HIGHOutside partySupplier
sole or single source raw materials and products
“10-K Item 1A: 'we currently purchase some raw materials and products from sole or single sources'”
NEOG · Concentration risk · 10-K extracted
Neogen (NEOG) concentration risks
Updated
The most significant concentration Neogen discloses is sole or single source raw materials and products, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
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Source: Neogen’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
3M plants manufacturing Petrifilm
“10-K Item 1: 'Petrifilm product line are currently manufactured within 3M plants in the U.S. and Poland'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-18Neogen's disclosed concentrations are both on the supply side and carry no stated percentages. The company purchases some raw materials and products from sole or single sources, a high-share dependency. Separately, the Petrifilm product line is currently manufactured within 3M plants in the U.S. and Poland, a medium-share dependency tied to a named counterparty. The two exposures are distinct but compound: the sole-source inputs create a general interruption risk, while the 3M arrangement concentrates one product line on a single outside manufacturer and its two sites. Both are dependencies in character, so they are counterparty-specific and idiosyncratic rather than structural features of the business. Because the sources give no percentages, the size bands reflect disclosure language rather than quantified revenue at risk, and the financial impact of a disruption cannot be read from them. The sources identify no customer or geographic concentration that would add to or offset these. On balance, supplier continuity is the item most likely to move the verdict.
For the engine’s reasoning on NEOG’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Medical Devices
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AORT | Artivion, Inc. | 4 | 4 | 0 | 8 |
| ATEC | Alphatec Holdings, Inc. | 1 | 1 | 0 | 2 |
| NEOG● | Neogen Corporation | 1 | 1 | 0 | 2 |
| ABT | Abbott Laboratories | 1 | 0 | 0 | 1 |
| AVR | Anteris Technologies Global Cor | 1 | 0 | 0 | 1 |
| AHCO | AdaptHealth Corp. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.