Burcon NutraScience Corp., a leader in functional, renewable plant proteins, reported that with the third U.S. patent being granted for a process used to produce Clarisoy soy protein, its manufacturing and marketing partner for its Clarisoy soy protein, Archer Daniels Midland Co., continues to see development activities from the global food and beverage market.
A key step in the commercialization of a revolutionary food ingredient like Clarisoy is to produce commercially produced samples for food and beverage manufacturers who will use the samples to develop prototypes, perform essential product testing, complete shelf-life studies, and conduct consumer focus-groups before commercially launching a product. Due to the lengthy product development cycle for major brands, Burcon expects to report royalty payments for the quarter ended March 31, 2013 to again be minimal.
“Clarisoy is a truly innovative ingredient for food and beverage manufacturers seeking to incorporate a transparent protein in their products,” said Johann F. Tergesen, Burcon’s president and COO. “We recognize that the development process for major branded food and beverage products involves extensive time and investment. We are encouraged by the substantial inroads ADM has made for Clarisoy in the food and beverage market. We’re looking forward to the continued market development activities with Clarisoy in 2013, as Burcon works to further strengthen the valuable IP surrounding this unique protein technology.”
Burcon was recently awarded its third U.S. patent within the last two months for processes used to produce Clarisoy soy protein. Its patent portfolio now consists of 225 issued patents in various countries, including 39 in the U.S., as well as more than 400 active patent applications, including 80 additional U.S. patent applications.