Neogen Corporation · NASDAQ:NEOG
Neogen — 43rd Annual J.P. Morgan Healthcare Conference (January 2025)
16 slides from Neogen's conference presentation, Jan 15, 2025
Slide 1: J.P. Morgan Healthcare Conference
J.P. Morgan Healthcare Conference January 15, 2025
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements This presentation includes “forward-looking statements” as that term is defined in Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Neogen’s curr
Slide 3: Our Purpose / Our Vision
Global food security is a lofty goal. Our Purpose But it’s one we’re uniquely positioned to We’re fueling a brighter future for global support. For over 40 years we’ve made it our food security. mission to help keep our food supply safe. To further human and animal well-being. Our Vision To champion
Slide 4: Global Leader in Food Security
Global Leader in Food Security Food Safety Animal Safety Helping to Protect the Food Supply Supporting Wellbeing • Food safety products that reach all segments of the • Develop solutions for animal protein, animal food, beverage and feed industries performance and companion animal segments • Solutio
Slide 5: Leading Portfolio of Consumables
Leading Portfolio of Consumables Indicator Testing and Bacterial and Allergens Culture Media General Sanitation and Natural Toxins Animal Safety Products Genomics Rapid Indicator Solutions Pathogen Detection Allergen Testing Veterinary Instruments, Production Animal Animal Care Culture Media Hygiene
Slide 6: Well-Positioned to Address Global Food Security Challenges
Well-Positioned to Address Global Food Security Challenges …with Attractive Long-Term …Addressed by a Comprehensive Serving Large and Growing Markets… Fundamentals… Offering of Global Solutions Est. Market Size Est. LT Growth Rate Significant Tailwinds Product Categories • Increasing prevalence of f
Slide 7: food safety /
food safety / The conditions and practices that preserve the quality of food to prevent contamination and food-borne illnesses © 2025 Neogen Corporation. All rights reserved. | 7
Slide 8: Causes of Foodborne Illness and Spoilage
Causes of Foodborne Illness and Spoilage Bacteria Toxins The best-known cause of foodborne illness – Chemicals produced by microorganisms that and the one that we deal with most often (e.g., can cause food poisoning, with certain toxins Salmonella and Listeria). Bacteria can also be also being carci
Slide 9: Why We Test: Primary Impacts
Why We Test: Primary Impacts Prevent illness and fatalities due to Consumer Safety consumption of contaminated food & beverage products Industry and Regulatory Customer specifications and standards Requirements Regulations – local and export Reduced spoilage losses Quality Food that looks, smells an
Slide 10: Neogen Solutions for Mitigating Food Safety Risk
Neogen Solutions for Mitigating Food Safety Risk Comprehensive portfolio and diagnostic insights designed to address risk and support compliance W H AT W E T E S T : T W O P R I M A R Y A P P L I C AT I O N S • The conditions and practices Verifies cleanliness of production environment to ensure eff
Slide 11: Where We Test: Comprehensive Plan
Where We Test: Comprehensive Plan Food safety testing spans across the value chain, with multiple methods of detection In-Process Finished Raw Materials Environment Samples Product • Ensures that incoming • Ensures that • Testing of machinery and • Last check to ensure raw materials meet manufacturi
Slide 12: Where We Test – Example: Holistic Monitoring and Testing in Poultry
Where We Test – Example: Holistic Monitoring and Testing in Poultry Poultry House: Indicator organism and pathogen detection to 1 enumerate contamination load. Pre-Chill: Indicator organism and pathogen detection on raw 2 carcasses to enumerate bacteria and set a baseline to show reduction in contam
Slide 13: How We Test – Example: Neogen Petrifilm Plates
How We Test – Example: Plastic film Neogen® Petrifilm® Plates Adhesive + Indicator Cold water-soluble gel Nutrients + cold water-soluble gel Adhesive Product illustration for Plastic coated paper demonstration printed with a grid purposes only. RAC Rapid RCC Rapid REC Rapid RYM Rapid Rapid Aerobic R
Slide 14: Driving Growth Across the Global Food Security Chain
Driving Growth Regulatory Focus Across the Global Food Genomic Security Chain Improvement Feed Production Leveraging Core Capabilities Agriculture & Farm Production • Foundational diagnostics capabilities and expertise ̶ Petrifilm ̶ Microbiology ̶ Immunoassays • Food safety end market, as well as at
Slide 15: Significant Integration Progress
Significant Integration Progress Manufacturing Transition Current Status New Petrifilm facility complete, initial Indicator Testing shipment of equipment received Post-Integration Relocation of equipment complete, Expectations Sample Collection expect normal production in Q3 FY25 MSD-HSD annual core
Slide 16: Investment Highlights
Investment Highlights • Clear leader in attractive Food Safety end market with long-term, secular tailwinds, including increasing regulatory interest • Portfolio of over 95% consumable products, cost of which is insignificant relative to potential costs resulting from inadequate testing • Opportunit
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