Mexican Product Launch Planned for 2009
COLUMBIA, Md. and MONTERREY, Mexico, March 26 /PRNewswire-FirstCall/ -- DHA omega-3 innovator and maker of the life'sDHA(TM) brand, Martek Biosciences Corporation (Nasdaq: MATK) and Ragasa, one of Mexico's largest providers of raw and refined oil products and maker of Mexico's leading consumer cooking oil brand, Nutrioli, announced today that they have entered into a long-term supply agreement.
Under the terms of the agreement, Ragasa has agreed to purchase all of its DHA omega-3 needs from Martek and plans to launch a consumer product featuring Martek's flagship product, life'sDHA, in 2009. Ragasa will display the life'sDHA logo on the product packaging, and will also include the life'sDHA logo in related marketing, advertising and promotional materials.
"Martek finds it rewarding to partner with Ragasa, a Mexican agribusiness leader, to make life'sDHA more readily available to Mexican consumers of all ages," said David Abramson, Martek president.
"Martek's life'sDHA is a trusted, vegetarian and sustainable source of DHA, an important nutrient for brain, eye and heart health throughout life," said Alejandro Garcia, Ragasa partner general manager. "Ragasa is pleased to be working with Martek to bring this health-enhancing innovation to Mexican consumers."
DHA omega-3 is a long-chain omega-3 fatty acid that serves as a primary building block for the brain and the eyes and supports brain, eye and cardiovascular health throughout life. There is a large and growing body of scientific evidence demonstrating that people of all ages benefit from an adequate supply of DHA omega-3 in their diets. Scientific reviews highlight the importance of DHA omega-3 in proper brain and eye development and function,
|SOURCE Martek Biosciences Corporation|
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