NSRGY - Burcon NutraScience: Achieved Several Key Milestones In 1H 2021 Significant Opportunity Ahead
- Burcon disclosed on the quarterly call multiple partnering discussions are underway and the potential for a new collaboration to be announced in the coming months. Any new venture beyond Merit JV will be a major catalyst.
- In addition to attracting Nestlé & Bunge, Burcon’s best-in-class plant-protein technology has led to Merit executing NDAs with ~240 companies including several of the largest food & beverage companies globally.
- Burcon’s Merit JV plant has commenced commercial sales of purest pea-based protein & the world’s first protein from canola. Plant achieving remarkable protein levels near 100% purity.
- The proprietary platform produces essential trifecta with its high-purity plant-based proteins: superior functionality, taste, and nutrition, in a market that is projected to grow seven-fold to ~$290 billion by 2035.
- A strong potential beneficiary of rising ESG-driven investment trend via new NASDAQ listing as awareness of this pure-play on plant-based protein megatrend increases.
For further details see:
Burcon NutraScience: Achieved Several Key Milestones In 1H 2021, Significant Opportunity Ahead