What is Neogen?
Neogen Corporation, headquartered in Lansing, Michigan, is a global leader in developing, manufacturing, and marketing products for food and animal safety. The company operates across two primary segments: Food Safety and Animal Safety. The Food Safety division offers diagnostic test kits and complementary products designed to detect a wide array of contaminants and allergens in human food and animal feed, including pathogens, toxins, and residues. The Animal Safety segment provides a comprehensive suite of products such as veterinary instruments, pharmaceuticals, vaccines, disinfectants, and genomics testing services, catering to researchers and animal health professionals. Neogen's commitment to safety and quality extends across the entire food supply chain and animal health industry.
How much funding has Neogen raised?
Neogen has raised a total of $1B across 1 funding round:
Debt
$1B
Debt (2021): $1B with participation from JPMorgan Chase and Goldman Sachs
Key Investors in Neogen
JPMorgan Chase
JPMorgan Chase is a leading global financial services firm providing investment banking, commercial banking, asset management, and financial transaction processing. Their involvement suggests a strong belief in Neogen's financial stability and growth potential.
Goldman Sachs
Goldman Sachs is a premier global investment banking and securities firm, offering a wide range of financial services including advisory, underwriting, and asset management. Their participation highlights Neogen's strategic importance and access to significant capital markets.
What's next for Neogen?
The recent major strategic investment signifies a pivotal moment for Neogen, likely enabling accelerated expansion of its product lines, further research and development into advanced diagnostic technologies, and potential market penetration into new geographical regions. This capital infusion is expected to bolster Neogen's capabilities in addressing evolving global challenges in foodborne illness prevention and animal health management, positioning the company for sustained growth and innovation in its critical markets.
See full Neogen company page
