LIFECORE BIOMEDICAL, INC. \DE\

Lifecore Biomedical is a contract development and manufacturing organization that provides two core services: aseptic formulation, filling and development of complex sterile injectable pharmaceutical products in syringes, vials and cartridges for drug and device manufacturers; and production and sale of pharmaceutical-grade hyaluronic acid derived from proprietary fermentation processes, sold both as bulk material and in finished injectable products. The company serves pharmaceutical and medical device companies requiring regulatory support and manufacturing capabilities, as well as end-users of hyaluronic acid products across a range of medical applications. Revenue is derived from customer fees for development and manufacturing services, which are recognized either over time as work progresses or upon product release and shipment, and from the sale of hyaluronic acid products.