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Burcon NutraScience Expands Production Capabilities with New Facility Agreement

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Burcon NutraScience Expands Production Capabilities with New Facility Agreement

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Burcon Nutrascience ( (TSE:BU) ) has provided an update.

Burcon NutraScience has entered into an agreement with RE ProMan, LLC to establish a protein production facility in North America. This strategic partnership aims to enhance Burcon’s market presence by granting them exclusive access to manufacturing capacity for their plant protein products, expecting significant revenue growth and profitability by 2026.

More about Burcon Nutrascience

Burcon NutraScience Corporation is a global leader in the development of plant-based proteins designed for the food and beverage industry. The company focuses on developing innovative protein technologies and solutions within the fast-growing, multi-billion-dollar protein ingredients industry.

YTD Price Performance: 25.93%

Average Trading Volume: 55,996

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $18.37M

Learn more about BU stock on TipRanks’ Stock Analysis page.

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