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Burcon NutraScience Corp T.BU

Alternate Symbol(s):  BRCNF

Burcon NutraScience Corporation is a Canada-based technology company. The Company is engaged in the development of plant-based proteins for foods and beverages. The Company has a patent portfolio covering its specialty plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is involved in the production, sales, marketing and distribution of pulse protein ingredients, including Peazazz and Peazac pea proteins and its canola proteins, Supertein, Puratein and Nutratein (collectively, the Products). The Company's subsidiary is Burcon NutraScience (MB) Corp., which is engaged in the research and development.


TSX:BU - Post by User

Comment by imartinon May 28, 2021 1:39pm
112 Views
Post# 33287098

RE:RE:RE:RE:more money for merit/bu

RE:RE:RE:RE:more money for merit/bu I think the Nestle coooperation (it's not a JV, just a "joint development agreement") has to be looked at from a different angel:

When it was announced, in January 2020 (https://burcon.ca/2020/01/burcon,-merit-and-nestle-announce-collaborative-partnership-for-plant-based-proteins/), Merit had only started planning/building its factory. So at that time, it was not much more than PR, which made Burcon look good (because big client) and which made Nestle look good (because investing in a plant-based future).

We never learned the scope of the partnership (well, at least I am not aware. Happy to correct myself if someone has additional insights). Today, it might simple be one of many food companies that is working with Merit to bring plant-based products to the market.

So I wouldn't put so much weight on the Nestle partnership and their alleged failure to bring anything meaningful to the table. We don't know that at all.
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