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Blue Chip Growth

Stock Report: Landec Corporation (LNDC) Report Updated: Sep 26, 2016 | Print This Page

Get more stock ratings by Louis Navellier

Landec Corporation (LNDC)

Rating: Hold Volatility: Conservative
Total Grade: C Industry: Food Products
Competitors: GLDC,TSN,BETR,CVGW
service keys

Landec Corporation© quotemedia

Company Profile

Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and markets differentiated products in food and biomedical materials markets. It operates through three segments: Food Products Technology, Food Export, and Hyaluronan (HA)-Based Biomaterials. The Food Products Technology segment markets and packs specialty packaged whole and fresh-cut fruits, and vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food services industry under the EatSmart and GreenLine brand names, as well as sells BreatheWay packaging to partners for non-vegetable products. The Food Export segment purchases and sells whole commodity fruit and vegetable products primarily to Asian markets and in the United States. The HA-Based Biomaterials segment sells products utilizing HA, a naturally occurring polysaccharide that is distributed in the extracellar matrix of connective tissues in animals and humans for medical use primarily in the ophthalmic, orthopedic, and veterinary markets, as well as supplies sodium hyaluronate to customers pursuing other medical applications, including aesthetic surgery, medical device coatings, tissue engineering, and pharmaceuticals. This segment also operates as a contract development and manufacturing organization, which specializes in aseptic filling services. The company also licenses Intellicoat seed coatings to the farming industry; and Intelimer polymers for personal care products and other industrial products. Landec Corporation sells its products in the United States, Canada, Taiwan, Indonesia, China, Japan, Belgium, and other countries. The company was founded in 1986 and is headquartered in Menlo Park, California.