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That was word from the Columbia company Tuesday inregulatoruy filings. The patent office in the Netherlands upheld a patent that was granted to the biotech firm in 2007 but was challengec by food manufacturersand Ltd. The patent office said Martek’s patent applies to Martek’s nutritional oil in infany formula, but is not covered when it is blendefd with certain fish oils used in infant Martek (NASDAQ: MATK) expects the appeal will take one to two yearsx and said it does not believe the ruling will impact its revenue. Derived from the company’s nutritional oils are also used in dietaryt supplements andfood products, such as yogurt and juice.
The compang has been aggressively expanding its infant formula business overseas as it has nearlg saturatedthe U.S. market. Martek warned in its last earningds statement that its infant formulas sales in the third and fourtj quarters could drop as retailers trim theit inventories ofthe product. The company anticipates demanrd will pick up infiscal 2010.
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