AI tech-engine, licensed from Evogene, to discover and bring to market effective and sustainable crop protection products. Our target-based approach allows us to reduce risk and increase efficiency, so that we can deliver on our promise to defeat global pesticide resistance. AgPlenus has ongoing collaborations with industry leaders such as Corteva. AgPlenus is a subsidiary of Evogene Ltd.
For more information, please visit www.agplenus.com
About Evogene Ltd.:
Evogene (Nasdaq: EVGN, TASE: EVGN) is a computational biology company aiming to revolutionize the development of life-science based products by utilizing cutting edge technologies to increase the probability of success while reducing development time and cost. Evogene established three unique tech-engines - MicroBoost AI, ChemPass AI and GeneRator AI – leveraging Big Data and Artificial Intelligence and incorporating deep multidisciplinary understanding in life sciences. Each tech-engine is focused on the discovery and development of products based on one of the following core components: microbes (MicroBoost AI), small molecules (ChemPass AI), and genetic elements (GeneRator AI).
Evogene uses its tech-engines to develop products through subsidiaries and strategic partnerships. Evogene's subsidiaries currently utilize the tech-engines to develop human microbiome-based therapeutics by Biomica, ag-biologicals by Lavie Bio, ag-chemicals by AgPlenus, and castor varieties, for the biofuel and other industries, by Casterra.
For more information, please visit: www.evogene.com.
Forward Looking Statements
This press release contains "forward-looking statements" relating to future events. These statements may be identified by words such as "may", "could", "expects", "hopes" "intends", "anticipates", "plans", "believes", "scheduled", "estimates", "demonstrates" or words of similar meaning. For example, Evogene and its subsidiaries are using forward-looking statement in this press release when it discusses the optimization of the discovered molecules and further development to generate a novel effective fungicide, Ag Plenus success in the development of novel crop-protection solutions. Such statements are based on current expectations, estimates, projections and assumptions, describe opinions about future events, involve certain risks and uncertainties which are difficult to predict and are not guarantees of future performance. Therefore, actual future results, performance or achievements of Evogene and its subsidiaries may differ materially from what is expressed or implied by such forward-looking statements due to a variety of factors, many of which are beyond the control of Evogene and its subsidiaries, including, without limitation, the current war between
[1] TRESEARCH| SUMMER 2019| VOLUME 14: NUMBER 2
Contact:
ir@evogene.com
Tel: +972-8-9311901
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SOURCE AgPlenus Ltd.

