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Compugen Agricultural Subsidiary Evogene to Close $2 Million Round

NEW YORK, Jan. 6-Evogene, the agricultural biotech subsidiary of Compugen, expects to close its first round of funding soon, Compugen said today.

 

The subsidiary expects the private placement to top out at about $2 million.

 

Evogene, which was officially launched in January 2002, uses Compugen technology to develop improved crops and plant strains that can produce valuable compounds.

 

For further information, see the company website.

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