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- Casterra Ag, a subsidiary of Evogene (NASDAQ:EVGN), Tuesday said that it has recently signed new agreements with both existing and new seed producers in Africa.
- These agreements are expected to support the production of approximately 500 tons of additional seeds, enabling the completion of standing orders by the end of 2024 and positioning Casterra to fulfill future orders.
- “Expanding our partnerships with existing and additional seed producers strengthens production capabilities, marks a proactive commitment to meet the dynamic needs of customers and markets worldwide and also mitigates potential production risks,” Casterra CEO Yoash Zohar said.
- EVGN +2.75% premarket to $0.71.
- Source: Press Release
