Navigation Links
Martek Announces Second Quarter 2008 Financial Results
Date:6/4/2008

of fiscal 2008 increased 21% over the second quarter of fiscal 2007 to $87.9 million. Product sales in fiscal 2008 year-to-date increased 20% over fiscal 2007 year-to-date to $166.5 million. These increases reflect continued strong demand from Martek's U.S. and international infant formula customers, the launch of new and the growth of existing food and beverage products containing life'sDHA(TM) and the Company's increased penetration into its other non-infant formula nutritional markets. Sales to the infant formula market in the second quarter of fiscal 2008 were approximately $3 million above the high-end of the guidance previously provided by the Company primarily due to the production timing and related product ordering patterns of several large customers.

Following is a breakdown of product sales by market for the second quarter and year-to-date periods (in thousands):

Three months ended April 30, Six months ended April 30,

%

% incr

2008 2007 incr 2008 2007 (decr)

Infant formula

market $78,390 $65,929 19% $148,668 $126,781 17%

Food and beverage

market 3,172 1,147 177% 5,267 1,868 182%

Pregnancy and

nursing,

nutritional

supplements and

animal feeds 5,113 4,176 22% 10,405 8,149 28%

Non-nutritional

products 1,200 1,084 11% 2,144 2,250 (5%)

Total product

sales $87,875 $72,336 21% $166,484 $139,048 20%

New products launched during the second quarter co-branded with the Martek life'sDHA(TM) logo include:

Food and Beverage Products

-- Challenge Spreadable Butter with life'sDHA(TM) (
'/>"/>

SOURCE Martek Biosciences Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related biology technology :

1. Martek to Announce Third Quarter 2007 Results on September 5, 2007
2. Martek to Present at Upcoming UBS Conference
3. Martek Signs Multi-Year Worldwide Sole Source Supply Agreement with Abbott
4. Martek Announces Settlement of OmegaTech Milestone Litigation
5. Martek to Obtain Permanent Injunction Against Lonza in U.S. Patent Infringement Suit; Jury Verdict on Infringement of Two of Three Patents Upheld by Judge
6. European Patent Office Upholds Martek European DHA Food Patent; Scope of Original Claims Narrowed
7. Martek to Present at Upcoming ThinkEquity Partners Conference
8. Martek Announces Fourth Quarter and FY 2007 Financial Results
9. Martek Signs DHA/ARA License and Supply Agreement With IlDong Foodis for Infant Formula in South Korea
10. Leading DHA Expert and Former NIH Researcher, Dr. Norman Salem, Jr., to Join Martek as Chief Scientific Officer
11. Challenge Spreadable Butter Now Features Marteks lifesDHA(TM)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/14/2014)... and BETHESDA, Md. , ... joining together with two institutes from the National Institutes ... tools for bringing safer, more effective treatments to patients ... National Center for Advancing Translational Sciences (NCATS) and the ...
(Date:1/14/2014)... January 14, 2014 In recent years, ... and methods in product development and promotion has led ... This mistrust, fueled by concerns about the insidious impact ... reports of spectacular fines to the world’s biggest pharmas ...
(Date:1/14/2014)... Global Record Systems, LLC, (GRS), ... solutions for patients, physicians, the biopharmaceutical industry, regulators, ... the signing of a three-year Research Collaboration Agreement ... (FDA). This initiative is designed to generate ...
(Date:1/14/2014)... Washington, USA, and Cardiff, UK (PRWEB) January 13, 2014 ... photonics technology development leader with more than 20 years ... society for optics and photonics . Hainsey will serve ... are delighted to have Dr. Hainsey join SPIE as ...
Breaking Biology Technology:Organovo Announces Collaboration with National Institutes of Health 2Organovo Announces Collaboration with National Institutes of Health 3The Sunshine Act: Necessary Regulation or Unnecessary Dysregulation? New Life Science Webinar Hosted by Xtalks and IRB Services 2The Sunshine Act: Necessary Regulation or Unnecessary Dysregulation? New Life Science Webinar Hosted by Xtalks and IRB Services 3Global Record Systems Announces Research Collaboration Agreement with FDA to Create a Novel “Big Data” Paradigm for Collection of Patient Safety and Outcomes Information 2Photonics R&D Leader Bob Hainsey Joins SPIE Technical Staff 2
... Ananda Chakrabarty is modest about the role ... others are willing to do the boasting for him. ... to successfully patent life forms, visited Wisconsin this week ... Wisconsin-Madison's biotechnology program. Asked if he understood the ...
... - The life sciences, transportation, and perhaps even the 2016 ... of Milwaukee and Madison, according to Milwaukee Mayor Tom ... Mayor Dave Cieslewicz in a forum held by the ... on their M2 Collaborative and their plans to develop the ...
... president and CEO of ZyStor Therapeutics, Inc. ... attendees of this year's Midwestern bioscience forum. , ,As ... biotechnology companies with another presenter, Dr. Irene Hrusovsky, CEO ... molecular diagnostic products. , ,Like many of the attendees, ...
Cached Biology Technology:Father of life patents downplays historic role 2Father of life patents downplays historic role 3Cieslewicz, Barrett talk economic collaboration 2Cieslewicz, Barrett talk economic collaboration 3Cieslewicz, Barrett talk economic collaboration 4ZyStor to exhibit cell disorder treatments 2
(Date:4/24/2014)... turtle is the largest river turtle in North America, ... almost a century. Now researchers from Florida and the ... one species but three. , Examining museum specimens ... in this ancient reptile. , Once heavily hunted for ... of Campbell,s Turtle Soup in the 1960s the ...
(Date:4/24/2014)... RICHLAND, Wash. A common plant puts out a welcome ... the mat,s molecular mix. , The study published this week ... reveals new targets during the battle between microbe and ... team showed that the humble and oft-studied plant Arabidopsis ... from a pathogen. It,s as if a hostile army were ...
(Date:4/23/2014)... "playwright" to their resumes in an effort to aid ... ethical issues as genomic science transitions to bedside healthcare, ... , Until now the plays of Karen H. ... and by, their peers and others in the genomics ... With Oxford University Press, publication of the book ...
Breaking Biology News(10 mins):Two new US turtle species described 2Two new US turtle species described 3How a plant beckons the bacteria that will do it harm 2How a plant beckons the bacteria that will do it harm 3Bioethicists use theatrical narratives to bridge the gap between society and science 2Bioethicists use theatrical narratives to bridge the gap between society and science 3
... known to visit the flowers of the cardon cactus in ... specialized to feed from the flowers, which are adapted for ... known for its ability to hear the footsteps of large ... In a surprising result, scientists at the University of ...
... at anchor for longer periods algae, shells and barnacles will ... of billions of Dollar. Biological growth on the underwater surface ... below the waterline which has a braking effect as the ... layer, the consumption of fuel can increase by up to ...
... (Securing the Conservation of biodiversity across Administrative Levels ... integrating research project funded by the 7th Framework ... several critical issues in nature conservation caused by ... take place and those at which management and ...
Cached Biology News:Insect-eating bat outperforms nectar specialist as pollinator of cactus flowers 2Insect-eating bat outperforms nectar specialist as pollinator of cactus flowers 3Keeping ship hulls free of marine organisms 2SCALES goes global in addressing critical issues in nature conservation 2
... The mycobacteria in ... cells to the injection site which enhances ... Freund's Adjuvant is used for the initial ... the subsequent boosts. Antigens (preferably in saline) ...
HiTrap Streptavidin HP, 5 x 1 ml. Category: Chromatography Systems & Accessories, Systems....
...
Request Info...
Biology Products: