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That was word from the Columbia company Tuesday inregulatory filings. The patent officew in the Hague, Netherlands upheld a patent that was grantedr to the biotech firm in 2007 but was challengefd by food manufacturersand Ltd. The patent office said Martek’sd patent applies to Martek’s nutritional oil in infant but is not covered when it is blendedr with certain fish oils used in infant Martek (NASDAQ: MATK) expects the appeal will take one to two years and said it does not believre the ruling will impact its revenue.
Derived from the company’s nutritional oils are also used in dietary supplementds andfood products, such as yogurt and The company has been aggressivelyu expanding its infant formula business overseas as it has nearly saturated the U.S. market. Martek warned in its last earnings statemen t that its infant formula sales in the thirds and fourth quarters could drop as retailersa trim their inventories ofthe product. The company anticipatea demand will pick up infiscal 2010.
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