Tag Archives: Corporate Crime Daily

AquaBounty GMO Salmon paid for by Canadian Taxpayers

April: it seems our Canadian government gave AquaBounty a decent chunk of cash to keep it’s GMO salmon project afloat – and AquaBounty is an American Corporation: the following are 2 articles with various ‘slants’ on this fishy tale…

Another (GMO) Fish Tale From Aqua Bounty

C Margulis
Corporate Crime Daily, January 27 2010
http://corporatecrime.wordpress.com/2010/01/27/another-gmo-fish-tale-from-aqua-bounty/
Earlier this month, genetically engineered (GMO) salmon produced by the US-company Aqua Bounty were reportedly condemned in Panama, due to fears that the super-salmon could escape and wreak havoc on natural fish populations. The company later claimed the report was inaccurate, but company documents  acknowledge that its Panamanian operation was established in 2008 with the goal of “conducting commercial trials of the Company’s AquAdvantage salmon.”

Whatever the situation in Panama, concerns about the impending approval of genetically engineered (GMO) salmon are nothing new (nor are concerns about farmed salmon in general: Greenpeace just announced that mega-retailer Target will stop selling all farmed salmon). An article last February [2009] noted that Aqua Bounty was “soon” expecting FDA approval for the GMO salmon, which grows more rapidly than its natural counterpart.

Aqua Bounty has been seeking FDA approval since 1996, and has repeatedly claimed approval was just around the corner. In 2003, company founder and then-CEO Elliot Entis told Business Week that he hoped for FDA approval within a year. In 2004, another report stated the company was looking for approval by the end of the year. Another Business Week story in 2006 noted the fish could be on the market “as early as 2008.”

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