India, June 10 -- Shares of Evogene Ltd. (EVGN) gained over 67% on Tuesday morning after the company announced completion of its generative AI foundation model, version 1.0, for small molecule design, developed in collaboration with Google Cloud.
EVGN is currently trading at $1.8899, up $0.7599 or 67.2478%, on a huge volume of 74 million shares, above average volume of 0.4 million, on the Nasdaq. The stock opened its trading at $2.0600 after closing Monday at $1.1300. The stock has traded between $0.9500 and $7.2000 in the past 52-week period.
In both pharma and agriculture, successful product development depends on identifying molecules that meet complex performance criteria while also being patentable.
googletag.cmd.push(function() { g...