Aquaculture health, nutrition and genetics business Benchmark Holdings made a loss of nearly £2 million in the first quarter of its 2020 financial year, which starts in October, but said restructuring and cost savings would help it deliver on its expectations for the year.

Aquaculture health, nutrition and genetics business Benchmark Holdings today announced that it conditionally raised £43 million by selling shares through an open offer and a market placing.

Aquaculture health, advanced nutrition and genetics business Benchmark Holdings has placed the launch of its new BMK08 lice treatment as a priority in 2020 after a tough year in which losses increased to £83 million from £4.4m in 2018.

Aquaculture health, breeding and nutrition business Benchmark’s CleanTreat system has today won the prestigious Innovation Award at the world’s biggest aquaculture trade fair, Aqua Nor, in Trondheim.

Benchmark has been named as one of three finalists for the prestigious Innovation Award to be presented at the world’s biggest aquaculture trade show, Aqua Nor, in Trondheim in August.

Aquaculture biology and technology innovator Benchmark has appointed a new head of its CleanTreat section, which ensures that no chemicals used in lice treatments are discharged into the sea.

A new lice treatment developed by UK-based aquaculture genetics, health and nutrition company Benchmark is unlikely to be available before the end of 2020 or early 2021.