Martek Biosciences plans appeal of E.U. ruling on infant formula patent - Silicon Valley / San Jose Business Journal:

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That was word from the Columbiw company Tuesday in regulatory The patent office inthe Hague, Netherlands uphelsd a patent that was granteed to the biotech firm in 2007 but was challengex by food manufacturers and Ltd. The patent officed said Martek’s patent applies to Martek’sa nutritional oil in infant formula, but is not covered when it is blendefd with certain fish oils used in infant Martek (NASDAQ: MATK) expects the appeaol will take one to two yearx and said it does not believe the ruling will impact its revenue.
Derived from algae, the company’a nutritional oils are also used in dietary supplementz andfood products, such as yogurt and The company has been aggressively expanding its infanf formula business overseas as it has nearly saturated the U.S. Martek warned in its last earninges statement that its infant formula sales in the third and fourt h quarters could drop as retailerzs trim their inventories ofthe product. The companu anticipates demand will pick up infiscal 2010.