Post 200: Top D.C.-Area Businesses

Martek Biosciences Corp. / MATK

Martek Biosciences develops DHA omega-3 products for use in foods, beverages, infant formula, and supplements.

Martek Biosciences develops DHA omega-3 products for use in foods, beverages, infant formula, and supplements. (Photo: Courtesy of company.)

About Martek Biosciences Corp.

6480 Dobbin Rd., Columbia, Md. 21045
www.martekbio.com | 410-740-0081 | Founded: 1985

Industry: Biotechnology | Category: Top 100 Companies

Martek Biosciences uses algae and fungi to make nutritional supplements, including DHA, an omega-3 fatty acid. Supplying DHA to infant-formula makers is Martek's core business. In the past year, its most significant growth has been in foods and beverages — Minute Maid is now using DHA in a juice, and Silk puts it in a soy milk. Last year, Martek settled a lengthy dispute related to its 2002 purchase of OmegaTech by issuing 340,946 shares of its stock to former OmegaTech shareholders.

2007 Financial Data

Total employees: 515 | Local employees: 190

Company Leadership

James R. Beery Director
Harry J. D'Andrea Director
Steve Dubin Chief Executive Officer and Executive Director
Robert J. Flanagan Chairman
Polly B. Kawalek Director
Jerome C. Keller Director
Douglas J. MacMaster Director
Eugene H. Rotberg Director

Source: Compensation data provided by Equilar, Inc..

Did You Know

QUIET, PLEASE: Martek has one of the world's largest "libraries" of algae, both frozen and growing.

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