Cell Aquaculture to cooperate with Malaysian firm

Cell Aquaculture has signed a Memorandum of Understanding (MOU) with a Malaysia-based multinational corporation in an effort to establish a large scale land-based aquaculture production site.

The identity of the Malaysian corporation was not disclosed.

The collaboration would use Cell Aquaculture's Cell production technologies and vertically integrated ''Hatch to Dispatch'' business model.

Cell Aquaculture has  developed  large  scale  land-based  recirculating  seafood  production  facilities  in Terengganu,  Malaysia. The company has also established hatchery operations for Australian barramundi at James Cook University, Queensland.