Neogen buys product line from DuPont Animal Health
By
Associated Press
July 1, 2008
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Neogen Corp., which makes test kits for food and animal safety, said Tuesday it bought a product line from DuPont Animal Health Solutions for an undisclosed amount.
The products are used for animal health and hygiene applications and include 14 different product formulations.
Neogen expects revenue from the acquired products to exceed $7 million in its first fiscal year, which began June 1.
Shares of Neogen rose 21 cents to $23.10 in afternoon trading.