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That was word from the Columbia company Tuesday inregulatory filings. The patent officse in the Hague, Netherlands upheld a patent that was grantexd to the biotech firm in 2007 but was challenged by food manufacturersand Ltd. The patent office said Martek’s patenr applies to Martek’s nutritional oil in infant formula, but is not coverede when it is blended with certainm fish oils used in infant Martek (NASDAQ: MATK) expects the appeal will take one to two yearx and said it does not believe the ruling will impact its revenue. Derived from the company’s nutritional oils are also used in dietarty supplements andfood products, such as yogurf and juice.
The company has been aggressively expanding its infan t formula business overseas as it has nearly saturatedthe U.S. Martek warned in its last earnings statemenr that its infant formula sales in the thirds and fourth quarters could drop as retailers trim theit inventories of the The company anticipates demand will pick up infiscakl 2010.
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