Market Updates

Laboratorios Ordesa, Martek Sign Agreement

Author Image

By: Sean Moloughney

Editor, Nutraceuticals World

Laboratorios Ordesa, Barcelona, Spain, has signed a non-exclusive agreement with Martek Biosciences Corporation, Columbia, MD, for Martek’s technology relating to the use of long chain polyunsaturated fatty acids in infant formula. The agreement provides for initial cash payments and would give Martek an ongoing royalty upon Ordesa’s introduction of products using Martek’s technology for docosahexaenoic acid (DHA) and arachidonic acid (ARA). The license covers Spain and Italy.

Keep Up With Our Content. Subscribe To Nutraceuticals World Newsletters