Neogen Corp. (NEOG) announced that it has acquired the BioKits food safety business of Gen-Probe Inc. (GPRO). The acquisition includes more than 50 test kits for food allergens, meat and fish speciation, and plant genetics.
Gen-Probe elected to divest the food safety business of Tepnel as it did not fit into its long-term strategic plans.
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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.