AquiNovo CEO interviewed in CEOCFO Magazine
Q&A with Nissim Chen, CEO of AquiNovo, Is Addressing the Growing Demand for Fish and the Food Crisis in Bringing to Market Their Peptide-Based Technology That Enhances the Growth of Farm-Raised Fish
By Lynn Fosse, Senior Editor, CEOCFO Magainze (23 July 2018)
CEOCFO: Mr. Chen, when is the concept behind AquiNovo?
Mr. Chen: AquiNovo was established to meet the ever-growing demand for fish. As marine sources are being depleted, increasing amounts of fish are provided by the aquaculture industry that has grown significantly in the last 30 years. Actually, since 2014, aquaculture provides over fifty percent of fish consumed by humans. However this tremendous growth comes with pressing challenges, the key of which is the need to sustainable increase fish yield.
CEOCFO: Would you explain how the [AquiNovo technology] works?
Mr. Chen: AquiNovo’s technology is based on proprietary short peptides, which are basically a truncated, modified forms of naturally occurring peptides in the fish. The activities of these peptides in fish are employed to enhance fish growth when given externally.