date:Apr 03, 2013
r than burning through more capital to increase capacity at the site, bosses at the loss making firm recently scaled back production to conserve cash and resolved instead to seek a major strategic partner or partners to help it take its canola proteins to the mass market.
Joint venture deal should be finalized around April 30
In an call with analysts this morning, CEO Chris Schnarr said BioExx has identified two potential partners in Europe - a private equity firm and a rapeseed (canola) proce