Lifecore Biomedical (LCBM) Message Board

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Biotech / Medical : Lifecore Biomedical (LCBM)

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To: Mike who wrote ()	1/8/1999 9:04:00 AM
From: Mike	Read Replies (1) of 43

Just some quick info for individuals that would like to complete some due diligence on Lifecore Biomedical. First off the company is located in Chaska,MN. The phone number of the company is 1-800-752-2663. You can request that investor relations send you the past 4-5 years worth of annual reports,10K and last one year press releases. I found this information very helpful and you may want to consider doing the same. The company also has a website Lifecore.com that is very good and informative. This company has a base business that is growing at 25-30% and profitable. The company is currently in the slight lead to get an anti-adhesion gel on the market for abdominal and pelvic surgery. You can go to the companies web site to find out about adhesions and how this is an unmet medical problem. The gel that they are developing is called Intergel. The gel product will be sold by Lifecore's partner which is Johnson and Johnson Ethicon division. J&J has an exclusive distribution agreement for the sale of this Intergel which will sell for approx $150/application. Lifecore is completing it's final modual of the PMA application for the Intergel and it should be submitted by Feb. The panel meeting will not take place until the April-Aug timeframe with potential approval for sale not coming until Dec 1999-March 2000. One other item that will be pushing the stock up or down is the product the company is working on with Bausch and Lomb. This product could be coming online this year and could have a bottom line impact on the company. Good luck on the investigation of this company and take a good hard look. So far based on the info that I have it looks very good going forward. Best to all (kinda funny saying that when I am the only poster), Mike Donahue

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