Lifecore Biomedical Avoids U.S. Prosecution Over Alleged Mexico Bribes

Lifecore Biomedical, a pharmaceutical and medical device manufacturer, won’t face a U.S. bribery prosecution after coming forward to report a former subsidiary’s alleged illegal payments in Mexico.

The U.S. Justice Department formally declined to charge Lifecore over bribes that a then newly acquired subsidiary allegedly paid to Mexican government officials, according to a so-called declination letter the Justice Department released Friday.