Evogene Partners with QUT to Develop Novel Cancer Drugs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 17 2026
0mins
Should l Buy EVGN?
Evogene announced a collaboration with the research group of Dr. Mark Adams, a cancer genomics expert in the School of Biomedical Sciences and Faculty of Health at the Queensland University of Technology, or QUT, Australia. This partnership aims to accelerate the discovery and optimization of novel small molecules as potential drug candidates for the treatment of chemotherapy and targeted therapy-resistant non-small cell lung cancer, or NSCLC, as well as other cancers. Resistance to standard-of-care chemotherapies and targeted therapies remain a major hurdle in treating patients with aggressive cancers, such as NSCLC. Based on breakthrough findings from Dr. Adams' lab uncovering a novel druggable cellular detoxification pathway driving Cisplatin resistance in NSCLC, this collaboration aims to design novel small-molecule inhibitors that effectively block this critical mechanism and restore treatment sensitivity. The collaboration seeks to introduce a new therapeutic strategy for overcoming chemotherapy resistance in lung cancer.
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Analyst Views on EVGN
Wall Street analysts forecast EVGN stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.861
Low
2.50
Averages
2.50
High
2.50
Current: 0.861
Low
2.50
Averages
2.50
High
2.50
About EVGN
Evogene Ltd is an Israel-based company, engaged in leveraging computational biology to design products for life-science-based industries including human health, agriculture, and industrial applications. Leveraging Big Data and Artificial Intelligence while incorporating a deep understanding of biology, Evogene established its technology, the Computational Predictive Biology (CPB) platform, to computationally design microbes, small molecules and genes as the core components for life-science products. Evogene holds a number of subsidiaries utilizing the CPB platform, for the development of human microbiome-based therapeutics, medical cannabis, ag-biologicals, ag-chemicals, seed traits and ag-solutions for castor oil production.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Evogene Updates on Strategic Progress and Outlook
- Strategic Focus Shift: After a comprehensive technology review in 2025, Evogene decided to concentrate resources on the ChemPass AI™ platform, focusing on two high-impact markets—human health and agriculture—thereby enhancing its competitiveness in small-molecule therapeutics and novel ag-chemicals.
- Partnership Expansion: Throughout 2025 and early 2026, ChemPass AI™ successfully identified multiple development candidate molecules and established four collaborations with biotechnology firms and academic institutions, with expectations for further scaling of partnerships to accelerate drug discovery.
- Divestment of Non-Core Assets: Evogene has substantially completed the divestment of non-core subsidiaries, including the sale of Lavie Bio to ICL and licensing Biomica's oncology candidate BMC128 to Lishan Pharmaceuticals, ensuring a focus on assets with significant value potential.
- Enhanced Capital Efficiency: By streamlining its organizational structure and optimizing capital allocation, Evogene has transformed into a more agile and capital-efficient company, committed to creating sustainable long-term value in the small-molecule and agricultural chemical sectors.
See More
Evogene Schedules Q4 and Full Year 2025 Financial Results Call
- Earnings Release Schedule: Evogene Ltd. will announce its financial results for Q4 and the full year 2025 on March 5, 2026, highlighting the company's ongoing innovation and development in computational chemistry.
- Call Timing and Access: Management will host a conference call at 9:00 AM ET (4:00 PM Israel time) to discuss the financial results, with attendees required to register in advance to obtain the call link.
- Technological Edge: The company's core technology, ChemPass AI™, utilizes a generative AI engine to design novel small molecules, significantly improving success rates while reducing development time and costs, driving innovation in the pharmaceutical and agricultural sectors.
- Strategic Development Focus: Evogene is committed to creating breakthrough products through scientific innovation aligned with real-world industry needs, embodying its strategic approach of
See More
Evogene Enters Warrant Inducement Agreement Amid Stock Decline
- Financing Agreement Details: Evogene's warrant inducement agreement with an existing institutional investor allows existing warrants to be exercised at $1.00 per share, expected to generate approximately $3.4 million in cash for working capital and general corporate purposes, despite a more than 14% drop in stock price.
- New Warrant Issuance: The transaction includes the immediate exercise of August 2024 Series A and B ordinary warrants, each allowing the purchase of 1,692,308 ordinary shares, with investors receiving new unregistered warrants to purchase an additional 5,076,924 shares at $1.25 each, reflecting the company's proactive financing strategy.
- Collaboration Expansion with Google Cloud: Evogene announced an expanded collaboration with Google Cloud to integrate advanced AI agents into its ChemPass AI platform using Vertex AI, aiming to automate workflows and enhance small-molecule discovery, thereby strengthening its innovation pipeline in pharmaceuticals and agriculture.
- Market Sentiment Analysis: Despite EVGN shares declining over 33% in the past year, retail sentiment on Stocktwits remains in the 'extremely bullish' territory, indicating confidence in the company's future potential despite current challenges.
See More
Evogene Enters Warrant Inducement Agreement with Investor
- Financing Agreement Reached: Evogene has entered into a warrant inducement agreement with an existing institutional investor for the immediate exercise of August 2024 Series A and B warrants, allowing the purchase of a total of 3,384,616 ordinary shares, which is expected to generate approximately $3.4 million in cash flow, enhancing the company's liquidity and operational capacity.
- Warrant Details: The existing warrants will be exercised at a price of $1.00 per share, while the newly issued Series A-1 and B-1 warrants will have an exercise price of $1.25 per share, providing additional funding support for future R&D and market expansion efforts.
- Transaction Timeline: The closing of this transaction is expected to occur on February 11, 2026, subject to customary closing conditions, allowing the company to quickly utilize the funds for strategic investments.
- Compliance and Registration Statement: Evogene will file a registration statement with the SEC to cover the ordinary shares issuable upon exercise of the new warrants, ensuring compliance and paving the way for future capital market activities.
See More
Evogene Enters Warrant Inducement Agreement with Investor
- Financing Agreement: Evogene has entered into a warrant inducement agreement with an existing institutional investor for the immediate exercise of August 2024 Series A and B warrants, allowing the purchase of 3,384,616 ordinary shares, which is expected to generate approximately $3.4 million in cash flow, enhancing the company's liquidity.
- Warrant Details: The existing warrants will be exercised at a price of $1.00 per share, while the newly issued Series A-1 and B-1 warrants will have an exercise price of $1.25 per share, reflecting the company's confidence in future stock performance and providing investors with additional investment opportunities.
- Planned Use of Funds: Evogene intends to use the net proceeds from this transaction for working capital and other general corporate purposes, which will support the company's innovative developments in the pharmaceutical and agricultural sectors, further advancing its
See More
Evogene and Lishan Biotech Sign Exclusive Licensing Agreement
- Exclusive Licensing Agreement: Evogene's subsidiary Biomica has entered into a global exclusive licensing agreement with China's Lishan Biotech for BMC128, a therapy designed to enhance anti-tumor immune activity, marking a strategic collaboration in the microbiome treatment space.
- Clinical Research Progress: BMC128 is currently undergoing Phase 1 clinical studies for renal cell carcinoma and non-small cell lung cancer, with preliminary results indicating excellent safety and tolerability, alongside a high proportion of patients achieving stable disease during treatment, suggesting its potential clinical value.
- Global Development Responsibility: Under the agreement, Lishan Biotech will take charge of the global clinical development, manufacturing, and commercialization of BMC128, which will accelerate the therapy's market introduction and provide Evogene with milestone payments and royalties on future sales.
- Strategic Collaboration Outlook: Lishan Biotech plans to advance BMC128 into Phase 2 clinical studies and pursue regulatory filings in both China and the United States, expected to offer innovative treatment options for cancer patients and further solidify both parties' market positions in the biopharmaceutical sector.
See More
Evogene Updates on Strategic Progress and Outlook
- Strategic Focus Shift: After a comprehensive technology review in 2025, Evogene decided to concentrate resources on the ChemPass AI™ platform, focusing on two high-impact markets—human health and agriculture—thereby enhancing its competitiveness in small-molecule therapeutics and novel ag-chemicals.
- Partnership Expansion: Throughout 2025 and early 2026, ChemPass AI™ successfully identified multiple development candidate molecules and established four collaborations with biotechnology firms and academic institutions, with expectations for further scaling of partnerships to accelerate drug discovery.
- Divestment of Non-Core Assets: Evogene has substantially completed the divestment of non-core subsidiaries, including the sale of Lavie Bio to ICL and licensing Biomica's oncology candidate BMC128 to Lishan Pharmaceuticals, ensuring a focus on assets with significant value potential.
- Enhanced Capital Efficiency: By streamlining its organizational structure and optimizing capital allocation, Evogene has transformed into a more agile and capital-efficient company, committed to creating sustainable long-term value in the small-molecule and agricultural chemical sectors.
See More
Evogene Schedules Q4 and Full Year 2025 Financial Results Call
- Earnings Release Schedule: Evogene Ltd. will announce its financial results for Q4 and the full year 2025 on March 5, 2026, highlighting the company's ongoing innovation and development in computational chemistry.
- Call Timing and Access: Management will host a conference call at 9:00 AM ET (4:00 PM Israel time) to discuss the financial results, with attendees required to register in advance to obtain the call link.
- Technological Edge: The company's core technology, ChemPass AI™, utilizes a generative AI engine to design novel small molecules, significantly improving success rates while reducing development time and costs, driving innovation in the pharmaceutical and agricultural sectors.
- Strategic Development Focus: Evogene is committed to creating breakthrough products through scientific innovation aligned with real-world industry needs, embodying its strategic approach of
See More
Evogene Enters Warrant Inducement Agreement Amid Stock Decline
- Financing Agreement Details: Evogene's warrant inducement agreement with an existing institutional investor allows existing warrants to be exercised at $1.00 per share, expected to generate approximately $3.4 million in cash for working capital and general corporate purposes, despite a more than 14% drop in stock price.
- New Warrant Issuance: The transaction includes the immediate exercise of August 2024 Series A and B ordinary warrants, each allowing the purchase of 1,692,308 ordinary shares, with investors receiving new unregistered warrants to purchase an additional 5,076,924 shares at $1.25 each, reflecting the company's proactive financing strategy.
- Collaboration Expansion with Google Cloud: Evogene announced an expanded collaboration with Google Cloud to integrate advanced AI agents into its ChemPass AI platform using Vertex AI, aiming to automate workflows and enhance small-molecule discovery, thereby strengthening its innovation pipeline in pharmaceuticals and agriculture.
- Market Sentiment Analysis: Despite EVGN shares declining over 33% in the past year, retail sentiment on Stocktwits remains in the 'extremely bullish' territory, indicating confidence in the company's future potential despite current challenges.
See More
Evogene Enters Warrant Inducement Agreement with Investor
- Financing Agreement Reached: Evogene has entered into a warrant inducement agreement with an existing institutional investor for the immediate exercise of August 2024 Series A and B warrants, allowing the purchase of a total of 3,384,616 ordinary shares, which is expected to generate approximately $3.4 million in cash flow, enhancing the company's liquidity and operational capacity.
- Warrant Details: The existing warrants will be exercised at a price of $1.00 per share, while the newly issued Series A-1 and B-1 warrants will have an exercise price of $1.25 per share, providing additional funding support for future R&D and market expansion efforts.
- Transaction Timeline: The closing of this transaction is expected to occur on February 11, 2026, subject to customary closing conditions, allowing the company to quickly utilize the funds for strategic investments.
- Compliance and Registration Statement: Evogene will file a registration statement with the SEC to cover the ordinary shares issuable upon exercise of the new warrants, ensuring compliance and paving the way for future capital market activities.
See More
Evogene Enters Warrant Inducement Agreement with Investor
- Financing Agreement: Evogene has entered into a warrant inducement agreement with an existing institutional investor for the immediate exercise of August 2024 Series A and B warrants, allowing the purchase of 3,384,616 ordinary shares, which is expected to generate approximately $3.4 million in cash flow, enhancing the company's liquidity.
- Warrant Details: The existing warrants will be exercised at a price of $1.00 per share, while the newly issued Series A-1 and B-1 warrants will have an exercise price of $1.25 per share, reflecting the company's confidence in future stock performance and providing investors with additional investment opportunities.
- Planned Use of Funds: Evogene intends to use the net proceeds from this transaction for working capital and other general corporate purposes, which will support the company's innovative developments in the pharmaceutical and agricultural sectors, further advancing its
See More
Evogene and Lishan Biotech Sign Exclusive Licensing Agreement
- Exclusive Licensing Agreement: Evogene's subsidiary Biomica has entered into a global exclusive licensing agreement with China's Lishan Biotech for BMC128, a therapy designed to enhance anti-tumor immune activity, marking a strategic collaboration in the microbiome treatment space.
- Clinical Research Progress: BMC128 is currently undergoing Phase 1 clinical studies for renal cell carcinoma and non-small cell lung cancer, with preliminary results indicating excellent safety and tolerability, alongside a high proportion of patients achieving stable disease during treatment, suggesting its potential clinical value.
- Global Development Responsibility: Under the agreement, Lishan Biotech will take charge of the global clinical development, manufacturing, and commercialization of BMC128, which will accelerate the therapy's market introduction and provide Evogene with milestone payments and royalties on future sales.
- Strategic Collaboration Outlook: Lishan Biotech plans to advance BMC128 into Phase 2 clinical studies and pursue regulatory filings in both China and the United States, expected to offer innovative treatment options for cancer patients and further solidify both parties' market positions in the biopharmaceutical sector.
See More
