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Columbia-based biotech making omega-3 DHA and ARA nutritional ingredients for infant formula and dietary supplements.
Martek Biosciences was founded in 1985 by Chris Nicholls and develops nutritional products that support health, including omega-3 fatty acids, DHA and ARA for infant brain and vision development. It sells ingredients and supplements to food, supplement and infant formula manufacturers, mainly through long-term supply agreements. Cross Atlantic Partners fully exited its investment in 2009 with a 2.2X cash-on-cash return. The company plans new infant nutrition products and expansion in Asia and Europe by 2025.
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