WASHINGTON, D.C. 20549
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
On October 28, 2026, Evogene
issued a press release announcing Acute Graft-Versus-Host Disease (aGVHD) as the target indication for its internal AI-driven drug discovery
program. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The contents of Exhibit
99.1 to this Form 6-K, excluding the statements of Head of Tumor Immunology at University Medical Center Freiburg, the Director of the
Adult Stem Cell Transplantation Program at the Dana-Farber Cancer Institute and the Chief Development Officer of Evogene, are incorporated
by reference in the registration statements on Form F-3 (Securities and Exchange Commission File No.’s 333-277565
and 333-294650), and Form S-8 (SEC File No.’s 333-193788, 333-201443, 333-203856, 333-259215, 333-286197 and 333-294648)
of Evogene, and will be a part thereof from the date on which this Form 6-K is submitted, to the extent not superseded by documents or
reports subsequently filed or furnished.
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1

Evogene Announces Acute Graft-Versus-Host
Disease (aGVHD) as
the Target Indication for Its Internal
AI-Driven Drug Discovery
Program
Advancing a First-in-Class Small-Molecule Therapeutic, Guided by
World-Leading Experts,
to Address a Multi-Billion-Dollar Unmet Need in Steroid-Refractory Patients
Rehovot, Israel – October 28, 2026 – Evogene Ltd.
(Nasdaq/TASE: EVGN), a pioneering computational chemistry company specializing in AI-driven generative design of small molecules for the
pharmaceutical and agricultural industries, today announced acute graft-versus-host disease (aGVHD) as the target indication for its internal
drug discovery program.
The program aims to develop a novel, potential first-in-class small-molecule
therapeutic targeting a key biological pathway implicated in severe inflammation in patients who do not respond to steroid treatment following
hematopoietic stem cell transplantation. Leveraging its proprietary ChemPass AI™ platform and guided by leading experts in the field,
Evogene aims to address this significant unmet medical need.
Acute GVHD is a serious, potentially life-threatening complication
of hematopoietic stem cell transplantation, affecting approximately 30%–40% of transplant recipientsi.
Mortality among patients with steroid-refractory aGVHD can reach 50%ii.
Treatment options remain limited, with ruxolitinib the only approved second-line therapy, underscoring the need for new therapeutic approaches.
This unmet medical need represents a multi-billion-dollar market opportunity for a novel, targeted therapy.
In just several months, Evogene has begun generating a diverse series
of novel, patentable small-molecule candidates featuring new chemical scaffolds and designed for synthetic feasibility. The candidates
demonstrate high potency at nanomolar concentrations, target selectivity, and favorable ADME and toxicology profiles. Using ChemPass AI™,
Evogene explored a virtual chemical space comprising more than 110 billion molecules, enabling the design of candidates with multiple
critical drug properties optimized simultaneously. This approach is designed to accelerate discovery and identify promising candidates
beyond conventional screening of existing compound libraries.
The program is guided by world-renowned experts in aGVHD: Dr. Corey
Cutler of Dana-Farber Cancer Institute and Prof. Dr. Robert Zeiser of University Medical Center Freiburg. Their clinical and translational
expertise supports Evogene’s target selection and development strategy as the company advances its lead series toward IND-enabling
studies.
The program represents a key step in Evogene’s strategy to build
a pipeline of high-value, proprietary therapeutic assets powered by its AI-driven computational chemistry platform.
"Our research identified a specific signaling pathway that is
highly overactive and plays a central role in driving severe inflammation in steroid-refractory acute GVHD," said Prof. Dr. Robert
Zeiser, Head of Tumor Immunology at University Medical Center Freiburg. "Targeting this pathway offers a compelling therapeutic
approach. Evogene’s computationally designed lead molecules are intended to provide specificity and potency against these pathological
mechanisms, establishing a strong data-driven basis for a next-generation therapeutic strategy."
"Acute GVHD remains an area of significant unmet clinical need,
with ruxolitinib the only approved second-line therapy," said Dr. Corey Cutler, MD, MPH, Director of the Adult Stem Cell Transplantation
Program at Dana-Farber Cancer Institute. "Patients who fail initial steroid treatment face poor prognoses. A targeted, well-tolerated
small-molecule inhibitor that modulates this critical pathway of immune dysregulation has the potential to become a cornerstone of treatment
and significantly improve patient outcomes."
"The launch of our aGVHD program marks the execution of Evogene’s
strategic commitment to advancing proprietary, internally developed therapeutic assets," said Dr. Gabi Tarcic, Chief Development
Officer of Evogene. "By applying our ChemPass AI™ platform to this challenging target biology, we generated novel molecular
candidates with optimized properties in just months. This program demonstrates the potential of our generative AI technology to accelerate
discovery while producing diverse chemical scaffolds optimized for drug development. We look forward to advancing these lead candidates
toward IND-enabling studies."
About Evogene Ltd.:
Evogene Ltd.
(Nasdaq/TASE: EVGN) is a pioneering company in computational chemistry, specializing in the generative design of small molecules for drug
development and ag chemical products.
At the core
of its technology is ChemPass AITM, a proprietary generative AI designed to explore vast chemical space and generate
novel, highly potent small molecules optimized across multiple critical parameters. Built on this powerful technological foundation, and
through strategic partnerships alongside internal product development, Evogene is focused on creating breakthrough products for the pharmaceutical
and agricultural industries, driven by the integration of scientific innovation with real-world industry needs.
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 uses forward-looking
statements in this press release when it discusses the program’s ability to develop a novel, potential first-in-class small-molecule
therapeutic targeting a key biological pathway implicated in severe inflammation in patients who do not respond to steroid treatment following
hematopoietic stem cell transplantation, the program’s ability to accelerate discovery and identify promising candidates beyond
conventional screening of existing compound libraries, and the potential of our generative AI technology to accelerate discovery while
producing diverse chemical scaffolds optimized for drug development. 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 aftermath of the recent war between Israel and
each of (i) the terrorist groups, Hamas and Hezbollah, (ii) Iran, and (iii) other regional terrorist groups supported by Iran, and any
potential destabilizations in Israel, neighboring territories or the Middle East region, and those risk factors contained in Evogene’s
reports filed with the applicable securities authority. In addition, Evogene and its subsidiaries rely, and expect to continue to rely,
on third parties to conduct certain activities, such as their field-trials and pre-clinical studies, and if these third parties do not
successfully carry out their contractual duties, comply with regulatory requirements or meet expected deadlines, Evogene and its subsidiaries
may experience significant delays in the conduct of their activities. Evogene and its subsidiaries disclaim any obligation or commitment
to update these forward-looking statements to reflect future events or developments or changes in expectations, estimates, projections
and assumptions.
Contact
ir@evogene.com
Tel: +972-8-9311901
______________________________
i
Gooptu, Mahasweta, and John Koreth. Haematologica 105.11 (2020): 2550.
ii
Holtan, Shernan G., et al. Bone marrow transplantation 57.10 (2022): 1581-1585.