AquaBounty set to sell Indiana RAS farm

North American land-based salmon farmer AquaBounty Technologies is putting its Indiana site on the market in an effort to raise funds and strengthen its balance sheet. In a stock market announcement yesterday, CEO Sylvia Wulf said: “We have been focused on securing funding for our near and long-term needs, so we can continue to pursue…

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AquaBounty IPO raises $65.2m for GM salmon

North American land-based salmon farmer AquaBounty Technologies has announced the closing of its public share offering (IPO), which has raised $65.2 million before expenses. The company is pioneering genetically modified (GM) salmon. AquaBounty says it intends to use the net proceeds of the offering for “general corporate purposes, including for the purchase of land and…

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US go ahead for GM salmon facility

THE company behind the world’s first genetically modified salmon has won approval from the US Food and Drug Administration (FDA) to rear its fish in the American state of Indiana. AquaBounty Technologies, which set up in Prince Edward Island, Canada, in 1996, had applied to the US authorities for a supplemental New Animal Drug Application…

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