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Market Updates

Martek Signs Agreements with Murray Goulburn and Arla Foods

Martek Biosciences Corp., Columbia, MD, has entered into an infant formula license and supply agreement with Murray Goulburn Co-Operative Co. Limited, the largest processor of milk in Australia and the nation’s largest exporter of processed food. Murray Goulburn processes over 35% of Australia’s milk supply into products that are sold both domestically and internationally. As part of the agreement, Martek will serve as the exclusive ARA (arachidonic acid) supplier for all Murray Goulburn infant formula products sold in China.

Martek has also signed a license and supply agreement with Arla Foods for the use of Martek’s DHA and ARA oils in infant formula products in certain markets.

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