Burcon’s Alliance Partner Acquires Key Protein Production Facility

The latest update is out from Burcon Nutrascience ( (TSE:BU) ).

Burcon NutraScience Corporation announced that its alliance partner, RE ProMan, LLC, has completed the acquisition of a protein production facility in Galesburg, Illinois. This acquisition allows Burcon to integrate its technologies into the facility, which is strategically located for efficient production and distribution. The facility’s acquisition marks a significant milestone for Burcon, providing the company with full operational control of a commercial facility for the first time. This development enables Burcon to deliver high-quality, sustainable plant-based protein solutions, meeting growing consumer demand and accelerating market adoption of its innovative protein ingredients.

More about Burcon Nutrascience

Burcon NutraScience Corporation is a global technology leader in the development of plant-based proteins for foods and beverages. The company offers proteins with superior functionality, taste, and nutrition, making them ideal for food formulators. With over two decades of experience, Burcon has developed an extensive patent portfolio covering plant-based proteins derived from sources like pea, canola, soy, hemp, and sunflower seeds. The company is committed to delivering sustainable protein solutions, positioning itself as a key player in the rapidly expanding plant-based market.

YTD Price Performance: 16.67%

Average Trading Volume: 37,980

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $15.89M

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