AquaBounty sees increased revenue – and losses – for Q4

Land-based salmon farmer AquaBounty Technologies has reported a year-on-year revenue increase of 23% for the last quarter of 2023, but the period also saw losses growing. AquaBounty has developed a genetically modified (GM) strain of salmon, aimed at faster growth and suitability for farming in RAS (recirculating aquaculture systems) facilities. For Q4, the company recorded…

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US gives GM salmon 'all clear'

THE word’s first genetically modified salmon can now be farmed in the US, following a decision by the Food and Drug Administration (FDA) to lift its final restrictions. AquaBounty Technologies, which is based in Prince Edward Island, Canada, described the decision as a milestone for its AquaAdvantage salmon. The company can now go ahead with…

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Fish Update Briefing, Friday, November 30

US FOODS EXECUTIVE TO HEAD AQUABOUNTY AQUABOUNTY Technologies, the American company noted for its research and development of genetically modified fish, has appointed US Foods senior vice president Sylvia Wulf as its new chief executive and executive director. She is highly experienced in the food industry and previously held senior positions with Tyson Foods Inc,…

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