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Stock Market & Financial Investment News

News Breaks
March 14, 2014
10:13 EDTSNMXFDA says it has not made GRAS determination for Sweetmyx
In a post dated March 12, the FDA said it had not made a "generally recognized as safe," or GRAS, determination on the food ingredient Sweetmyx, nor had it been notified by Senomyx regarding a GRAS determination for this food ingredient. The FDA noted that on March 11 Senomyx issued a public statement suggesting that Sweetmyx was generally recognized as safe and that the statement appeared to suggest that the FDA had made the GRAS determination. The FDA said the company’s statement has been corrected and now notes that a third party organization made the determination. Reference Link
News For SNMX From The Last 14 Days
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January 23, 2015
06:12 EDTSNMXSenomyx announces restructuring plan, plans to reduce work force by 14%
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06:09 EDTSNMXSenomyx, PepsiCo executes collaborative research agreeement
Senomyx (SNMX) and PepsiCo (PEP) executed an amendment to the collaborative research agreement dated April 8, 2014 related to Senomyx’s Salt-Taste Program. Under the terms of the original agreement, PepsiCo agreed to provide certain research funding for our Salt Taste Program with a focus on the identification of flavors with modifying properties intended to restore the desired salty taste in products with reduced salt through December 2014. The amendment extends the research funding and the collaborative research period for an additional year through December 31, 2015.

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