US-based GM salmon farmer AquaBounty Technologies reported widening losses on Thursday.
The company said its net loss for the nine-month period ended Sept. 30, increased nearly 14 percent to $6.6 million (€5.6 million) from $5.8 million (€4.9 million) for the same period a year ago.
The loss, the company said, reflects ongoing investments in both its Indiana farm site and Rollo Bay hatchery.
“In this quarter, our primary focus has been on getting our Indiana farm site ready for FDA inspection," said company CEO Ronald Stotish.
