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Burcon NutraScience Corp (BRCNF) is a global leader in nutrition, health, and wellness, specializing in functional, renewable plant proteins. With a patent portfolio of 203 issued patents and over 390 pending patent applications, Burcon has developed innovative protein isolates like Clarisoy™ soy protein, Peazazz™ pea protein, and Puratein®, Supertein™, and Nutratein™ canola protein isolates. Their team of specialized scientists work on environmentally sound technologies at a private research facility. Burcon aims to provide sustainable protein ingredients for the food and beverage market.
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Burcon NutraScience Corporation successfully closes over-subscribed private placement, raising $4.36 million to accelerate commercial plans and meet customer demand for plant-based proteins.
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Burcon NutraScience Corporation (BU) secures a $6.9 million co-investment from Protein Industries Canada for the commercialization of high purity hempseed and sunflower seed protein ingredients, aiming to address the growing demand for diverse plant-based proteins.
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HPS Food & Ingredients to showcase innovative products at booth #538, promising exciting opportunities for growth and partnerships at the event.
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Burcon NutraScience Corporation reported operational highlights for the fiscal third quarter ended December 31, 2023, including establishing commercial production capabilities, entering into production agreements, receiving significant customer interest, and accessing a $10 million loan. The company showcased its 95% hempseed protein isolate and expects to begin commercial production soon. Financially, Burcon reported a net loss of $2.0 million for the current quarter, with cash balances at $675,000 on December 31, 2023.
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Burcon NutraScience Corporation (BRCNF) will hold an investor conference call and webcast on February 14, 2024, to discuss its financial results for the fiscal third quarter ended December 31, 2023. The webcast will be available on Burcon's website, and investors can participate in the live call using the provided details.
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Burcon NutraScience Corporation (BRCNF) strategically reduced patent expenses by 62% over the past 12 months, reflecting a focus on cash management and commercializing new plant-based protein technologies. The company has added patents for new protein technologies while eliminating those with limited commercial value, positioning itself for increased innovation and competitive advantage in the fast-growing plant-based protein industry. Burcon is actively expanding its portfolio for hemp and sunflower technologies, recognizing their growing significance in the market, with a potential commercial opportunity exceeding $500 million.
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Burcon NutraScience Corporation (TSjsonX: BU) issued a letter to shareholders from its CEO, Kip Underwood, expressing optimism and confidence in the company's future.
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Burcon NutraScience Corporation (TSX: BU) has entered into a production agreement with its partner manufacturer to bring the world's first high purity 95% hempseed protein isolate to market. The strategic collaboration is expected to rapidly meet the increasing demand for this exceptional high purity protein ingredient, with a potential commercial opportunity that exceeds $100 million for Burcon and HPS. The global hemp-based food market is projected to double in the next five years, growing at a rate of over 15%.
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Burcon NutraScience Corporation (TSX: BU) reported operational highlights for the second quarter, including partnering with HPS Food and Ingredients to launch the world's first high purity hempseed protein isolate, showcasing its 95% hempseed protein at trade shows, and extending the first tranche maturity date of its loan agreement. Management expects to rapidly develop the market and achieve sales in 2024, projecting a multi-billion dollar addressable market for its hempseed protein.
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Burcon NutraScience Corporation (TSX: BU) will hold an investor conference call and webcast on November 14, 2023, to discuss its financial results for the fiscal second quarter ended September 30, 2023. The webcast will be available on Burcon's website and archived for future playback. Investors can participate in the live call using the provided details.
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FAQ
What is the current stock price of BURON NUTRASCIENCE (BRCNF)?
The current stock price of BURON NUTRASCIENCE (BRCNF) is $0.104 as of October 11, 2024.
What is the market cap of BURON NUTRASCIENCE (BRCNF)?
The market cap of BURON NUTRASCIENCE (BRCNF) is approximately 14.9M.
What type of proteins does Burcon NutraScience specialize in?
Burcon specializes in developing functional plant proteins, including soy protein, pea protein, and canola protein isolates.
What sets Burcon NutraScience apart from other companies in the industry?
Burcon is known for its extensive patent portfolio, innovative protein extraction technologies, and commitment to sustainability.
Where is Burcon NutraScience located?
Burcon NutraScience is based in Vancouver, British Columbia, and operates a private research facility with a team of specialized scientists and engineers.
What are some of Burcon NutraScience's patented protein isolates?
Burcon has developed patented protein isolates like Clarisoy™ soy protein, Peazazz™ pea protein, and Puratein®, Supertein™, and Nutratein™ canola protein isolates.
How does Burcon NutraScience contribute to sustainability?
Burcon focuses on developing environmentally sound technologies and sustainable protein ingredients, aligning with the growing trend towards a plant-based diet.
What is the goal of Burcon NutraScience?
Burcon aims to deliver next-generation, best-in-class protein solutions while promoting health, wellness, and sustainability through their plant-based protein ingredients.
BURON NUTRASCIENCE CORP
OTC:BRCNF
BRCNF Rankings
BRCNF Stock Data
14.91M
101.50M
28.06%
0.21%
0.11%
Packaged Foods
Consumer Defensive
United States of America
Vancouver