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April 9, 2014
05:26 EDTPEP, SNMXSenomyx enters into research agreement with PepsiCo, terms not disclosed
Senomyx (SNMX) announced that it has entered into a new collaborative agreement with PepsiCo (PEP) related to Senomyx's Salt Taste Program. The new collaboration will support Senomyx's continued work to identify flavors with modifying properties intended to restore the desired salty taste in products with reduced salt. Under the new agreement, PepsiCo will provide research funding for the Salt Taste Program for 2014 and has options to extend the research funding period. PepsiCo will have non-exclusive rights to salt flavor modifiers discovered during the research funding period. In addition, Senomyx will have the right to supply these flavor ingredients directly to PepsiCo. Financial terms of the agreement have not been disclosed.
News For SNMX;PEP From The Last 14 Days
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March 2, 2015
11:00 EDTPEPPepsiCo to close Russian juice plant in Ramenskoye, Reuters reports
PepsiCo plans to close its juice plant outside Moscow due to falling demand, reports Reuters. PepsiCo will close the the plant in Ramenskoye which employs 400 staff and has more than 10 production lines. Reference Link
February 27, 2015
11:47 EDTPEPMonster Beverage rallies to 52-week high after Q4 results top estimates
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February 26, 2015
08:32 EDTSNMXSenomyx sees FY15 EPS (35c)-(28c), consensus (13c)
Sees FY15 revenue $25M-$30M, consensus $37.25M. Sees FY15 commercial revenue $7M-$10M. Sees FY15 total operating expenses of $40M-$43M. The revenues range is primarily based on anticipated milestone achievements, direct sales ramp-up, and Sweetmyx S617 commercialization. The range for expenses is primarily based on timing around potential outsourced research and development activities, the cost of commercial revenues associated with the commercial revenues guidance range and variability associated with performance-based compensation.
08:31 EDTSNMXSenomyx reports Q4 EPS (7c), consensus (11c)
Reports Q4 revenue $6.26M, consensus $6.59M
February 23, 2015
12:37 EDTPEPSodaStream not a likely target of PepsiCo, NY Times says
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February 17, 2015
07:15 EDTPEPConsumer Analyst Group of New York (CAGNY) to hold a conference
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