USDA Food Safety Policy and Testing Increase
The USDA, Food Safety and Inspection Service (FSIS) announced a food safety policy plan, including a 200% increase in Listeria testing using the Neogen Molecular Detection System (MDS). The plan emphasizes enhanced microbiological testing and oversight.
Launch of Listeria Right Now
Neogen announced the launch of Listeria Right Now for use on its MDS platform, highlighting the company's focus on pathogen detection and prevention.
Divestiture of Cleaners and Disinfectants Business
Neogen completed the divestiture of its cleaners and disinfectants business, resulting in approximately $115 million in net proceeds to reduce debt.
Remediation of Sarbanes-Oxley Material Weaknesses
Neogen successfully remediated two Sarbanes-Oxley material weaknesses, reflecting improvements in internal controls.