Neogen Corp. (NEOG) announced the formation of a new subsidiary in Brazil, Neogen do Brasil. The new company, headquartered near Sao Paulo, will distribute Neogen's food safety products throughout Brazil.
Neogen do Brasil was created to accelerate the success of Neogen products in Brazil. Based on recent sales performance, Neogen's new company will start business with an annual revenue base of approximately US$1 million. Josue Furtado Fihlo will manage the new company, and Flavio Mello will serve as the company's sales manager.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.