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Thursday, November 26, 2009, 3:52AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Martek Biosciences Corp. (MATK)On Nov 25: 18.09  Up 0.04 (0.22%)  
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Martek Biosciences Corp.
6480 Dobbin Road
Columbia, MD 21045
United States - Map
Phone: 410-740-0081
Fax: 410-740-2985
Web Site: http://www.martek.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Healthcare
Industry:Biotechnology
Full Time Employees:569

BUSINESS SUMMARY 
Martek Biosciences Corporation engages in the development and commercialization of novel products from microalgae, fungi, and other microbes in the United States and internationally. Its products include life’sDHA, a vegetarian source of the omega-3 fatty acid DHA (docosahexaenoic acid), for use in infant formula, pregnancy and nursing products, foods and beverages, dietary supplements, and animal feeds; and life’sARA, a vegetarian source of the omega-6 fatty acid ARA (arachidonic acid), for use in infant formula. The company’s nutritional oils comprise fatty acid components, such as DHA and ARA, which enhance mental and visual development in infants, as well as enable proper functioning of brain function and reduce the risk of cardiovascular disease. It also provides contract manufacturing services for the production of enzymes, specialty chemicals, vitamins, agricultural specialties, and intermediates. The company sells oils containing fatty acids under the names DHASCO, Neuromins, and ARASCO. Martek Biosciences has a collaboration agreement with a Canadian biotechnology company to co-develop DHA products from plants, as well as an agreement with DSM Food Specialties’ B.V. for the production and supply of ARA. It also has a joint development agreement with BP plc to work on the production of microbial oils for biofuels applications. The company was founded in 1985 and is based in Columbia, Maryland.
Key Statistics

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    CORPORATE GOVERNANCE 
    Martek Biosciences Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 91.6% of S&P 600 companies and 97.5% of Pharmaceuticals, Biotechnology & Life Sciences companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Steve Dubin , 55
    Chief Exec. Officer and Exec. Director
    $ 1.03M $ 0
    Mr. David M. Abramson , 56
    Pres
    $ 797.00K $ 0
    Mr. Peter L. Buzy , 49
    Chief Financial Officer, Principal Accounting Officer, Exec. VP of Fin. & Admin. and Treasurer
    $ 797.00K $ 631.00K
    Mr. Peter A. Nitze , 50
    Chief Operating Officer and Exec. VP
    $ 797.00K $ 0
    Mr. Barney B. Easterling , 63
    Sr. VP of Manufacturing
    $ 672.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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