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Potential Senomyx-PepsiCo Collaboration on Sweet Enhancers and Sweeteners

Posted: July 2, 2010

Senomyx Inc. (San Diego) and PepsiCo have signed a letter agreement and entered into an exclusive 60-day negotiation period to finalize an agreement on sweet taste technology collaboration. The agreement would encompass a program "focused on the discovery, development, and commercialization of new artificial sweet enhancers, natural sweet enhancers, and natural high potency sweeteners for the non-alcoholic beverage category," according to an official announcement. The deal would be worth $7.5 million for Senomyx.