Senomyx new flavors approved in the European Union Senomyx announced that the Company's four initial Savory Flavors and its S2383 flavor ingredient have all received regulatory approval in the European Union. Senomyx's four Savory Flavor ingredients may be used to create new savory flavor blends. S2383 is a flavor ingredient with modifying properties that restores the taste profile in products that have reduced amounts of sucralose, a high-intensity sweetener. Each of these ingredients was included in the newly published Union List, which identifies flavoring substances that will be considered legal for use in EU countries as of end-April 2013.
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Senomyx 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.