Burcon NutraScience Corp (TSX:BU) has announced that it has received a Notice of Allowance from the US Patent and Trademark Office for a patent application covering characteristics of its Peazazz pea protein made by its unique process.
The company explained that a Notice of Allowance is a written notification that a patent application has cleared internal review, is pending issuance and will grant in the near future.
"Securing this patent has been a priority for Burcon and we are very pleased to receive this key pea protein patent allowance, which maintains, protects and ensures our pea protein licensee, Merit Functional Foods, with marketplace differentiation," Burcon CEO Kip Underwood said in a statement. "Merit's pea protein sales have been gaining traction among customers, this patent protection helps Merit continue to offer high quality and unparalleled pea protein ingredients for many years to come."
READ: Burcon NutraScience joint venture Merit Functional Foods launches new organic pea protein
The company noted that US patent application 14/811,052, which covers valuable properties of pulse protein products made by Burcon's unique processes, including the high protein purity of Peazazz, was allowed on January 5, 2023.
This patent allowance adds to its existing patent portfolio of 322 issued patents in various countries, including 72 issued US patents, and more than 170 additional pending patent applications, 26 of which are US patent applications, Burcon added.
Burcon NutraScience is a global technology leader in the development of plant-based proteins for foods and beverages and holds a 31.6% stake in Merit Foods.
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