Pomerantz LLP is investigating Neogen Corporation after the FDA issued a warning about its veterinary wound care product, Neogen Vet HYCOAT, linked to at least 20 horse deaths due to contamination. The FDA called this the largest number of horse deaths tied to an FDA-regulated veterinary product defect. Neogen voluntarily recalled the product in January 2026, and its stock dropped 7.22% following the news. The investigation may lead to claims of securities fraud or other unlawful practices by Neogen and its executives.
The story concerns Neogen Corporation and its recent FDA-related issues. For readers following the health sector, here is Pluang's market snapshot as of Oct 28, 2026 05:02 WIB: of 150 priced health-sector US stocks, 90 rose and 60 fell. Notable movers include NUWE at USD 5.14 with a 67.97% increase and 100% sell order activity, CTXR at USD 0.51 up 13.82% with balanced buy/sell orders, and DNA at USD 11.17 rising 11.48% with 57% buy orders.
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