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Home > Company Index > Drugs > Vitamins, Nutritional & Other Health Related Products > Martek Biosciences Corporation

Martek Biosciences Corporation
Nasdaq: MATK
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 PROFILE
Martek Biosciences' nutritional and pharmaceutical products may elevate the esteem of lowly pond scum. The company has developed nutritional oils from microalgae and fungi for use in baby formula (the oils provide fatty acids naturally present in human milk). The oils are licensed to several formula makers, including Abbott Laboratories, American Home Products (33% of total sales), Mead Johnson (a Bristol-Myers Squibb subsidiary), and Novartis. The company also sells its oils for use in dietary supplements and nutritional drinks, as well as fluorescent dyes used in diagnostic kits. Martek Biosciences has a database of more than 3,300 species of microalgae, which it uses for drug discovery and molecular research.

 COMPETITION
BASF Aktiengesellschaft (BF)
Hoffmann-La Roche Inc. (dossier)
Pharmacia Corporation (PHA)

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 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 9.70
1-Yr. Sales Growth: 59.0%
Employees: 170
Revenue per employee: $57,058.82

 KEY PEOPLE
• Henry Linsert
    CEO
• Peter L. Buzy
    CFO

 CONTACT INFO
6480 Dobbin Rd.
Columbia, MD 21045
US
Phone: 410-740-0081
Fax: 410-740-2985
Online: Web Site

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