Neogen Corporation (NEOG) is facing challenges from global macroeconomic issues impacting its international business. Despite some growth in specific product lines, the company is navigating a tough competitive landscape and rising costs. While Neogen is making progress in key markets, its stock carries a Zacks Rank #4 (Sell). This article analyzes the factors affecting Neogen’s performance and explores alternative investment options in the medical space.
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Microbot Medical has secured ISO 13485:2016 certification, signifying its commitment to quality in developing the LIBERTY Endovascular Robotic Surgical System. This certification positions the company for future growth and commercialization in key markets, including the European Union and the United States.