Posts Tagged ‘Food and Drug Administration’
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…
Read MoreUS 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…
Read More