Neogen Corporation has unveiled its latest professional pest management solution, SureKill Evolve SC. This new addition to the SureKill line of products is designed to meet the specific needs of pest management professionals, offering a wide range of insecticides, rodenticides, cleaners, and disinfectants.
Introducing SureKill Evolve SC
SureKill Evolve SC is a suspension concentrate insecticide that provides effective knockdown and long-lasting control of various pests, including ants, bedbugs, cockroaches, fleas, flies, silverfish, and spiders. This solution is crucial for protecting food and food supply systems from potential pest threats, contributing to the overall welfare of humans and animals.
Key Features and Benefits
SureKill Evolve SC is approved for outdoor use and offers up to 90 days of residual control for listed pests in residential and commercial structures. It contains deltamethrin, a trusted active ingredient in the industry. This versatile pest control solution can be applied in various settings, including residential buildings, kitchens, schools, factories, warehouses, hospitals, food processing facilities, and transportation vehicles.
Market Outlook
According to a report by Allied Market Research, the global pest control market was valued at $24.6 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.7% until 2032.
Recent Developments in the Animal Safety Segment
In addition to SureKill Evolve SC, Neogen has recently introduced other innovative products in the animal safety segment. This includes Igenity Enhanced Dairy, a genomic data management tool that provides comprehensive evaluations of dairy cattle. Neogen has also expanded its genetic testing capabilities through Paw Print Genetics and Canine HealthCheck solutions, offering insights into a canine’s genetic composition.
Price Performance and Key Picks
Over the past six months, Neogen has outperformed its industry, with its stock price increasing by 26.4% compared to a decline of 3% in the industry. Neogen currently holds a Zacks Rank of #2 (Buy).
Other top-ranked stocks in the medical sector include HealthEquity (HQY), Quanterix (QTRX), and SiBone (SIBN), all of which also hold a Zacks Rank of #2.
Conclusion
With the launch of SureKill Evolve SC, Neogen strengthens its position in the professional pest management industry. This latest addition to the SureKill line of products offers effective and long-lasting pest control solutions for a wide range of pests, making it an essential tool for pest management professionals.
This article was originally published on Zacks.com and does not necessarily reflect the views and opinions of Nasdaq, Inc.
