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Lifecore Biomedical Inc - LFCR STOCK NEWS

Welcome to our dedicated page for Lifecore Biomedical news (Ticker: LFCR), a resource for investors and traders seeking the latest updates and insights on Lifecore Biomedical stock.

Overview

Lifecore Biomedical Inc. (LFCR) is a fully integrated contract development and manufacturing organization (CDMO) that specializes in the development, fill, and finish of sterile injectable pharmaceutical products across varied packaging types including syringes and vials. With a rich legacy of over four decades in the industry, Lifecore offers advanced manufacturing and fermentation capabilities, catering to biopharmaceutical and biotechnology companies with precision and compliance.

Core Business Areas

Lifecore operates primarily through two major segments: CDMO services and fermentation. In the CDMO segment, the company provides comprehensive solutions from process development through aseptic filling and final packaging, ensuring adherence to rigorous FDA regulations. The fermentation segment focuses on the production of high-quality, injectable-grade hyaluronic acid, leveraging sophisticated bioprocesses to meet market demands.

Technical Expertise and Capabilities

The company employs state-of-the-art manufacturing technologies and stringent aseptic processing protocols to guarantee product integrity. Its technical expertise is reflected in its ability to execute complex sterile processing, which includes:

  • Development: Tailoring custom formulations and manufacturing processes to meet specific client needs.
  • Fill and Finish: Utilizing advanced aseptic techniques to ensure the final sterile product maintains uncompromised quality.
  • Fermentation: Applying specialized bioprocessing methods for the production of premium, injectable-grade hyaluronic acid.

Industry Position and Operational Excellence

Operating within the competitive biopharmaceutical and biotechnology sectors, Lifecore plays an essential role as a trusted manufacturing partner. Its commitment to excellence is reinforced by decades of hands-on experience and a robust quality management system that aligns with the most stringent regulatory standards. This operational excellence not only secures client trust but also positions the company as a critical contributor to the production of essential therapeutic products.

Competitive Differentiation

Lifecore distinguishes itself through its integrated approach combining specialized CDMO services with advanced fermentation capabilities. This dual-focus business model enables the company to deliver customized, high-quality solutions that address the complexities of sterile injectable production. Its deep technical knowledge, commitment to regulatory compliance, and extensive industry experience contribute to a competitive advantage that is both sustainable and well-recognized in the marketplace.

Expertise and Compliance

At the heart of Lifecore's operations lies an unwavering commitment to quality and compliance. The company adheres to rigorous FDA regulations and leverages advanced quality control protocols across both its CDMO and fermentation processes. This meticulous approach to manufacturing not only safeguards patient safety but also reinforces Lifecore's reputation as a reliable partner for companies in need of specialized pharmaceutical production services.

Conclusion

In essence, Lifecore Biomedical Inc. is a cornerstone in the pharmaceutical manufacturing landscape, offering specialized CDMO services and advanced fermentation processes. Its ability to consistently deliver high-quality sterile injectable products and its comprehensive approach to manufacturing and regulatory compliance make it a valuable entity within the biopharmaceutical industry.

Rhea-AI Summary
Lifecore Biomedical, Inc. (NASDAQ: LFCR) provided a business update, indicating progress towards completing its Annual Report on Form 10-K for the fiscal year ended May 28, 2023. The Company is actively working on its development portfolio, with 32 projects in development and a pipeline across pre-clinical through late-phase of development. Lifecore is also evaluating potential strategic alternatives, with no set timetable for completion.
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Lifecore Biomedical, Inc. (NASDAQ: LFCR) announced that the U.S. Department of Justice has declined to prosecute the company for violations of the Foreign Corrupt Practices Act involving its former subsidiary, Yucatan Foods L.P. The company has agreed to pay disgorgement of $406,505 and continue cooperating with ongoing investigations and potential future prosecutions.
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Lifecore Biomedical, Inc. receives notice of non-compliance with Nasdaq listing rule
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SHL Medical enters co-marketing partnership with Lifecore Biomedical
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Lifecore Biomedical provides update on delayed filings.
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Lifecore Biomedical reports Q4 and FY 2023 results. Q4 revenues increased 12.2% YoY. Net loss from continuing operations in Q4 was $33.8 million. Lifecore segment adjusted EBITDA decreased to $6.1 million. FY 2023 revenues decreased 7.2% YoY. Lifecore segment adjusted EBITDA decreased to $14.7 million. Cash used in operations for FY 2023 was $34.5 million. Cash and cash equivalents as of May 28, 2023, were $19.1 million.
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Lifecore Biomedical, Inc. to host conference call on August 31 to discuss fiscal 2023 Q4 financial results.
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Lifecore Biomedical received a notice from Nasdaq for non-compliance with filing its Annual Report. No immediate effect on stock listing or trading. The company has 60 days to submit a plan to regain compliance. If accepted, they have up to 180 days to file the report.
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FAQ

What is the current stock price of Lifecore Biomedical (LFCR)?

The current stock price of Lifecore Biomedical (LFCR) is $5.29 as of April 4, 2025.

What is the market cap of Lifecore Biomedical (LFCR)?

The market cap of Lifecore Biomedical (LFCR) is approximately 262.9M.

What is Lifecore Biomedical Inc.'s primary business?

Lifecore Biomedical Inc. operates as a fully integrated CDMO, focusing on the development, fill, and finish of sterile injectable pharmaceutical products along with fermentation-based production of hyaluronic acid.

What are the main segments of the company's operations?

The company operates through two main segments: CDMO services for sterile injectable products and fermentation processes that produce injectable-grade hyaluronic acid.

How does Lifecore ensure product quality?

Lifecore implements advanced aseptic processing techniques and maintains rigorous quality control systems aligned with FDA regulations to ensure the safety and efficacy of its products.

Who are Lifecore's typical clients?

Lifecore serves global and emerging biopharmaceutical and biotechnology companies that require specialized contract development and manufacturing solutions for sterile injectables.

What distinguishes Lifecore in the competitive biopharma market?

Its integrated approach combining specialized CDMO services with sophisticated fermentation capabilities, along with decades of industry expertise and compliance with rigorous regulatory standards, sets Lifecore apart.

What kinds of products does Lifecore manufacture?

The company manufactures sterile injectable pharmaceutical products, including complex formulations in syringes and vials, as well as high-quality, injectable-grade hyaluronic acid.

How long has Lifecore been active in this industry?

Lifecore boasts over 40 years of experience, which is reflected in its extensive expertise in CDMO services and fermentation processes for sterile injectables.

What regulatory standards does Lifecore adhere to?

The company strictly follows FDA regulations and employs stringent quality assurance protocols to ensure its manufacturing processes meet high compliance and safety standards.
Lifecore Biomedical Inc

Nasdaq:LFCR

LFCR Rankings

LFCR Stock Data

262.88M
36.70M
4.52%
73.6%
6.45%
Drug Manufacturers - Specialty & Generic
Pharmaceutical Preparations
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United States
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