Syngenta and Evogene Ltd Subsidiary, Lavie Bio Announce Partnership to Discover and Develop Novel Bio-Insecticide
Portfolio Pulse from Benzinga Newsdesk
Syngenta Crop Protection and Lavie Bio Ltd., a subsidiary of Evogene Ltd. (NASDAQ:EVGN), have announced a partnership to discover and develop novel bio-insecticide solutions. The collaboration aims to combine Lavie Bio's technology platform with Syngenta's global R&D and commercialization capabilities.
February 20, 2024 | 12:14 pm
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Evogene Ltd. (NASDAQ:EVGN) enters a strategic partnership through its subsidiary Lavie Bio with Syngenta to develop bio-insecticides, potentially boosting its market position and innovation capabilities.
The partnership with Syngenta, a leader in agricultural innovation, is likely to enhance Evogene's market position by leveraging its subsidiary Lavie Bio's technology. This collaboration could lead to the development of significant bio-insecticide solutions, potentially increasing Evogene's value and attractiveness to investors. The strategic nature of this partnership and the involvement in a growing sector of ag-biologicals suggest a positive outlook for Evogene's stock in the short term.
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