December 21, 2018 — SEAFOOD NEWS — AquaBounty and Intrexon announced this week that their jointly developed gene edited line of tilapia is “exempt from GM regulation” according to Argentina’s National Advisory Commission on Agricultural Biotechnology (CONABIA).

Intrexon is a leader in the engineering and industrialization of biology to improve the quality of life and health of the planet. GM salmon farmer AquaBounty is a majority-owned subsidiary of Intrexon.

According to a press release, the engineered tilapia was developed using gene editing techniques and do not contain any foreign DNA or a new combination of genetic material. Because of this, the tilapia is not considered a genetically modified product in Argentina.

“We are focused on developing animal biotechnology for aquaculture and livestock through our subsidiaries to support sustainable food production in the U.S. and abroad,” LTG Thomas Bostick, PhD, PE, Chief Operating Officer of Intrexon, said in a statement. “We are pleased with Argentina’s leadership in establishing a transparent and predictable process for the advancement of products developed with gene editing techniques and see this as a critical development for companies seeking to bring highly innovative solutions to the global market using powerful and highly precise genetic tools. Moreover, enhancing regulatory certainty for products derived from biotechnology is critical to the future of agricultural innovation.”

The engineered tilapia has an improved fillet yield of 70%, a growth rate improvement of 16%, and a feed conversion rate improvement of 14%. The tilapia has a shortened time to harvest, which not only reduces input costs, but increases production output and reduces risk of disease.

AquaBounty CEO Ronald Stotish added that the company is “committed to advancing novel technologies into the marketplace to improve sustainability in aquaculture.” Stotish said that it’s through their collaboration with Intrexon that the company has been able to make “significant progress.”

This story was originally published on SeafoodNews.com, a subscription site. It is reprinted with permission.