| Business Summary | | Neogen
Corporation
develops,
manufactures,
and
markets
a
diverse
line
of
products
dedicated
to
food
and
animal
safety.
The
Company's
food
safety
segment
consists
primarily
of
diagnostic
test
kits
and
related
products,
including
dehydrated
culture
media,
marketed
to
food
producers
and
processors
to
aid
in
the
detection
of
foodborne
bacteria,
natural
toxins,
food
allergens,
drug
residues,
pesticide
residues,
plant
disease
infections
and
levels
of
general
sanitation.
The
diagnostic
test
kits
are
generally
less
expensive,
easier
to
use
and
provide
greater
accuracy
and
speed
than
many
of
the
conventional
diagnostic
methods
currently
in
use.
The
majority
of
the
tests
are
disposable,
single-use,
immunoassay
products
that
rely
on
Neogen's
proprietary
antibodies
to
produce
rapid
and
accurate
test
results. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NEOG
develops,
manufactures,
and
markets
a
line
of
products
dedicated
to
food
and
animal
safety.
NEOG's
products
are
used
for
animal
health
applications,
food
safety
testing
and
in
medical
research.
For
the
nine
months
ended
2/28/01,
revenues
rose
51%
to
$25.7
million.
Net
income
increased
27%
to
$2.2
million.
Revenues
reflect
increased
sales
of
food
safety
products.
Earnings
were
partially
offset
by
decreased
interest
income. Recent Earnings Announcement For
the
3
months
ended
05/31/2001,
revenues
were
9,161;
after
tax
earnings
were
924. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Herbert, 60 Chairman,
Pres, CEO | $248K | Richard Current, 56 CFO,
VP | -- | Brinton Miller, Ph.D., 73 Sr.
VP | -- | Edward Bradley, 40 VP | -- | Joseph Madden, Ph.D., 51 VP,
Scientific Affairs | -- | Dollar amounts are as of 31-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|