For more than 40 years, Neogen has built a legacy of advancing food and animal safety through innovative testing and monitoring solutions. Grounded in purpose and trusted by customers worldwide, the company continues to deliver technologies that make food safer and communities stronger. Today, with a broad portfolio and global reach, Neogen stands as a clear leader in the attractive Food Safety market, an industry we believe benefits from long-term secular tailwinds and increasing global regulatory attention.
More than 95% of Neogen’s portfolio consists of consumable products, whose cost is minimal compared to the risks of inadequate testing. Leveraging its diagnostics expertise, global scale, and the broadest portfolio of solutions in the industry, Neogen is executing focused initiatives to drive growth and remain at the forefront of the market through a commitment to innovation. With the majority of the integration of the transformational acquisition of the former 3M Food Safety business now complete, we believe the Company has significant runway ahead for top-line expansion, margin improvement, and enhanced free cash flow generation, which ultimately supports Neogen’s opportunity to deliver long-term value for shareholders.