Burcon NutraScience

Burcon NutraScience

Burcon is food biotechnology company that was founded in 1998, and headquartered out of Vancouver, British Columbia, Canada, producing plant-based proteins and ingredients for food and beverage industry.

Burcon Nutrascience is a food and biotechnology company operating out of Vancouver, British Columbia, Canada, that was founded in November, 1998 as a venture capital pool corporation. Initially, Burcon Nutrascience was focused on evaluating assets, properties, and other businesses to acquire. It was not until October 8, 1999 when Burcon Nutrascience acquired a company operating out of Winnepeg, Manitoba, Canada called BMW Canola, that Burcon Nutrascience pivoted to become a food and biotechnology company.

Burcon develops functionally and nutritionally valuable plant proteins.Burcon Nutrascience develops and produces plant-based products and ingredients for use in food and nutritional supplements. Notable products made by Buron Nutrascience include: CLARISOY, Peazazz, Puratein, Supertein, and cannabis extracts.

Burcon has a joint venture for a $65-million pea and canola protein production facility planned to be built in Manitoba. The venture is with investor group made up of Shaun Crew, Barry Tomiski and Ryan Bracken, al veterans of the agri-foods industry. Tomiski and Bracken will serve as co-CEOs and directors of the joint venture company is rebranded as Merit Functional Foods Corporation (Merit Foods). Merit Foods entered a royalty-bearing licence agreement with Burcon for production, sale and distribution of Peazazz, Peazac, Supertein, Puratein and Nutratein canola proteins. Burcon will be responsible to technology transfer to Merit Foods.

Timeline

People

Name
Role
LinkedIn

Dr. Allan Yap

Chairman & CEO

Evangelina Rodrigues-Vieira

Research Associate

Jade Cheng

CFO and Treasurer

Johann Tergesen

President and COO

Martin Scheizer

Vice President of Technical Development

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News

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Reuters Editorial
January 24, 2020
U.S.
Food group Nestle has teamed up with Canadian plant-based food ingredient makers Burcon and Merit to speed up innovation in the fast-growing business segment, it said on Friday.

References

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