Genetically Modified (GM) salmon producer AquaBounty said Tuesday it has received regulatory approval from Brazil’s National Biosafety Technical Commission (CTNBio) to sell its salmon to consumers.
With this approval, the company said it moves closer to realizing a new market opportunity in South America.
It is unclear whether AquaBounty has received final approval from Brazil to sell its products, and what its next steps might be.
“This is another significant achievement for AquaBounty as we seek to expand our presence into new international markets,” said AquaBounty CEO Sylvia Wulf.
“This approval now enables us to seek production and distribution partners in Brazil, the largest and most populated country in South America with significant demand for salmon.”
CTNBio is a multidisciplinary collegiate body that assists the Brazilian federal government in the design, update and implementation of the National Biosafety Policy for Genetically Modified Organisms (GMO).
AquaBounty added that the first weeks of its commercial harvest "are fully committed."
Samuels and Son Seafood, a Philadelphia-based seafood distributor of AquaBounty’s Atlantic salmon, has been the only customer so far to publicly announce it is selling the salmon.