LNDC Stock Price, News & Analysis

Landec Corporation (Nasdaq: LNDC) is a pioneering force in the realm of diversified health and wellness solutions, operating primarily through its two main subsidiaries: Curation Foods, Inc. and Lifecore Biomedical, Inc.

Curation Foods focuses on delivering plant-based foods made from 100% clean ingredients. Their product lines include the Eat Smart® brand of fresh packaged vegetables and salads, O Olive Oil & Vinegar® premium artisan products, and Yucatan® and Cabo Fresh® avocado products. Curation Foods ensures the utmost freshness of its offerings through a robust family of geographically dispersed growers, a refrigerated supply chain, and its patented BreatheWay® packaging technology. These products are distributed across retail, club, and foodservice channels throughout North America.

Lifecore Biomedical, on the other hand, is a fully integrated Contract Development and Manufacturing Organization (CDMO) specializing in the development, fill, and finish of sterile injectable pharmaceutical products in syringes and vials. Lifecore is renowned for its production of premium, injectable-grade Hyaluronic Acid and has over 35 years of experience serving global and emerging biopharmaceutical and biotechnology companies. The company's capabilities span multiple therapeutic categories, making it a trusted partner in bringing innovative drugs to market.

Recently, Lifecore Biomedical has entered into a non-exclusive co-marketing partnership agreement with SHL Medical, a world-leading solutions provider of advanced drug delivery systems such as autoinjectors. This partnership aims to leverage SHL's expertise in drug delivery device solutions and Lifecore's proficiency in aseptic pharmaceutical manufacturing to offer a comprehensive support system for the development and commercialization of autoinjector products.

This collaboration will enable both companies to provide their customers with unparalleled guidance in CDMO services and innovative options for drug delivery device development. The partnership is expected to enhance Lifecore's service offerings, enabling customers to deliver the benefits and convenience of cutting-edge drug delivery systems to patients worldwide.

Landec Corporation continues to adapt and evolve with industry trends, maintaining a strong financial position and strategic partnerships that bolster its market presence and operational capabilities.