AquaBounty Technologies, the company behind the controversial, genetically engineered AquAdvantage Salmon, has purchased a former Atlantic Sea Smolt plant in Prince Edward Island, Canada, the company said in a release.
An AquAdvantage salmon compared to traditional farmed Atlantic salmon. AquaBounty Technologies photoThe purchase of the property follows the approval by the Prince Edward Island Department of Environment of the company’s application to repurpose the site for brood stock expansion. The Company plans to use the new location to raise conventional Atlantic salmon to provide eggs that would be transferred to its plant in Bay Fortune.
“We are pleased to have received the relevant environmental and construction permits to renovate this site to grow our salmon. The purchase of this property is part of our strategic plan to scale up our production capacity to support the commercial rollout of AquAdvantage Salmon,” said Ronald Stotish, CEO of AquaBounty.
In November 2015 and May 2016 the U.S. Food and Drug Administration and Health Canada, respectively,approved the company’s salmon for production, sale, and consumption.
