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Lifecore Biomedical

This article was originally published in The Gray Sheet

Executive Summary

Supplier of hyaluronic acid biomaterials for medical applications is acquired by diversified materials science firm Landec Corporation for $40 million up-front, plus assumed debt of $4 million and up to $10 million in future milestone payments. Lifecore Biomedical went private in a 2008 buyout deal with private equity firm Warburg Pincus; Lifecore's dental unit then merged with Warburg Pincus portfolio firm Keystone Dental (1"The Gray Sheet" Feb. 18, 2008)
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