NEW YORK (GenomeWeb) – Food and animal safety firm Neogen announced today that it has acquired Brazilian animal genomics lab Deoxi Biotecnologia.
Specific terms of the acquisition were not disclosed.
According to Neogen, the transaction is expected to accelerate adoption of its GeneSeek livestock genomic testing solutions in Brazil, which has an estimated 200 million cattle.
"Deoxi has excellent facilities and an excellent reputation with its customers [including] research institutions, universities, and animal breeding companies," Neogen Chairman and CEO James Herbert said in a statement. "Deoxi's management and staff will remain with the company and will continue their work to help Neogen grow the Brazilian genomics business."
Herbert added that samples from Neogen's Brazilian customers will now be proceeded at Deoxi's lab in that country, rather than being sent to Neogen's lab in Nebraska.