Neogen develops and manufactures diagnostic products for food and animal safety. The company's core business is food safety diagnostics, including test kits and culture media used to detect pathogens, toxins, and allergens. Its flagship product, Petrifilm, is a market-leading system for microbial detection. Neogen also provides the Molecular Detection System for rapid pathogen testing and a software platform for data tracking. In its Animal Safety segment, the company sells veterinary instruments, pharmaceuticals, rodent control products, and life sciences reagents. Neogen operates a consumables-based business model where customers regularly repurchase single-use kits and reagents, creating a recurring revenue stream tied to food production volumes and regulatory testing requirements. The company is currently executing a strategic shift to focus on core safety offerings, recently divesting its Cleaners and Disinfectants business and reaching an agreement to sell its Genomics business to Zoetis. Neogen is also managing an operational transformation following its acquisition of 3M’s Food Safety Division, with a focus on moving Petrifilm manufacturing in-house to improve margins and production control. Neogen reaches a global customer base of food processors, agricultural operations, and regulatory agencies through a direct sales force and a broad distributor network.