AquaBounty received approval from Brazil’s National Biosafety Technical Commission for the sale of genetically engineered (GE) Atlantic salmon in Brazil. With this approval, the company moves closer to realizing an exciting new market opportunity in South America.
“This is another significant achievement for AquaBounty as we seek to expand our presence into new international markets,” added Sylvia Wulf, CEO of AquaBounty. “This approval now enables us to seek production and distribution partners in Brazil, the largest and most populated country in South America with significant demand for salmon.”
The company also announced the successful completion of the first commercial harvest of its GE Atlantic salmon at the Albany, Indiana Farm. “We are thrilled to commence commercial-scale harvesting of our GE salmon at our Indiana farm,” said Sylvia Wulf, Chief Executive Officer of AquaBounty. “The first weeks of our harvest supply are fully committed and our customers are excited to introduce the salmon in their markets. We will continue to ramp up production to the farm’s full capacity throughout the course of the year.”