Neogen Announces Sale of Genomics Business to Zoetis

LANSING, Mich., March 02, 2026--Neogen Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today it has entered into a definitive agreement to sell its global genomics business to Zoetis Inc. ("Zoetis"), the world’s leading animal health company, for $160 million, subject to customary closing adjustments. The planned divestiture, which had been previously announced, was part of the company’s portfolio review strategy to simplify the business and focus on core str

Mar 2, 2026 - 14:00
 0  10
Neogen Announces Sale of Genomics Business to Zoetis
LANSING, Mich., March 02, 2026--Neogen Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today it has entered into a definitive agreement to sell its global genomics business to Zoetis Inc. ("Zoetis"), the world’s leading animal health company, for $160 million, subject to customary closing adjustments. The planned divestiture, which had been previously announced, was part of the company’s portfolio review strategy to simplify the business and focus on core str

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow