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Burcon Launches Puratein Canola Protein for Egg Replacement Applications

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Burcon NutraScience (TSX: BU) (OTCQB: BRCNF) has launched its Puratein® canola protein for the egg replacement market. This product offers food manufacturers a sustainable and cost-effective alternative to eggs, particularly for use in baked goods. The launch comes amid surging egg prices due to supply challenges and avian influenza outbreaks.

Burcon's canola protein isolate, with over 90% protein purity, has demonstrated the ability to replace up to 100% of powdered and shelled eggs, delivering cost-in-use savings of 20-30%. The product not only provides superior functionality and price stability but also offers a vegan-friendly option for consumers. This development opens up new possibilities for creating superior, more sustainable plant-based alternatives in the food industry.

Burcon NutraScience (TSX: BU) (OTCQB: BRCNF) ha lanciato la sua proteina di canola Puratein® per il mercato dei sostituti delle uova. Questo prodotto offre ai produttori alimentari un alternativa sostenibile e conveniente alle uova, in particolare per l'utilizzo in prodotti da forno. Il lancio arriva in un contesto di prezzi delle uova in aumento a causa di difficoltà di approvvigionamento e focolai di influenza aviaria.

Isolato di proteina di canola di Burcon, con oltre il 90% di purezza proteica, ha dimostrato la capacità di sostituire fino al 100% delle uova in polvere e sgusciate, offrendo risparmi sui costi del 20-30%. Il prodotto non solo offre funzionalità superiori e stabilità di prezzo, ma fornisce anche un opzione vegana per i consumatori. Questo sviluppo apre nuove possibilità per creare alternative vegetali superiori e più sostenibili nell'industria alimentare.

Burcon NutraScience (TSX: BU) (OTCQB: BRCNF) ha lanzado su proteína de canola Puratein® para el mercado de sustitutos del huevo. Este producto ofrece a los fabricantes de alimentos una alternativa sostenible y rentable a los huevos, especialmente para su uso en productos de panadería. El lanzamiento se produce en medio de un aumento de precios de los huevos debido a desafíos en la oferta y brotes de influenza aviar.

El aislado de proteína de canola de Burcon, con más del 90% de pureza proteica, ha demostrado la capacidad de sustituir hasta el 100% de los huevos en polvo y enteros, proporcionando ahorros en costos del 20-30%. El producto no solo ofrece una funcionalidad superior y estabilidad en los precios, sino que también proporciona una opción vegana para los consumidores. Este desarrollo abre nuevas posibilidades para crear alternativas vegetales superiores y más sostenibles en la industria alimentaria.

Burcon NutraScience (TSX: BU) (OTCQB: BRCNF)는 계란 대체 시장을 위해 Puratein® 카놀라 단백질을 출시했습니다. 이 제품은 식품 제조업체에 지속 가능하고 비용 효율적인 대안을 제공하며, 특히 베이킹 제품에 사용됩니다. 이 출시 시점은 공급 문제와 조류 인플루엔자 발생으로 인해 급등하는 계란 가격 속에서 이루어졌습니다.

Burcon의 카놀라 단백질 분리물은 90% 이상의 단백질 순도를 가지고 있으며, 분말 및 껍질이 벗겨진 계란의 100%를 대체하는 능력을 입증했으며, 20-30%의 비용 절감 효과를 제공합니다. 이 제품은 뛰어난 기능성과 가격 안정성을 제공할 뿐만 아니라 소비자를 위한 비건 친화적인 옵션도 제공합니다. 이 개발은 식품 산업에서 보다 우수하고 지속 가능한 식물 기반 대체품을 만드는 새로운 가능성을 열어줍니다.

Burcon NutraScience (TSX: BU) (OTCQB: BRCNF) a lancé sa protéine de canola Puratein® pour le marché des substituts d'œufs. Ce produit offre aux fabricants alimentaires une alternative durable et économique aux œufs, notamment pour l'utilisation dans les produits de boulangerie. Le lancement a lieu alors que les prix des œufs flambent en raison de problèmes d'approvisionnement et d'épidémies de grippe aviaire.

L'isolat de protéine de canola de Burcon, avec plus de 90% de pureté protéique, a démontré sa capacité à remplacer jusqu'à 100% des œufs en poudre et en coquille, offrant ainsi des économies sur les coûts de 20 à 30%. Le produit non seulement fournit une fonctionnalité supérieure et une stabilité des prix, mais offre également une option végétalienne pour les consommateurs. Ce développement ouvre de nouvelles possibilités pour créer de meilleures alternatives végétales durables dans l'industrie alimentaire.

Burcon NutraScience (TSX: BU) (OTCQB: BRCNF) hat sein Puratein® Rapsprotein für den Markt der Eiersatzprodukte eingeführt. Dieses Produkt bietet Lebensmittelherstellern eine nachhaltige und kostengünstige Alternative zu Eiern, insbesondere für die Verwendung in backwaren. Der Launch erfolgt vor dem Hintergrund steigender Eierpreise aufgrund von Angebotsproblemen und Ausbrüchen der Vogelgrippe.

Das Rapsprotein-Isolat von Burcon, mit über 90% Proteinreinheit, hat die Fähigkeit bewiesen, bis zu 100% der pulverisierten und geschälten Eier zu ersetzen und 20-30% Kosteneinsparungen zu erzielen. Das Produkt bietet nicht nur überlegene Funktionalität und Preisstabilität, sondern auch eine veganfreundliche Option für Verbraucher. Diese Entwicklung eröffnet neue Möglichkeiten zur Schaffung überlegener, nachhaltiger pflanzlicher Alternativen in der Lebensmittelindustrie.

Positive
  • Launch of Puratein® canola protein for egg replacement market
  • Canola protein can replace up to 100% of powdered and shelled eggs
  • Cost-in-use savings of 20-30% compared to eggs
  • Over 90% protein purity in canola protein isolate
  • Vegan-friendly alternative to egg protein
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - October 7, 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 launch of its Puratein® canola protein into the rapidly growing, multi-billion-dollar egg replacement market. Burcon's canola protein is well-suited for use in baked goods, offering food manufacturers a sustainable and cost-effective alternative to eggs.

Egg prices have surged due to supply challenges, with demand outpacing production in the U.S. Over the past two years, avian influenza outbreaks have significantly disrupted egg supplies. According to the U.S. Bureau of Labor Statistics and USDA data, the price of eggs in August 2024 increased by 57% year-over-year, while powdered whole egg prices rose by 15%. As a result, food manufacturers are actively seeking egg substitutes to mitigate supply shortages and price volatility.

Burcon's canola protein isolate, with over 90% protein purity and exceptional functionality, is a suitable egg replacement in bakery applications. In a side-by-side study, Burcon's canola protein has demonstrated the ability to replace up to 100% of powdered and shelled eggs, delivering cost-in-use savings of 20 - 30%. This great-tasting canola protein not only provides superior functionality and price stability but also offers a vegan-friendly option for consumers.

"We're thrilled to receive such positive customer feedback on the use of our canola protein as an egg protein replacer," said Kip Underwood, Burcon's chief executive officer. "The food industry has long sought a plant-based alternative to egg protein. Our canola protein not only serves as a replacement in traditional food applications but also enables the creation of superior, more sustainable plant-based alternatives, expanding new application possibilities."

About Puratein® Canola Protein Isolate

Burcon's canola protein isolate, a unique and unparalleled product, is derived from non-GMO, Canadian-grown canola seeds. It boasts a nutritionally complete amino acid profile, containing all nine essential amino acids and a protein digestibility amino acid score (PDCAAS) of 1. With over 90% protein purity, a neutral flavor, high solubility across a broad pH range, superior foaming, and exceptional functionality, this protein isolate is a game-changer. It allows for creating a wide range of innovative, nutritious, sustainable, and great-tasting food and beverage products.

About Burcon NutraScience Corporation

Burcon 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-based market. Supporting the growing trend towards a plant-based diet, Burcon offers sustainable protein ingredients that we believe are better for you and better for the planet. For more information, visit www.burcon.ca.

Forward-Looking Information Cautionary Statement

The TSX has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein. This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements or forward-looking information involve risks, uncertainties and other factors that could cause actual results, performances, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements or forward-looking information can be identified by words such as "anticipate," "aim", "intend," "plan," "goal," "project," "estimate," "expect," "believe," "future," "likely," "may," "should," "could," "will" and similar references to future periods. All statements included in this release, other than statements of historical fact, are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements or information. Important factors that could cause actual results to differ materially from Burcon's plans and expectations include the implementation of our business model and growth strategies; trends and competition in our industry our future business development, financial condition and results of operations and our ability to obtain financing cost-effectively; potential changes of government regulations; and other risks and factors detailed herein and from time to time in the filings made by Burcon with securities regulators and stock exchanges, including in the section entitled "Risk Factors" in Burcon's annual information form for the year ended March 31, 2024 and its other public filings with Canadian securities regulators on SEDAR+ at www.sedarplus.ca. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information. Any forward-looking statement or information speaks only as of the date on which it was made, and, except as may be required by applicable securities laws, Burcon disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Although Burcon believes the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and, accordingly, investors should not rely on such statements.

Industry and Investor Contact
Paul Lam
Director, Investor Relations and Communications
Burcon NutraScience Corporation
Tel (604) 733-0896, Toll-free (888) 408-7960
plam@burcon.ca www.burcon.ca

Media Contact:
Steve Campbell, APR
President
Campbell & Company Public Relations
Tel (604) 888-5267
TECH@CCOM-PR.COM

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225780

FAQ

What is Burcon's new product for egg replacement?

Burcon has launched Puratein® canola protein as an egg replacement product, particularly suitable for use in baked goods.

How much can Burcon's canola protein (BRCNF) replace eggs in applications?

Burcon's canola protein has demonstrated the ability to replace up to 100% of powdered and shelled eggs in bakery applications.

What cost savings does Burcon's canola protein offer compared to eggs?

Burcon's canola protein delivers cost-in-use savings of 20-30% compared to eggs.

What is the protein purity of Burcon's canola protein isolate?

Burcon's canola protein isolate has over 90% protein purity.

Why is Burcon (BRCNF) launching an egg replacement product in October 2024?

Burcon is launching its egg replacement product due to surging egg prices caused by supply challenges and avian influenza outbreaks over the past two years.

BURON NUTRASCIENCE CORP

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