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SENOMYX ANNOUNCES CORPORATE UPDATE AND SECOND QUARTER FINANCIAL RESULTS
Date:8/1/2013

impressive breadth of knowledge regarding flavors and food ingredients that will be a significant benefit to Senomyx beyond his role in establishing our supply chain capabilities.

"Concurrent with staffing our commercial organization, Senomyx has been successful in expanding the number of flavor companies that are evaluating our direct sales offerings," Poyhonen added.  "Initial evaluations of our S9632 sucrose modifier, as well as selected flavor ingredients from our Savory Taste and Bitter Blockers Programs, are now underway.  The interest shown by the flavor companies during this early phase of our direct sales initiative is very encouraging. In addition, we remain on track to receive initial commercial quantities of S9632 from our contract manufacturer in the fourth quarter of 2013."

"Senomyx is also continuing to make significant progress with our R&D activities," Snyder said.  "We now have two flavor ingredients in the development phase, which involves safety studies and other preparations for anticipated regulatory filings.  During the past quarter S2227, a new cooling agent, was advanced into definitive safety studies.  Importantly, development activities are ongoing with S617, a modifier of both sucrose and high fructose corn syrup (HFCS).  Beyond S617, we are continuing to identify and optimize new discoveries from the Sweet Taste Program that we believe will be useful to expand our market opportunities. 

"A notable recent achievement was the discovery of a natural sucrose modifier, which is the first taste modifier proof-of-concept for our natural products initiative.  Related plant-derived samples from our expanded natural products library are currently being assessed via Senomyx's proprietary high-throughput screening systems and taste tests," Snyder stated.

Commercialization Updates:Senomyx Direct Sales Initiative:  Under the Company's new direct sales strategy, rath
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