How tainted food can make you money - (TheStreet.com)
January 30, 2008 – 6:58 pmA dependable food supply is increasingly important to manufacturers, distributors, retailers and consumers.
This means the food-safety market should benefit in the near future.
In the past six months, there have been 10 highly publicized food recalls involving harmful pathogens like E. coli, Listeria and Salmonella. In addition, there have been 104 recalls in the last year involving food allergens. Inadvertent contaminations of milk and eggs were main culprits.
Recent incidents of contaminated products made overseas have resulted in major recalls of food, produce and other products — including the largest pet-food recall in history.
With these heightened consumer concerns, food-safety companies are competing for extensive global opportunities. Many of these companies are ranked high within TheStreet.com Ratings’ proprietary quantitative model, including Neogen Corp. (NEOG - Cramer’s Take - Stockpickr), Strategic Diagnostics (SDIX - Cramer’s Take - Stockpickr), Meridian Bioscience (VIVO - Cramer’s Take - Stockpickr), Applied Biosystems (ABI - Cramer’s Take - Stockpickr), […]
MORE:
http://www.extension.iastate.edu/foodsafety/news/fsnews.cfm?newsid=23814
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