Neogen buys product line from DuPont Animal Health

Recs

0

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.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 676766, ~/Articles/ArticleHandler.aspx, 12/2/2009 8:31:27 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Fool Search: Be GM's Next CEO!

By The Motley Fool

Fool Search: Be GM's Next CEO!

Related Tickers

12/2/2009 4:00 PM
NEOG $32.51 Down -0.15 -0.46%
Neogen Corp CAPS Rating: ****

Community: Investing Wiki

Term Of The Hour

Nano cap: A nano cap is a company with relatively tiny market capitalization, generally below $50 million.

Want to learn more or edit this definition?
Click here to read more!