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Martek Signs Sole-Source Supply Agreement with Fonterra
Date:12/10/2009

Martek Biosciences Corporation (NASDAQ: MATK) announced today that it has entered into a multi-year, sole-source supply agreement with leading global dairy company Fonterra Co-operative Group Limited for the use of Martek’s products in Fonterra’s infant formulas and milk-based Anmum™ Materna products for pregnant and nursing mothers.

Columbia, MD (Vocus) December 10, 2009 -- Martek Biosciences Corporation (NASDAQ: MATK) announced today that it has entered into a multi-year, sole-source supply agreement with leading global dairy company Fonterra Co-operative Group Limited for the use of Martek’s products in Fonterra’s infant formulas and milk-based Anmum™ Materna products for pregnant and nursing mothers.

Fonterra’s infant formulas, featuring life’sDHA™ and life’sARA™, will be available in Malaysia, Indonesia and China.

Fonterra’s Anmum™ Materna products for pregnant and nursing mothers, featuring life’sDHA, will be available in Indonesia, Taiwan, Hong Kong, the Philippines, Malaysia, Vietnam, Singapore, Thailand and China.

“Martek is a leading global supplier of DHA and ARA. Infant formulas containing Martek’s
life’sDHA and life’sARA can be found in more than 75 countries worldwide, and we continue to expand our international presence in the infant formula and perinatal markets,” said Ethan Leonard, vice president of pediatric nutrition for Martek. “Our sole-source supply arrangeme
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Source: PRWeb
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Martek Signs Sole-Source Supply Agreement with Fonterra
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