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Lifecore Biomedical extends contract with Alcon through 2034, adding non-compete restrictions
LFCRLifecore Biomedical, Inc. de
On September 24, 2026, Lifecore Biomedical, Inc.'s subsidiary entered into Amendment No. 3 to its Contract Manufacturing Agreement with Alcon Research, LLC, effective November 1, 2026. The amendment extends the agreement's initial term from December 31, 2031, to December 31, 2034, with automatic 24-month renewals thereafter. It also establishes Alcon’s minimum purchase obligations and Lifecore’s supply commitments through 2034. Additionally, Lifecore agreed not to enter into new agreements developing or manufacturing products that directly compete with certain Alcon products starting November 1, 2026, while retaining rights under pre-existing contracts. This company operates in the medical device industry, specifically focusing on biomaterials and contract manufacturing for healthcare applications.