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Norwegian salmon producer invests in US biotech firm developing solutions from fish blood

Biotech firm Salmonics said the collaboration with Leroy aims to globalize fish-blood-based biomedical products in biotech and pharma sectors

By Undercurrent News | July 18, 2024 17:44 BST
Credit: Leroy Seafood Group
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Norwegian salmon producer Leroy Seafood Group has announced an investment in Salmonics, a US biotechnology company based in Brunswick, Maine.

The investment, announced on Thursday (July 18, 2024), aims to develop further and market Salmonics' biotechnological solutions derived from fish blood.

While the specific financial details of the investment were not disclosed, the announcement said the collaboration is set to enhance the global expansion of Salmonics' fish-blood-based biomedical products into the biotechnology and pharmaceutical sectors.

Leroy is among Norway's major salmon producers, with 2023 revenues exceeding NOK 30 billion ($2.8b).

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Aquatech

Norwegian salmon producer invests in US biotech firm developing solutions from fish blood

Biotech firm Salmonics said the collaboration with Leroy aims to globalize fish-blood-based biomedical products in biotech and pharma sectors

By Undercurrent News | July 18, 2024 17:44 BST
Credit: Leroy Seafood Group
Related

Leroy’s 14,000 escaped salmon may be carrying diseases

Leroy Seafood via company's website

Nordic Aqua brings former Leroy exec to China

Leroy posts solid Q1 earnings, reduces 2025 harvest guidance

Norway salmon farmers head back to court over ‘traffic light’ production cuts

Scottish Sea Farms receives planning approval to merge four sites in Shetland

European investor snaps up Indian Ocean-based French seafood group

AdvertisementX

Norwegian salmon producer Leroy Seafood Group has announced an investment in Salmonics, a US biotechnology company based in Brunswick, Maine [...]

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Japanese scallop exports continued strong momentum with 2% increase

Peru fisheries sector sees major jump in landings on back of anchovy catch surge

US seafood trade imbalance continues to grow in 2024

BC salmon farm workers protest during Canadian prime minister visit

AdvertisementX

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

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