industry healthcare food safety animal safety genomics founded 1982 1 headquarters lansing michigan united states area served worldwide revenue 321.275 million 2016 2 operating income 56.386 million 2016 2 net income 36.564 million 2016 2 number of employees 1200 3 divisions neogen food tech neogen biologies ideal instruments inc. subsidiaries neogen europe ltd. neogen do brasil neogen latinoam rica neogen china website http www.neogen.com neogen corp. nasdaq neog is an international food safety company that provides test kits and relevant products to detect dangerous substances in food . the company was founded in 1982 and is based in lansing michigan . 1 the company serves a wide range of countries including canada 4 united states the united kingdom 5 parts of europe 6 mexico 7 and brazil 8 india 9 and china 10 among others . as of 2016 the company has a market capitalization of 1.83 billion 11 with an enterprise value of 1.57 billion . 12 the company operates a product line of over 100 drug detection test kits worldwide for the detection of about 300 abused and therapeutic drugs in animal treatment . 13 in 2009 it became a vendor of chinese government and has been engaged in research china specific food safety and plant health issues . 14 contents 1 history 2 products 3 organization 4 references 5 literature cited history edit the company was founded by herbert d. ted doan and james l. herbert in 1981 as an investment project by michigan state university . due to the 50 000 investment by the university michigan state retained 30 % of the company shares in the early years after its founding . the purpose of the company was to help strengthen the biotechnology community in lansing and the state as a whole which had no large biotech companies at the time and to help retain molecular biologists within the state . 15 one of the earliest acquisitions for the company was ideal instruments inc. in 1985 in order to utilize their production of veterinary tools . 16 in 2010 neogen acquired the genomics focused company geneseek in order to expand their focus on animal genomes and proper heredity and breeding especially in regards to cattle . 17 products edit neogen focuses on supplying products for bacterial detection and proper sterilization and tool handling with antibiotics along with genomics research products focused on gene isolation and heredity mapping . the detection products include reveal for salmonella enteriditis 18 along with agri screen and veratox for a range of mycotoxin detections . 19 advancements in hydrophobic grid membrane filter hgmf technology led neogen to the creation of a disposable filter in 2004 called neo grid . 20 organization edit the company operates its business through two segments including food safety and animal safety . the food safety segment provides diagnostic kits test and other complementary products for dangerous or unintended substances testing in both human and animal food . the animal safety segment is engaged in developing and supplying pharmaceuticals and medical instruments that are used in global veterinary market . 21 the latter segment also produces medicine to control animal disease and rodents in wide industries including agricultural food production . 22 in 2013 the company acquired chem tech ltd which used to by wholly owned by pat and kelle rolfes . 23 references edit a b cosentino lawrence october 9 2013 . neogen ceo james herbert honored for 30 years of restoration work on east side . city pulse . lansing michigan . retrieved august 26 2016 . a b c quinlan steven j. july 19 2016 . neogen reports record revenues and earnings pdf . neogen.com . neogen . retrieved august 26 2016 . neogen corporation s neog ceo jim herbert on q1 2016 results earnings call transcript . seeking alpha . september 21 2015 . retrieved august 27 2016 . harvey joseph october 20 2015 . neogen adds canadian genomics division . animal pharm . informa . retrieved august 27 2016 . alusheff alexander august 27 2015 . neogen acquires uk based firm lab m . lansing state journal . retrieved august 27 2016 . certification opens up market opportunities neogen . food quality news . june 6 2013 . retrieved august 27 2016 . plunkett jack w. march 1 2009 . plunkett s companion to the almanac of american employers 2009 mid size firms . houston texas plunkett research . isbn 9781593921262 . neogen acquires brazilian animal genomics company . veterinary week . may 9 2016 . retrieved august 27 2016 . neogen acquires kerala based food safety company . business standard . june 2 2015 . retrieved august 27 2016 . neogen acquires assets of chinese distributor anapure . food safety magazine . december 8 2014 . retrieved august 27 2016 . neogen corporation nasdaq neog market cap reaches 1.83 b . vanguard tribune . february 23 2016 . retrieved august 27 2016 . neogen corporation key statistics yahoo finance . finance.yahoo.com . retrieved 2014 03 09 . neogen corporation nasdaq . secfilings.nasdaq.com . retrieved 2014 03 10 . neogen partners with chinese government . neogen.com . february 9 2006 . retrieved 2014 03 10 . kenney 1988 pp. 83 84 new alliances and partnerships in american science and engineering . national academies press . 1986 . pp. 114 115 . retrieved july 24 2015 . vanhulle lindsay april 7 2012 . neogen ceo herbert builds on biotech dream . lansing state journal . retrieved july 24 2015 . batt 1999 p. 344 raugel 2012 pp. 419 427 batt 1999 p. 231 neogen corporation reuters.com . reuters.com . retrieved 2014 03 10 . neogen corporation marketwatch . marketwatch.com . retrieved 2014 03 10 . lansing s neogen buys iowa insecticide maker . cbs detroit . detroit michigan . january 2 2014 . retrieved august 27 2016 . literature cited edit batt carl a. september 28 1999 . encyclopedia of food microbiology . waltham massachusetts academic press . isbn 9780123847331 . retrieved july 27 2015 . kenney martin july 1 1988 . biotechnology the university industrial complex . yale university press . isbn 9780300042092 . retrieved july 24 2015 . raugel pierre jean december 6 2012 . rapid food analysis and hygiene monitoring kits instruments and systems . berlin germany springer science & business media . isbn 9783642583629 . retrieved july 27 2015 . retrieved from https en.wikipedia.org w index.php title neogen & oldid 736692092 categories companies established in 1981publicly traded companies of the united states navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last 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