Safety company named to Forbes “best” list

Forbes Magazine has named Neogen Corp. (Nasdaq: NEOG) to its annual list of the 200 Best Small Companies in America for the 8th time in the last 10 years. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. To qualify for the list, companies must have annual revenue between $5 million and $750 million, be publicly traded for at least a year, and have a stock price no lower than $5.

In September, Neogen announced that revenues for the first quarter of FY 2010, which ended Aug. 31, marked the 66th consecutive profitable quarter from operations for the company. The company develops and markets products dedicated to food and animal safety, including diagnostic test kits to detect plant diseases, food-borne bacteria, natural toxins, genetic modifications and food allergens.