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Quotes & Info
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| SNMX > SEC Filings for SNMX > Form 8-K on 7-Aug-2012 | All Recent SEC Filings |
7-Aug-2012
Entry into a Material Definitive Agreement, Results of Operations and Financial Condi
Today we announced that on August 2, 2012 we entered into an amendment of our Collaborative Research, Development, Commercialization and License Agreement with PepsiCo, Inc. dated August 16, 2010. Under the terms of the amendment, we have reacquired the rights related to the use of our S9632 sweet taste modifier in non-alcoholic beverages, including a co-exclusive right in the category of powdered non-alcoholic beverages. In consideration for reacquiring the rights to S9632 we agreed that we would not receive certain potential minimum annual royalty payments and a potential future milestone related to S9632 that might have otherwise been payable under the terms of our collaboration agreement. The amendment relates only to S9632 and does not impact either party's rights or obligations related to any other sweet taste modifiers and natural high-potency sweeteners discovered and developed under the collaboration.
On August 7, 2012, we announced financial results for the quarter ended June 30, 2012 in the earnings release attached hereto as Exhibit 99.1 and incorporated herein by reference.
The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.
(d) Exhibits.
99.1 Press release of Senomyx, Inc. dated August 7, 2012.
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