Welcome to our dedicated page for Neogen news (Ticker: NEOG), a resource for investors and traders seeking the latest updates and insights on Neogen stock.
Neogen Corporation (NASDAQ: NEOG) generates a steady flow of news related to food safety, animal safety, and global food security. As a Lansing, Michigan-based manufacturer of diagnostics and related products, Neogen regularly issues updates on its financial performance, segment trends, and strategic actions that affect the Food Safety and Animal Safety markets.
On this page, readers can follow earnings releases where Neogen reports revenue, segment performance, gross margin, and non-GAAP measures such as adjusted EBITDA. These updates often break out results for the Food Safety and Animal Safety segments, discuss core revenue trends versus divestitures and discontinued product lines, and provide commentary on product categories like pathogen detection, indicator testing, culture media, biosecurity, and genomics.
Neogen’s news flow also includes announcements about leadership changes, such as the appointment of a new President and Chief Executive Officer, Chief Financial Officer, and senior commercial and business unit leaders. Board transitions, including director retirements and new director appointments, are disclosed through both press releases and related SEC filings.
Sector-specific items appear in Neogen’s news as well, including collaborations in equine health and vaccine offerings such as BotVax B for botulism Type B in horses. The company also announces participation in investor conferences and the timing of quarterly earnings calls and webcasts.
By reviewing the NEOG news feed on this page, investors and observers can track how Neogen describes its progress in food safety, livestock, and pet health and wellness, as well as its strategic transformation efforts, restructuring actions, and capital allocation decisions over time.
Neogen Corporation (NASDAQ: NEOG) announced plans to acquire the U.S. rights to Elanco's StandGuard® Pour-on for cattle insect control, enhancing its agricultural insecticide portfolio. This acquisition aligns with the FTC's recent approval of Elanco's buyout of Bayer AG's animal health business. StandGuard is a leading product in the domestic beef cattle insecticide market, offering Neogen immediate sales prospects and access to new registrations. The transaction terms remain undisclosed, but the acquisition signifies Neogen's strategic growth in agricultural biosecurity.
Neogen Corporation (NASDAQ: NEOG) has launched the Soleris® Next Generation (NG) system, designed for rapid detection of microorganisms in food and consumer products. This advanced system can identify yeast and mold in 48 hours and detect Alicyclobacillus in the same timeframe, significantly faster than traditional methods. With features such as integrated software and 32-vial incubating drawers, Soleris NG simplifies the testing process across various industries, including food, nutraceutical, cosmetic, and cannabis sectors. The system is validated by USP and certified by AOAC and MicroVal.