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Biotech / Medical : Senomys(SNMX)- A Taste for Success!!! -- Ignore unavailable to you. Want to Upgrade?

To: caly who wrote (157)	6/24/2010 5:21:10 PM
From: A.J. Mullen	Read Replies (1) \| Respond to of 192

CORRECTED - CORRECTED-BRIEF-Senomyx says signs research agreement with Pepsi Thu Jun 24, 2010 9:50am EDTStocks Senomyx, Inc. SNMX.O $3.98 (Corrects headline to clarify that Senomyx signs agreement with PepsiCo. The Coca-Cola term sheet referred to earlier was signed in April) June 24 (Reuters) - Senomyx Inc (SNMX.O): * Says on April 23, 2010 it entered into a term sheet with the Coca-Cola Co * Term sheet was for a research program related to the discovery and commercialization of new flavor ingredients * Says it and Coca-Cola were unable to reach mutually satisfactory terms for a new collaborative research agreement * Says entered into letter agreement with PepsiCo Inc (PEP.N) on June 23 - SEC filing * Says will receive a payment of $7.5 million from PepsiCo * Under pact, PepsiCo's rights to use co's flavor ingredients to be exclusive in all non-alcoholic beverages * Under pact, powdered non-alcoholic beverages rights to be co-exclusive - SEC filing ED> Phrases in bold were given emphasis by me. Ashley