Neogen Corp - Company Profile
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Business Description
Neogen Corp (Neogen) develops, manufactures, and markets products for food safety and animal safety.The company's product portfolio includes a wide range of diagnostic tests to detect toxins and pathogens in food, pharmaceuticals, rodenticides, disinfectants, vaccines and veterinary instruments.
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R&D Overview
Neogen prioritises its research and development activities. Its efforts in product development are centered on creating and introducing new innovative products to further its business strategy and improve existing products. As of May 2025, the global research and development team comprised 78 scientists and support staff, including immunologists, chemists, geneticists, engineers, and microbiologists, focused on both new product development and enhancement of existing offerings. The research and development team continues to collaborate with experts in industry and regulatory agencies to advance scientific solutions beneficial to the Food Safety and Animal Safety sectors. Neogen has active development projects for various new diagnostic tests and complementary products for both the Food Safety and Animal Safety markets. Neogen holds around 169 US patents, along with 611 patents in countries other than the US, and 177 patent applications pending worldwide. In addition, Neogen's trademark portfolio consists of about 100 trademark registrations in the US, 370 trademark registrations in countries outside of the US, and 18 trademark registration applications globally. The company invested US$21 million in R&D activities in FY2025, which, as a percentage of its revenue, stood at 2.3%.
Business Segments
Overview
Involved in developing, manufacturing, marketing, and distributing a wide range of products and services for the global animal safety market. These include veterinary instruments, pharmaceuticals, vaccines, topicals, parasiticides, diagnostic products, rodent control products, cleaners, disinfectants, insect control products, and genomics testing services. Most of these products are sold through veterinarians, retailers, livestock producers, and animal health product distributors.
Performance
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Overview
Sells diagnostic test kits and related products to food producers and processors. These products are used to detect harmful and unintended substances in human food and animal feed, such as foodborne pathogens, spoilage organisms, natural toxins, food allergens, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns. The majority of diagnostic test kits are disposable, single-use products that rely on proprietary antibodies and RNA and DNA testing methods to provide fast and accurate results. Additionally, the company offers genomics-based diagnostic technology and advanced software systems that allow testers to analyze and store their results objectively, as well as to analyze results from multiple locations over extended periods.
Performance
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Geographical Segments
Performance
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Performance
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