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SENOMYX ANNOUNCES CORPORATE UPDATE AND THIRD QUARTER 2009 FINANCIAL RESULTS
Date:11/5/2009

velopment of S6973. If Firmenich does not proceed with S6973, the remaining $8 million will be due at the time Firmenich decides to proceed with commercial development of any other Sweet Enhancer covered under the agreement that receives regulatory approval.

"The global sucrose market has in excess of $50 billion in annual purchases, with a large range of products that utilize sucrose," noted John Poyhonen, Senomyx's President and Chief Operating Officer. "We believe the numerous products for which S6973 has been granted GRAS status are a valuable segment of this market and represent a large commercial opportunity for our novel sucrose enhancer. S6973 is intended to allow food and beverage companies to offer appealing lower-calorie products that may have a nutritional benefit for their customers, and in some product categories it may also provide a cost of goods benefit.

"In order to address other types of products that use sugar, Senomyx is evaluating S6973 for potential future GRAS determination in additional categories," Poyhonen said. "As discussed previously, we are also continuing to assess several promising new sucrose enhancers with desirable physical properties that may be advantageous for an even wider variety of applications, including a range of beverages."

Senomyx is also pleased to report that Ajinomoto Co., Inc., a leading global manufacturer of food and culinary products, has begun the initial commercial introduction of products that contain a Senomyx flavor ingredient. The first product marketed is an ingredient mix being introduced in China. Senomyx anticipates that Ajinomoto's commercial activities will expand to additional offerings and countries over time.

Senomyx is also continuing to make progress with other aspects of the Company's flavor programs and to increase the number of granted patents in its intellectual property portfolio. As of September 30, 2009, Senomyx is the owner or exclusive
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SOURCE Senomyx, Inc.
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