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Lifecore Biomedical

Lifecore Biomedical is an integrated contract development and manufacturing organisation (CDMO) specialising in the development and aseptic filling of complex sterile injectable drug products, and one of the leading United States manufacturers of pharmaceutical-grade sodium hyaluronate. Operating from a campus in Chaska, Minnesota, the company supplies hyaluronic acid and fill/finish capacity to biopharmaceutical and medical device customers, with particular strength in ophthalmic and orthopaedic applications. Founded in 1965, Lifecore was acquired by Landec Corporation in 2010 and later became the operating identity of the combined company. On September 28, 2026, Lifecore announced a definitive agreement to be acquired by Webster Equity Partners for $6.28 per share in cash plus one non-tradable contingent value right per share, a transaction valued at up to $663.7 million assuming full achievement of performance milestones.

Company Info

Sector:Contract Development and Manufacturing (CDMO) / Pharmaceutical-Grade Hyaluronan
Headquarters:Chaska, Minnesota, USA
Founded:1965

Upcoming Milestones & Key Dates

Late October 2026
Corporate / M&A

30-day go-shop period under the Webster Equity Partners merger agreement expires

End of 2026
Corporate / M&A

Expected closing of the take-private acquisition by Webster Equity Partners ($6.28 per share in cash plus contingent value rights)

Clinical Development Pipeline

Pharmaceutical-grade sodium hyaluronate (NaHy)

Target: Hyaluronan fermentation and purification platform
Hyaluronic acid raw material and finished sterile injectable supply for ophthalmic, orthopaedic and drug-delivery customers
Preclinical
Phase 1
Phase 2
Phase 3
Approved

Aseptic fill/finish and process development services

Target: Isolator-based aseptic filling and analytical services
Clinical and commercial sterile injectables, biologics, medical devices and combination products for third-party biopharma clients
Preclinical
Phase 1
Phase 2
Phase 3
Approved

Recent News

No recent news updates available for this company.

Leadership Team

Paul Josephs

President, Chief Executive Officer and Director

Ryan D. Lake

Chief Financial Officer

Careers & Job Openings

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Multiple Departments
Chaska, MN
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