Neogen purchases genetic testing company, GVS
by Katie Pfaff
Food and animal safety company, Neogen Corporation, has acquired Genetic Veterinary Sciences, Inc., a genetic testing firm for companion animals. The acquisition agreement will expand Neogen’s offerings in genomic testing. Transaction details were not shared.
"We are happy to have Genetic Veterinary Sciences (GVS) join the Neogen team," said Marylinn Munson, vice president of Genomics in Neogen. "With the growth in pet parenting globally over the past 5 years, and particularly as a result of the COVID-19 pandemic, this acquisition will further expand the opportunities for our global genomics business.”
“It is important for Neogen to continue expanding our portfolio of genomic tests and diversify our offerings in agriculture and food production to include enhanced testing for companion animals,” said Munson. “The Neogen and GVS teams will be able to combine our experiences and expertise to work synergistically, as we help meet the demands of the growing market."
Genetic Veterinary Sciences is part pf Paw Print Genetics and provides genetic data on birds, cats, and dogs for use by breeders, pet owners, and veterinarians.
"Joining Neogen is a wonderful opportunity for Paw Print Genetics and our related brands," said Lisa Shaffer, founder and chief executive officer of GVS. " The focus on quality and accuracy, which has been a hallmark of GVS, coupled with the global reach and expertise from Neogen, will continue to grow the companion animal market and deliver solutions focused on the health and wellbeing of pets and the human-animal bond."
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