Neogen Corporation

Neogen Corporation (Neogen) is a medical device company engaged in the development, manufacture, and marketing of products pertaining to in-vitro diagnostic markets. The company operates through two business segments, namely, Food Safety and Animal Safety. Its Food Safety segment consists of diagnostic test kits and complementary products. The Animal safety segment works for the safety of animals by detecting dangerous and unintended substances in human food and animal feed. The company markets products in the US, Canada, the UK and in other parts of Europe through direct sales force. Neogen is headquartered in Michigan, the US.The company reported revenues of (U.S. Dollars) USD 118.72 million during the fiscal year ended May 2009, an increase of 15.92% over 2008. The operating profit of the company was USD 20.49 million during the fiscal year 2009, an increase of 13.70% over 2008. The net profit of the company was USD 13.87 million during the fiscal year 2009, an increase of 14.68% over 2008.