Neogen shares fall 4.85% after FDA links HYCOAT contamination to horse deaths
AI Summary- FDA issued Neogen CEO Mike Nassif a warning over contamination in Neogen Vet’s HYCOAT product.
- More than 95 horse cases were evaluated after severe adverse events across multiple states.
- Neogen Vet must respond within 15 working days after recalling three HYCOAT lots on Jan. 28.