baltimoresun.com - Kellogg deal boosts stock of Martek nearly 13%
Breakfast-cereal king agrees to use fatty acid made by Md. biotech
By Tricia Bishop
Sun Staff
Originally published February 5, 2005
"Shares of Martek Biosciences Corp. rose nearly 13 percent yesterday after news that the Kellogg Co. plans to fortify food with one of the Columbia biotech's products as early as next year. Martek announced the deal yesterday morning, but only described the partner as a Fortune 500 consumer-product food company. Kellogg, the Battle Creek, Mich., company that is the nation's top breakfast cereal manufacturer, was revealed as the company in a filing with the Securities and Exchange Commission.... "