- Neogen Corporation (NASDAQ:NEOG) has launched Igenity BeefXDairy, a new and novel leading genomic test for beef-on-dairy calves.
- The Igenity BeefXDairy is primarily a DNA Test for beef-on-dairy cattle that gives access to the Igenity Terminal Index, which can market a calf’s growth potential to buyers.
- The DNA test provides producers insight into crucial traits such as carcass quality, average daily gain, etc.
- The test will also allow buyers to receive breed composition data (e.g., percentage beef vs. percentage dairy) to help them best manage those cattle for optimal health and maximum growth.
- With increased DNA testing, Neogen will provide improved quality, efficiency, and sustainability within beef production systems, the company said.
- “Neogen is excited to be the first to offer up a commercial genomic tool for this growth cattle market,” said Shelby Smith, Bovine Genomics Product Manager at Neogen.
- “This product offering is a massive step forward in helping to characterize beef-on-dairy animals and allowing dairy producers, cattle buyers, and, ultimately, consumers of beef products to benefit.”
- Also Read: Around $10M Bet On This Biotechnology Stock? Check Out These 3 Stocks Insiders Are Buying
- Price Action: NEOG shares are trading higher by 4.24% to $19.18 on the last check Tuesday.
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