GREY:BIXZF - Post by User
Post by
ashcakeon Aug 30, 2010 7:51am
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Post# 17394916
BU News Release...
BU News Release...Why bother halting the stock- this could have easily come out afteer hours. Tell me a definitive agreement has been reached witrh ADM and that they're going to produce it for you on a commercial scale and it's worthy of halting the stock. Great news but snooooooze.....
Burcon NutraScience receives Puratein, Supratein GRAS
2010-08-30 07:37 ET - News Release
Mr. Johann Tergesen reports
PURATEIN(R) AND SUPERTEIN(TM) GRAS NOTIFIED - U.S. FOOD & DRUG ADMINISTRATION ISSUES NO OBJECTION LETTER ON GRAS STATUS OF PURATEIN(R) AND SUPERTEIN(TM)
Burcon NutraScience Corp. has released an update. The U.S. Food and Drug Administration (FDA or the Agency) has issued a no objection letter with respect to Puratein(R) and Supertein(TM) canola protein isolates.
This response indicates the FDA has no objection to the conclusion that Puratein(R) and Supertein(TM) are Generally Recognized as Safe (GRAS) among qualified experts for use alone or together as an ingredient in dairy products, grain products, fruit and vegetable juices and beverages, salad dressings, meal replacements, and nutritional bars.
Based on the information provided, as well as other information available to the FDA, the Agency has no questions at this time regarding the conclusion that Puratein(R) and Supertein(TM) are GRAS under the intended conditions of use. As such, Puratein(R) and Supertein(TM) are now considered to be GRAS Notified.