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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.

The Scan

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