Pall Corporation’s (PLL) GeneDisc Rapid Microbiology system was recently certified by the AOAC Research Institute, a leading standards organization of the world, for use in detection of non-O157 STEC in meat. This is the first product to receive AOAC’s multiparametric validation for uncovering four serogroups of commonly seen non-O157 Shiga toxin-producing E. coli (STEC) in ground beef and beef trim.

The validation complements the direction received by the Food & Drug Administration to develop new enhanced means of scientific systems, ensuring health safety of the consumer. With this recognition, Pall’s system can be used for preventing foodborne illness as it helps to efficiently detect the presence of pathogenic E. coli contamination in food items, thus ensuring the safety of the food products in meat industry.

About 70,000 Americans are affected every year by E. coli infection, according to the Center for Disease Control and Prevention (CDC) estimates. According to a recent study, about $3.4 billion is spent on food safety testing every year.

With well laid off growth plans and increasing demand for its technologies, Pall Corporation is well positioned to derive significant benefits as the economic conditions continues to strengthen. The company enjoys above-average financial returns and reasonable growth prospects as it leverages its highly engineered technology..

However, changes in product mix and product pricing may impact the company’s operating results, particularly with the expansion of the systems business. The company experiences significantly longer sales cycles in systems business with less predictable revenue and no certainty of future revenue streams from related consumable product offerings and services.

Pall Corporation, based in New York, was incorporated in July 1946. Along with its subsidiaries, Pall Corporation is a leading supplier of filtration, separation and purification technologies, and uses its engineering capability and fluid management expertise.

We currently maintain our Outperform rating on Pall Corporation for the long term, with a Zacks #1 Rank (short-term Strong Buy recommendation) over the next one-to-three months.

 
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