Evogene reports progress in corn agreement with Monsanto

Genomics firm Evogene is set to help increase Brazilian alternative energy business with millions of acres of plants

In the biofuel business, the castor plant has become a sort of holy grail – much of that due to the efforts of Israel’s Evogene, which specializes in genetic modification of plants for industrial purposes. Brazil, South America’s largest country, could be next to benefit, as Evogene’s castor efforts are going commercial.