Food, Animal Testing Growth Drives Sales, Profits At Lansing's NeogenLansing-based Neogen Corp. announced that its net income for the third quarter of fiscal year 2013, which ended Feb. 28, increased 27 percent to $6.7 million or 27 cents a share, up from $5.2 million or 22 cents a share in the same quarter a year earlier.
Neogen Launches Rapid Tests For RactopamineAs international debate continues on the use of the feed additive ractopamine, Neogen Corporation (Nasdaq: NEOG) has launched easy-to-use 10 minute tests to detect ractopamine in animal and animal feed samples.
Neogen Reports 30 Percent Increase In Quarterly Net IncomeNeogen Corp. announced net income of $6.8 million or 28 cents a share in the second quarter of its fiscal year, ended Nov. 30, up from $5.2 million or 22 cents a share in the same quarter of the prior fiscal year. Revenue was $50.7 million, up 13 percent from $44.9 million a year earlier.
USDA Issues No Objection Letter To Neogen's NeoSeek STEC Detection SystemNeogen Corp. has announced the United States Department of Agriculture's Food Safety and Inspection Service has issued a letter of no objection for the use of Neogen's NeoSEEK pathogen DNA detection method to detect Shiga toxin-producing strains of E. coli, known in toxicology as STECs.
Neogen Reports 30% Profit Jump, Revenue Up 23%Lansing-based Neogen Corp. Tuesday announced a 30 percent increase in net income for its fiscal year ended May 31, to $22.8 million or 96 cents a share, up from $17.5 million or 76 cents a share. Revenue for the fiscal year was up 23 percent to $172.7 million from $140.5 million in the prior fiscal year.
HR Notices From January 6The latest in technology-related hirings at Michigan companies and institutions
Neogen's Rapid Test for Salmonella Gets Approval

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