This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Neogen Responding To Horse Meat In Beef Concerns

LANSING, Mich., March 12, 2013 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) has seen a spike in sales of its rapid meat speciation test kits as beef processors scramble to respond to the unscrupulous use of horse meat, and other species of meat, in the economic adulteration of beef products.

Neogen offers easy and accurate meat speciation testing options that can be performed on-site, including F.A.S.T. Species Identification Kits. The F.A.S.T. kits are simple screening tests that detect the existence of a different species in uncooked meats and meat products as low as 1%. Kits are available for the detection of horse, cow, pig, poultry and sheep.

"Unfortunately, a few unscrupulous people have required the entire meat industry to be concerned about the integrity of their products," said Ed Bradley, Neogen's vice president of Food Safety. "Preventing the adulteration of meat products with non-desirable or cheaper animal meat is important for economic, regulatory, health and ethical reasons, especially where particular species of meat are prohibited by cultural or religious beliefs.

"In addition," Bradley continued, "Species identification helps ensure animals treated with veterinary drugs not intended for use in animals intended for human consumption don't make their way into the consumer food chain. For example, the anti-inflammatory drug phenylbutazone is often used in horses, but is banned in food animals because it can cause severe health problems in humans."

Neogen's F.A.S.T. (Food Analyte Screening Test) tests are immunostick assays that can provide clear visual results in about 30 minutes. The company also offers BioKits for Species Identification microwell tests, which provide sensitive, specific qualitative detection for a range of raw and cooked animal species; and DNA-based species identification tests, which use a proprietary magnetic bead technology that provides significant advantages over other methods of DNA extraction.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs