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  <TITLE> Martek Biosciences Corporation (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	October 19, 2006
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  	Martek Biosciences Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	0-22354
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  	52-1399362
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	6480 Dobbin Road, Columbia, Maryland
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  	21045
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  _________________________________<BR>
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	410-740-0081
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
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  On October 19, 2006, Sandra Panem, Ph.D., notified Martek Biosciences Corporation (the "Company") of her resignation from the Company&#x2019;s Board of Directors effective October 31, 2006, the end of the Company&#x2019;s current fiscal year.  <br><br>In her resignation letter, Dr. Panem stated:  <br><br>"As we have discussed, I have served as a Director of Martek from time-to-time over the past sixteen years, and continuously since 1996. In this period, the Company has evolved from a start-up biotechnology company to a mature, revenues and earnings driven nutraceutical company focused largely on infant and maternal nutrition.  Commensurate with this evolution, the Company has grown dramatically and expanded and changed its management team.<br><br>Martek is now poised to expand into the broad food and beverages industry. I believe that the Company and its shareholders will be best served by having new, fresh perspectives as well as additional food and beverage industry expertise on the Board. For these reasons, and because I have served for such a long, continuous period, the time is now right for me to step down.<br><br>I have thoroughly enjoyed my experience as a Director of Martek and look forward to following Martek's progress."<br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	Martek Biosciences Corporation
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  <I>
  	October 23, 2006
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  	By:
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  <I>
  	/s/ George P. Barker
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  	Name: George P. Barker
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  <I>
  	Title: Senior Vice President, General Counsel and Secretary
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_15718.htm", "description": "LIVE FILING", "secsgml_size_bytes": 9585}]
metadata_filer: {"company-data": {"conformed-name": "MARTEK BIOSCIENCES CORP", "cik": "0000892025", "assigned-sic": "2836", "irs-number": "521399362", "state-of-incorporation": "DE", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-22354", "film-number": "061158222"}, "business-address": {"street1": "6480 DOBBIN RD", "city": "COLUMBIA", "state": "MD", "zip": "21045", "phone": "4107400081"}, "mail-address": {"street1": "6480 DOBBIN RD", "city": "COLUMBIA", "state": "MD", "zip": "21045"}}
text: Martek Biosciences Corporation (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  October 19, 2006
  Martek Biosciences Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  0-22354
  52-1399362
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  6480 Dobbin Road, Columbia, Maryland
  21045
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  410-740-0081
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
  On October 19, 2006, Sandra Panem, Ph.D., notified Martek Biosciences Corporation (the "Company") of her resignation from the Company's Board of Directors effective October 31, 2006, the end of the Company's current fiscal year.
  In her resignation letter, Dr. Panem stated:
  "As we have discussed, I have served as a Director of Martek from time-to-time over the past sixteen years, and continuously since 1996. In this period, the Company has evolved from a start-up biotechnology company to a mature, revenues and earnings driven nutraceutical company focused largely on infant and maternal nutrition.  Commensurate with this evolution, the Company has grown dramatically and expanded and changed its management team.
  Martek is now poised to expand into the broad food and beverages industry. I believe that the Company and its shareholders will be best served by having new, fresh perspectives as well as additional food and beverage industry expertise on the Board. For these reasons, and because I have served for such a long, continuous period, the time is now right for me to step down.
  I have thoroughly enjoyed my experience as a Director of Martek and look forward to following Martek's progress."
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Martek Biosciences Corporation
  October 23, 2006
  By:
  /s/ George P. Barker
  Name: George P. Barker
  Title: Senior Vice President, General Counsel and Secretary