SENOMYX ANNOUNCES FOURTH QUARTER AND YEAR-END 2008 FINANCI... ( and the new bitter blockers that are no...)

SENOMYX ANNOUNCES FOURTH QUARTER AND YEAR-END 2008 FINANCIAL RESULTS

Date:2/12/2009

, and the new bitter blockers that are now moving into the development phase. We are confident that during Mark's leave we have the experience and expertise to continue to advance our Discovery and Development programs."

On other management news, Susan R. Firestone has been promoted to Vice President, Human Resources. Ms. Firestone is an accomplished Human Resource executive with more than 12 years of diverse experience in consulting, start-up, and Fortune 500 companies. She has expertise in driving organizational initiatives and implementing targeted employee programs. Ms. Firestone received an M.S. in Chemistry at the University of California, Los Angeles and a B.S. in Chemistry, Magna Cum Laude from Texas Christian University.

"Susie has made significant contributions to the Company since joining Senomyx in April 2007," Snyder commented. "We are pleased to have her join the management team."

Financial Review:

Revenues for the fourth quarter were $3.5 million, compared to $6.4 million for the same period in 2007, a decrease of 45%. Revenues were $17.2 million for the full 2008 year, compared to $18.2 million for 2007, a decrease of 6%. The decrease in revenue for the fourth quarter and full year is primarily due to higher non-recurring upfront payment revenue in 2007 compared to 2008. Specifically, under its collaboration with Ajinomoto, in 2007 the company received an $8 million upfront payment, the majority of which was recognized as revenue in the second half of 2007. Included in revenues for the full year 2008 were $347,000 in commercial revenues, compared to $23,000 for 2007. Commercial revenues are comprised of amounts associated with commercialization of products containing Senomyx's flavor ingredients and are generally recognized one quarter in arrears.

Research and development expenses (including non-cash stock-based compensation expe
'/>"/>

SOURCE Senomyx, Inc.
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Related biology technology :

1. SENOMYX ANNOUNCES INITIATION OF DEVELOPMENT ACTIVITIES FOR NEW BITTER BLOCKERS
2. SENOMYX, INC. fourth quarter AND FISCAL YEAR-END 2008 Earnings conference call scheduled for February 12, 2009
3. SENOMYX TO WEBCAST CORPORATE PRESENTATION AT THE 11TH ANNUAL NEEDHAM GROWTH STOCK CONFERENCE
4. SENOMYX AND FIRMENICH TO COLLABORATE ON COMMERCIALIZATION OF S2383, A NOVEL ENHANCER OF THE HIGH-INTENSITY SWEETENER SUCRALOSE
5. SENOMYX ANNOUNCES THIRD QUARTER 2008 FINANCIAL RESULTS
6. SENOMYX ANNOUNCES RECEIPT OF MILESTONE PAYMENT FROM THE COCA-COLA COMPANY
7. SENOMYX, INC. THIRD QUARTER 2008 EARNINGS CONFERENCE CALL SCHEDULED FOR NOVEMBER 6, 2008
8. SENOMYX CO-FOUNDER AND SCIENTIFIC ADVISORY BOARD MEMBER ROGER TSIEN, PH.D., AWARDED NOBEL PRIZE IN CHEMISTRY
9. SENOMYX TO WEBCAST CORPORATE PRESENTATION AT THE WACHOVIA CONSUMER GROWTH CONFERENCE
10. SENOMYX TO WEBCAST CORPORATE PRESENTATION AT THE CANACCORD ADAMS 28TH ANNUAL GLOBAL GROWTH CONFERENCE
11. SENOMYX ANNOUNCES INITIATION OF DEVELOPMENT ACTIVITIES FOR NEW SUCROSE ENHANCER

Post Your Comments:

(Date:6/19/2013)... TX (PRWEB) June 19, 2013 Applied ... application report that details the measurement of sulfur in ... NEX QC+ high resolution benchtop EDXRF analyzer . The ... standard test method ISO 13032. This International Standard ... for the determination of sulfur content in automotive gasoline. ...

(Date:6/19/2013)... MN (PRWEB) June 19, 2013 Express ... abuse tests, today announced that it has received Class ... market and sell its DrugCheck® NxStep Onsite Drug ... use of the rapid screening device in near-patient settings, ... Drug Screen Cup received Health Canada Class III approval ...

(Date:6/18/2013)... Clara, CA (PRWEB) June 18, 2013 ... to standard size SEMs but have limited performance and ... lower resolution. Full size SEMs would normally provide better ... more knowledge to operate and have a higher cost ... address the gap between these two types of ...

(Date:6/18/2013)... June 18, 2013 China Cord Blood Corporation ... China,s leading provider of cord blood collection, laboratory testing, ... today announced its preliminary unaudited financial results for the ... ended March 31, 2013. Fourth Quarter ... fourth quarter of fiscal 2013 increased by 33.3% to ...

[0] Rigaku Publishes New Application Note for Analysis of ULSD Per ISO 13032 [0] Express Diagnostics’ DrugCheck® On-site Test Cup Receives Health Canada Class III Medical Device Approval [0] Nanounity Introduces the Pemtron Range of Compact Scanning Electron Microscopes [0] China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013

... power they use. The more power they use, the hotter ... overheat. It doesn,t take a rocket scientist to understand what ... of electronics, thermal control is always one of the limiting ... to help cool down electronic components. However, Jeffrey ...

... BioStorage Technologies, the premier global provider of ... has opened its new state-of-the-art biorepository facility in ... company,s strategic growth plan, and represents a 4.6MM ... near the second largest FedEx hub in the ...

... 2011 Reportlinker.com announces that a new ... catalogue: Future Directions in ... Big Pharma has begun ... Pfizer and Novartis in 2009, and Cephalon ...

Cached Biology Technology:NASA is making hot, way cool 2 NASA is making hot, way cool 3 BioStorage Technologies Expands U.S. Operations with Opening of New Biorepository Facility 2 BioStorage Technologies Expands U.S. Operations with Opening of New Biorepository Facility 3 Reportlinker Adds Future Directions in Regenerative Medicine 2 Reportlinker Adds Future Directions in Regenerative Medicine 3 Reportlinker Adds Future Directions in Regenerative Medicine 4 Reportlinker Adds Future Directions in Regenerative Medicine 5 Reportlinker Adds Future Directions in Regenerative Medicine 6

NASA is making hot, way cool BioStorage Technologies Expands U.S. Operations with Opening of New Biorepository Facility Reportlinker Adds Future Directions in Regenerative Medicine

(Date:6/18/2013)... Bethesda, MD, June 18, 2013: The Association for Molecular ... Federation of American Societies for Experimental Biology (FASEB) on ... for membership on June 3, 2013. , The ... individuals and share a common vision for the advancement ... "Basic biomedical and translational research is more important now ...

(Date:6/18/2013)... Adelaide shows that weight gain and increased head size in ... higher IQ at early school age. , The study was led ... more than 13,800 children who were born full-term. , The results, ... babies who put on 40% of their birthweight in the first ... they were six years of age, compared with babies who only ...

(Date:6/17/2013)... eat their food may turn out to be just as ... out of St. Michael,s Hospital. , The study, led ... association between poor eating habits in kids ages three ... cholesterol, putting them at risk for cardiovascular disease later ... Canadian Medical Association Journal today. , "We know ...

Breaking Biology News(10 mins):IQ link to baby's weight gain in first month 2 Poor eating behaviors may put preschoolers at risk for later health problems 2

[0] AMP joins the Federation of American Societies for Experimental Biology [0] IQ link to baby's weight gain in first month [0] Poor eating behaviors may put preschoolers at risk for later health problems

... are killing head corals and adding stress to Caribbean ... from global climate change, coral diseases, hurricanes, pollution, and ... will take the pressure off the other corals, according ... PLoS ONE . The small, belligerently territorial, ...

... More than two million miles of the ... is nearing the end of its useful ... do not attract much attention because of ... associate professor of civil and environmental engineering ...

... attacks are most likely to occur on Sunday, in less ... involve surfers wearing black and white bathing suits, a first ... Researchers analyzed statistics from shark attacks that occurred in ... World," between 1956 and 2008. They also spent a year ...

Cached Biology News:Distressed damsels stress coral reefs 2 Efforts underway at Virginia Tech to address deterioration of nation's water pipes 2 Case study analyzes why, where and when of leading shark attack site 2 Case study analyzes why, where and when of leading shark attack site 3

Distressed damsels stress coral reefs Efforts underway at Virginia Tech to address deterioration of nation's water pipes Case study analyzes why, where and when of leading shark attack site

... Goat polyclonal to PAX3 This ... box (PAX) family of transcription factors. Members ... paired box domain and a paired-type homeodomain. ... development. Mutations in paired box gene 3 ...

Anti-Human alpha2-Antiplasmin Purified (Polyclonal) (goat IgG)...

Anti (porcine) Vitronectin...

Rabbit polyclonal to ErbB 2 (phospho Y1248) ( Abpromise for all tested applications). entrezGeneID: 2064 SwissProtID: P04626...

Biology Products:

Goat Anti-PAX3 Polyclonal Antibody, Unconjugated from GeneTex Goat Anti-Human Antiplasmin, a2 Antibody, Unconjugated from CEDARLANE Laboratories Limited Rabbit Anti-Porcine Vitronectin Antibody, Unconjugated from Cosmo Bio Co., Ltd.Rabbit Anti-ErbB2, phospho (Tyr1248) Polyclonal Antibody, Unconjugated from Abcam