Landec Corporation (NASDAQ: LNDC) is a materials science company that leverages its proprietary polymer technologies, application development and innovation capabilities to develop and commercialize new products in biomedical, agricultural and industrial markets. Landec has two proprietary polymer technology platforms: Intelimer Polymers® and Sodium Hyaluronate (“NaHy”). Landec works closely with partners to develop polymer-based products to meet specific market needs. Landec’s polymer technologies and partner relationships are the foundation upon which Landec has built its business.
Landec has commercialized a long list of products for applications as diverse as food technology packaging, crop treatments, seed coatings, personal care products, medical devices and specialty adhesives. Within Landec’s Licensing Business, the corporate innovation group partners closely with market-leading companies to develop polymer-based products for commercialization. These products deliver a strong value proposition, a competitive advantage and growth for our partners and Landec alike. The corporate innovation group is continually investing in research programs and connecting with new partners to explore opportunities where Landec’s unique capabilities and proprietary technologies can deliver differentiated value within new markets.
Landec Commercial Applications & Research Interests
BIOMEDICAL
- Medical Devices & Biomaterials
- Personal Care
- Drug Delivery
AGRICULTURAL
- Food Packaging
- Seed Coatings
- Crop Treatments
INDUSTRIAL
- Functional Coatings
- Latent Thermal Catalysts
- Specialty Adhesives
Landec also commercializes its proprietary polymers through its subsidiaries: Apio, Inc., headquartered in Guadalupe, California and Lifecore Biomedical, located in Chaska Minnesota. Apio has become the leader in US fresh-cut specialty packaged vegetables by combining Landec’s proprietary food packaging technology, the strength of two major national brands with the capabilities of a large national food supplier, processor and distributor. Apio continues to invest to grow its core food business, making a 20% equity investment in Windset Farms a leader in hydroponic farming in 2011, and purchasing GreenLine Foods Inc. in April of 2012. Lifecore Biomedical, acquired in 2010, operates Landec’s hyaluronan-based biomaterials business and is principally involved in the development and manufacture of medical products using NaHy that are sold into the ophthalmic, orthopedic and veterinary markets.
