Tag Archives: GM salmon company losses mounting

GM salmon company losses mounting – Long wait discouraging investment in genetically modified food animal technologies, says scientist

CBCNews – AquaBounty, which is hoping to put its genetically modified salmon on grocery store shelves soon, is finding its losses are growing as it waits for U.S. FDA approval. The company’s net loses were $4.4 million last year, up from $2.7 million the year before. But the company says, thanks to reduced net spending and new money raised, it is still confident it has the cash to see its salmon reach the market in the U.S. continued