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Burcon expects interest from ADM

Burcon Nutrascience Corp. expects that its new partnership with Archer Daniels Midland Co. could eventually result in their marriage.

Burcon earlier this month signed a licensing deal with Archer Daniels for the production, distribution and sale of its Clarisoy soy protein, which can go into juices, soft drinks and sports drinks.

Although the deal does not give ADM a right or option to buy Burcon, Johann Tergesen, Burcon’s chief operating officer, said he assumes ADM would want to take it over down the road. Get the full story »