AquaBounty forced to suspend construction of land-based salmon farm after failing to secure financing

The management team will undertake a review of its strategic options, including evaluating a smaller scope or size for the farm.

“Despite cost reduction efforts, the GMP estimate came in at a price that was significantly above our previous estimate" AquaBounty CEO Sylvia Wulf said.
“Despite cost reduction efforts, the GMP estimate came in at a price that was significantly above our previous estimate" AquaBounty CEO Sylvia Wulf said.Photo: Biotechnology Innovation Organization/YouTube
Published 2 June 2023, 12:38Updated 2 June 2023, 12:55