Business
Burcon Taps into New Revenue Stream with Contract Research Services
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - Burcon NutraScience Corporation&#...
About this update from Burcon Nutrascience Corporation
[{"type":"text","content":"Burcon Taps into New Revenue Stream with Contract Research ServicesVancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BRCNF) (\"Burcon\" or the \"Company\"), a global technology leader in the development of plant-based proteins for foods and beverages, is pleased to announce the successful completion of its first contract research project for an industry peer. The Company has a strong project funnel for future work and is in discussions to initiate additional research projects, introducing a new revenue stream for the Company. \"As part of our strategic imperative to connect with customers and end markets, we are pleased to offer our technical services in support of our fellow industry peers,\" said Kip Underwood, Burcon's chief executive officer. \"The plant protein market is growing and vibrant, filled with opportunities to innovate. Our contract services are highly complementary to Burcon's core protein business and contribute to the overall plant-based food revolution.\"Through contract research services, Burcon is leveraging its protein expertise to serve partners and customers. Unique to North America, Burcon's Winnipeg Technical Centre features state-of-the-art commercial processing equipment that enables end-to-end food process development, validation and scale-up.\"Burcon has the technical expertise and know-how to help our peers validate and streamline their processes,\" said Randy Willardsen, Burcon's senior vice-president of process. \"Our world-class team of food scientists and engineers is ready and eager to collaborate on more projects.\"For more information or to inquire about Burcon's services, please visit our webpage Burcon Services.About Burcon NutraScience CorporationBurcon is a global technology leader in the development of plant-based proteins for foods and beverages. Our proteins exhibit superior functionality, taste and nutrition, making them ideal ingredients for food formulators. With over two decades of experience, Burcon has amassed an extensive patent portfolio covering its novel plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. Burcon is committed to delivering next-generation, best-in-class protein solutions, positioning itself as a key player in the rapidly expanding plant-ba...