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SENOMYX ANNOUNCES CORPORATE UPDATE AND SECOND QUARTER 2014 FINANCIAL RESULTS
Date:7/31/2014

s received a positive determination regarding safety from the Joint FAO/WHO Expert Committee on Food Additives (JECFA).  SR96, which is currently being commercialized by Senomyx and our partner Firmenich, previously received a FEMA GRAS designation for use in virtually all food and beverage product categories.  The JECFA determination allows usage of SR96 in many new international markets," Poyhonen noted.

JECFA is an independent committee of international scientific experts that has been evaluating the safety of food additives and flavors since 1956.  It is jointly administered by the Food and Agricultural Organization (FAO) and World Health Organization (WHO) of the United Nations.  JECFA performs safety assessments and provides advice to FAO, WHO, and the member countries of both organizations.  A JECFA determination allows immediate usage in many countries, unless product registration is required at the country level.The Company also announced today that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a new patent entitled, "Sweet Flavor Modifier", which includes composition-of-matter claims for Sweetmyx S617 and will be in force through December 4, 2033.  In addition to Sweetmyx S617, the patent covers a number of similar flavor modifiers for sucrose, fructose, and sucralose.  "Senomyx continues to make a significant investment in our intellectual property portfolio and we are very pleased to receive notice of an issued patent on one of our most important assets," said Poyhonen. "We believe that we are still on track for the first commercialization of Sweetmyx S617 by a partner before the end of 2014.

"Also during the second quarter, Senomyx announced that PepsiCo exercised its option to extend the companies' collaborative agreement related to Senomyx's sweet-taste technology for an additional two years, through August 2016," Poyhonen s
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