Burcon, Merit and Nestlé announce collaborative partnership for plant-based proteins
Burcon NutraScience Corporation (TSX: BU), a global technology company in the development of plant-based proteins, is pleased to announce that Burcon, Nestlé and Merit Functional Foods Corporation (“Merit”) have entered into a joint development agreement to tailor Burcon and Merit’s novel plant-based proteins for use in Nestlé food and beverage applications.
The joint agreement commences what is intended to be a long-term relationship among the parties covering ongoing innovation and the future supply of Burcon and Merit’s novel plant-based proteins from the commercial-scale production facility, which Merit is currently building.