This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Neogen Launches Rapid Tests For Ractopamine

LANSING, Mich., March 21, 2013 /PRNewswire/ -- As international debate continues on the use of the feed additive ractopamine, Neogen Corporation (NASDAQ: NEOG) has launched easy 10 minute tests to detect ractopamine in animal and animal feed samples.

Ractopamine is a beta-agonist drug added to feed to promote lean muscle in animals raised for meat. While many countries allow the use of ractopamine within specified limits, including the United States, regulatory agencies in other countries have banned residues of the drug, including those in the European Union, Russia, and China.

" China recently followed Russia by imposing import restrictions on certain U.S. meat products, which require documentation that the products are free of ractopamine," said Ed Bradley, Neogen's vice president of Food Safety. "While top trade officials in the U.S. view the new restrictions as unnecessary trade barriers, markets in which ractopamine residues are banned are worth hundreds of millions of dollars annually to U.S. meat producers. Until these trade issues can be resolved, companies seeking access to these markets may have no choice but to comply with the new regulations." 

To ensure compliance with the new regulations, animal samples can be easily screened for the presence of ractopamine. In addition, feed manufacturers can use simple screening tests to verify the effectiveness of their cleanup procedures when switching production from ractopamine-medicated feed to feed intended to be ractopamine-free.  

Neogen's Ractopamine Lateral Flow Device (LFD) tests are intended to screen cattle and swine samples, and swine and turkey feed samples for the presence of ractopamine. The tests are one-step screening tests that easily detect the presence of ractopamine at set levels. The ractopamine screening test for swine screens at 2.5 parts per billion (ppb); the test for cattle screens at 1 ppb; and the test for swine and turkey feed screens at 0.5 or 4 parts per million.

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,856.78 -278.94 -1.54%
S&P 500 2,071.26 -29.78 -1.42%
NASDAQ 4,927.37 -55.4390 -1.11%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs