US-based GM salmon farmer AquaBounty Technologies, a majority-owned subsidiary of Intrexon Corporation, saw its losses continue to widen in the second quarter of the year, as it began production at its new site in Albany, Indiana.

For the three months ended June 30, 2018, the company saw revenues shrink to $47,898 (€41,300) down 10 percent from $53,278 (€45,939) in the same period a year earlier.

The operating loss for the quarter was $2.8 million (€2.4 million) compared with a loss of $2.1