Evogene, Bayer end herbicide project; assets revert
Evogene Ltd. reports that its subsidiary Ag Plenus Ltd. (AgPlenus) and Bayer AG have decided to discontinue their joint herbicide development project, effective May 18, 2026, after determining the target protein did not meet required product criteria.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Evogene Ltd. reports that its subsidiary Ag Plenus Ltd. (AgPlenus) and Bayer AG have decided to discontinue their joint herbicide development project, effective May 18, 2026, after determining the target protein did not meet required product criteria.
All assets previously licensed to Bayer under the collaboration, including the APTH1 protein target and associated active molecules, will revert to AgPlenus. The report is also incorporated by reference into Evogene’s effective Form F-3 and multiple Form S-8 registration statements.
Key Terms
herbicide development project technical
target protein technical
APTH1 protein target technical
Form F-3 regulatory
Form S-8 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Evogene (EVGN) announce regarding its collaboration with Bayer?
Why was the Evogene–Bayer herbicide project discontinued?
What happens to the APTH1 protein target after Evogene and Bayer ended the project?
When does the termination of Evogene and Bayer’s herbicide collaboration take effect?
How is this Evogene (EVGN) 6-K used in the company’s registration statements?
AI-generated analysis. How Rhea-AI works. Not financial advice.