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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan
NEOG 6.285+5.0%2:06 PM EST

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To: Brian Johnson who wrote (119)12/16/1997 9:50:00 PM
From: Kurt C. Bender   of 441
 
Neogen Corp. Expects To Meet Or Top 2Q Net View Of 10c/Shr

LANSING, Mich. (Dow Jones)--Neogen Corp. (NEOG) expects to meet or exceed analyst earnings estimates of 10 cents a share in the second quarter.

For the second quarter ended Nov. 30, 1996, Neogen reported earnings of $412,740 or 8 cents a share on $3.7 million in revenues.

Neogen said it will release second quarter results Jan. 6 and

The company also said it released a new test for the seafood industry that can detect dangerous levels of histamine in fish in 30 minutes.

In a press release Tuesday, the company said the new test uses quick water extraction, does not require methanol extraction, can be read visually and is insensitive to salt content.

Neogen develops diagnostic and safety products for the food, agriculture and pharmacology markets.

"Dow Jones News Service"
"Copyright(c) 1997, Dow Jones & Company, Inc."
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