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That was word from the Columbia compangy Tuesday inregulatory filings. The patent officse in the Hague, Netherlands upheld a patent that was granteds to the biotech firm in 2007 but was challengeed by food manufacturersand Ltd. The patent office said Martek’s patent applies to Martek’as nutritional oil in infantr formula, but is not covered when it is blendedc with certain fish oils used in infant Martek (NASDAQ: MATK) expects the appea will take one to two yearzs and said it does not believe the rulingt will impact its revenue. Derived from algae, the company’ nutritional oils are also used in dietary supplements andfood products, such as yogurrt and juice.
The company has been aggressivelty expanding its infant formula business overseas as it has nearl saturatedthe U.S. market. Martek warned in its last earningsw statement that its infant formula sales in the thired and fourth quarters could drop as retailersw trim their inventories of the The company anticipates demand will pick up infiscalk 2010.
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