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Despite the bright future ahead that Pile sees for Martek, the stock has been a real dog.
FORBES: Magazine Article
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Martek Biosciences Corp. of Columbia, Md. uses algae to produce omega-3 fatty acids, which it sells as a supplement for food and infant formula.
FORBES: Magazine Article
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"That has been successful, and now it aims to expand its market to expectant mothers, " says Pile of Martek's working with partners to offer a range of nutritional supplements to pregnant and lactating mothers.
FORBES: Martek Biosciences: Baby Formula Break Out
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Pile likes Martek because research suggests that its products, DHA and ARA, are "essential for healthy mental, retinal and neural development in infants, " and its goal for several years has been to tap into the infant formula market.
FORBES: Martek Biosciences: Baby Formula Break Out